U.S. President Donald Trump said Friday he is weighing sending rebate checks to Americans funded by higher tariff revenue, according to a media report.

With inflation creeping back into the US economy, it's as important as ever to have a firm grasp on Donald Trump's tariffs and what they mean.

A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.