President Trump wants to bring pharmaceutical manufacturing back to the U.S. Experts warn tariffs could result in shortages and higher prices for generics.

The tech-heavy Nasdaq Composite was 5.82% lower. The Nasdaq closed in a bear market for the first time since 2022, down more than 20% from its record high in December. The Dow closed in correction,

President Donald Trump said the United States will put at least a 10% tariff on all goods coming into the country, with much higher tariffs for some of America's closest trading partners, in a sweeping move that could revamp global trade and the U.S. economy.

Administration officials and their allies have offered sometimes conflicting messages about the end goal of the tariffs and whether countries can negotiate new rates.

Representative Don Bacon is planning to introduce a companion bill to the bipartisan Senate legislation aimed at restoring congressional powers over tariffs.

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.

The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.

Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.

President Trump’s sweeping new tariffs apply to nearly every nation and territory in the world, from economic superpowers to barely-populated islands with little economic activity. Not all countries face the same level of tariffs.