Last year, collective import tariff rates on various goods coming into the US more than tripled.

Americans are shouldering almost all of President Donald Trump’s import tax surge, a report from the Federal Reserve Bank of New York said on Thursday.

The US House of Representatives has voted to rescind US President Donald Trump's tariffs on Canadian goods.

The House is set to rebuke Donald Trump ’s signature economic policy today following Speaker Mike Johnson ’s failure late last night to contain GOP unrest over the administration’s trade war.

Although the resolution cleared the House, it did not pass with the two-thirds majority required to override a presidential veto, and Trump is expected to reject the measure if it reaches his desk.