President Donald Trump‘s administration has hiked tariffs on Chinese imports to the U.S. by up to 245%, as per a fact sheet released by the White House on Apr. 15. Trump signed an executive order launching an investigation into the national security risks posed by American reliance on imported critical minerals and their derivatives.

California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging President Donald Trump's authority to impose sweeping tariffs that have set off a global trade war. The suit will argue that Trump's use of the International Emergency Economic Powers Act to impose tariffs on Mexico,

Levies are currently set at a blanket 10%, down from rates set as high as 49% on Cambodia and 46% on Vietnam. With the latest exemptions, the effective rate on Vietnamese goods will fall to about 7% as close to a third of its exports to America, largely technology products, are exempt.

President Trump has ordered a probe that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones.

President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” tariffs he previously imposed on the business. The president didn't specify how long the potential pause would be or what it would entail,

American tech firms grappled with more uncertainty Monday, left to decipher whether they could rely on a tariff exemption for businesses key to the U.S. economy.

So President Trump says that car makers might need a little bit more time. When he was asked about any potential exemptions coming in the future. He added that he's looking