President Donald Trump's higher import taxes on dozens of countries went into effect on Thursday, impacting more than 60 countries and the European Union.

Brazilian goods imported by the United States will soon carry one of the highest tariffs imposed by President Donald Trump, but that will not likely derail Latin America's largest economy, due to ample exemptions and stronger trade ties with China.

China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.

China's exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of a truce in President Donald Trump’ s trade war with Beijing.

After months of negotiation, President Trump's new tariffs are now in effect, raising the U.S. effective import tax rate to 18.3%, the highest since 1934. Households may face increased costs.

President Donald Trump's higher tariff rates of 10% to 50% on dozens of trading partners kicked in on Thursday, testing his strategy for shrinking U.S. trade deficits without massive disruptions to global supply chains,

A set of stiff tariffs against nearly 70 countries went into effect Thursday just after midnight, bringing the Trump administration one step closer to finalizing its “Liberation Day” agenda. United States trading partners will face duties ranging from 10% to 41%,