This is the second time in ten days that President Trump has threatened the member countries of BRICS - Brazil, Russia, India, China, and South Africa – with 10 per cent tariffs.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

The Trump administration is imposing a substantial tariff on a raw material that is critical for electric vehicle batteries, which could significantly raise the cost of building EVs in the United States.

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

Long before President Trump wielded tariffs as a weapon to punish Indonesia, the country was fighting back a flood of cheap Chinese goods.

Retailers exploit tariffs to justify price hikes on products not affected by trade policies, contradicting Trump's America First agenda to lower consumer costs

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.

Trump’s tariffs spark a nationalist reaction in Latin America. Is the U.S. president a godsend for the region’s leftist leaders?