And it’s happening, and it will happen rather quickly,” Trump said in a joint address to Congress early in March.Start the day smarter. Get all the news you need in your inbox each morning.

White House aides have drafted a proposal to impose tariffs of around 20 percent on most imports to the United States, people familiar with the matter said.

President Donald Trump's tariff plans might not be in full force yet — but Americans are feeling the strain. Trump's so-called "Liberation Day" is here. It's the name he gave April 2, when he's expected to unveil a range of broad tariffs on key trading partners.

After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike. The new tariffs, coming on what Trump has called “Liberation Day,

The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriersthat have businesses, consumers and investors fretting about an intensifying global trade war.

The Trump administration has been promising since mid-February that it will roll out new tariffs on April 2 — and the big unveil is almost here.

Stocks recoiled on Wednesday, while safe-haven gold held near record highs as a nervous world awaited details of U.S. President Donald Trump's tariff plans and investors fretted about the risks of an intensifying global trade war.

President Trump is expected to announce the details on the tariffs at the White House at 4:00 p.m. Wednesday. Kid Rock has revealed that comedian Bill Maher’s “mind was blown” after his White House sit down with President Donald Trump.

President Donald Trump is expected to impose major new tariffs in the coming days, but uncertainty still surrounds his plans after weeks of trade war whiplash. Meanwhile, Trump has ramped up his fiery rhetoric on Russia and Iran.

Automakers including General Motors Co. and Hyundai Motor Co. reported higher US auto sales as the threat of price hikes from President Donald Trump’s tariffs drove consumers to showrooms.GM’s deliveries soared 17% in the first quarter,

Cox Automotive estimates that 25% tariffs will add $3,000 to the cost of a U.S.-made vehicle and $6,000 to vehicles made in Canada or Mexico.

U.S. President Donald Trump said Hyundai Motor’s investment “is a clear demonstration that tariffs very strongly work.”

Two Michigan business groups urged President Donald Trump to halt plans to impose sweeping 25% tariffs on imported vehicles and parts, saying it would lead to dramatic price hikes, supply-chain disruptions and pain in the auto-heavy state.

Some car buyers and car dealers are collectively holding their breath as they brace for the 25% tariffs President Donald Trump is expected to impose on auto imports.

A study by the Yale Budget Lab estimated tariffs would increase vehicle prices by an average of 13.5%, worth another $6,400 to the price of a new vehicle.

The MAGA musician, who brokered the meet up between the traditional foes, was on Fox & Friends Tuesday morning to talk about how it went down. He, Maher and Ultimate Fighting Championship CEO Dana White were all invited to Washington,

President Donald Trump says reciprocal tariffs are on the table for all countries. And on Thursday, 25 percent tariffs on foreign-made cars and auto parts are set to kick in.

MichAuto's plea comes days before President Donald Trump's 25% tariff on foreign-made automobiles and automotive parts is slated to take effect.