Trump signed an executive order calling on his administration to determine "the equivalent of a reciprocal tariff with respect to each foreign trading partner."

Trump rolled out his plans to boost tariffs to match tax rates other countries charge on imports, adding to economic worries as inflation rises.

President Donald Trump could sign an order as soon as Wednesday to require that U.S. tariffs on imports match the tax rates charged by other countries.

President Trump's new tariff plan could trigger global trade tensions and economic uncertainty as he seeks to level the playing field.

President Trump is hiking tariffs on steel and aluminum, and pledging to impose more. The question is whether this leads to a widening conflict or not.

Donald Trump's trade advisers were finalizing plans on Wednesday for the reciprocal tariffs the U.S. president has vowed to impose on every country that charges duties on U.S. imports, ratcheting up fears of a widening global trade war.