"The best estimate of the loss from tariff policy is now closer to $30 trillion."Summers added that the tariffs were the most expensive and "masochistic" the US had imposed in decades.Mohamed El-Erian"The price action in global financial markets in the immediate aftermath of the US tariff announcement points to major worries about global economic growth,

President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.

Here's how Trump's latest tariffs could impact mortgage rates and homebuilding costs in a market that's already fraught with affordability woes.

President Donald Trump is including a small group of remote islands inhabited by penguins as part of his sweeping new reciprocal global tariffs.

Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.

President Trump’s tariffs don’t just cover big U.S. trading partners. They also target tiny islands and territories, some with more penguins than people. Among the places grappling with new U.S. import duties: Norfolk Island—a subtropical Australian territory of some 2,

Donald Trump's tariffs have become a black and white issue on social media, where penguin memes have gone viral after he targeted an island inhabited by the flightless birds, but no people."The penguins have been ripping us off for years,

The sweeping tariffs announced by US President Donald Trump on Wednesday target not only economic superpowers but also financial minnows. In fact, a White House list notes some territories with no economy,

FileAmong the economies hit by U.S. President Donald Trump's sweeping tariffs announced on Wednesday: some remote Australian islands that are home to penguins, but not people, and a tiny outpost 600 miles off eastern Australia.