President-elect Trump has proposed wide-ranging tariffs, which he claims he can unilaterally impose. The reality is more complicated, according to experts.

A U.S. trade attorney and a former congressman say a second Trump administration may not direct tariffs specifically at Canada, but there's concern this country could get swept up in the broader universal tariff Trump is proposing.

President-elect Donald Trump’s threat to slap a universal tariff of up to 20% on all goods exported to the US would be “unwelcome but manageable” for the UK, according to analysis from Bloomberg Economics.

China is ready to go head-to-head with President-elect Donald Trump’s tariffs as he prepares to take back the Oval. If Trump pushes for tariffs as high as 60% on Chinese goods, Beijing isn’t about to sit back.

Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could worsen if the sector is hit by tariffs promised by Donald Trump.

China is better equipped to respond to Donald Trump's proposed tariffs, despite past trade war experiences with high tariffs.