Less than a day after President Donald Trump announced sweeping tariffs against U.S. trading partners, Texas Republicans were divided on whether to endorse a trade war that business leaders say is likely to hurt the state's economy.

The sweeping tariff plan President Donald Trump unveiled Wednesday drew mixed reactions from Texas lawmakers on Capitol Hill, with the responses falling largely along party lines. Trump characterized the tariffs as a way to bring jobs and manufacturing back to the United States,

President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.

Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade war that would hurt its open economy.

President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods. Here's a look at how the White House got its numbers: Why do the new tariff rates often differ by country?

Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.

President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.

Donald Trump's tariffs will "clearly" have an economic impact on the UK and globally, Prime Minister Sir Keir Starmer has told business leaders in Downing Street. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports and 20% on those from the European Union.

Stocks dropped sharply for a second day after China set retaliatory tariffs countering President Trump's own steep import duties.