How concerned Federal Reserve officials were over stagflation risks as they met last month may become more clear on Wednesday in a readout of a gathering held before President Donald Trump's April 2 tariff announcement shook markets and made forecasts for higher inflation and slower growth more widespread.

Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.

President Donald Trump’s so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade. 2) China hasn’t immediately responded to the new US tariffs,

US President Donald Trump's latest wave of tariffs has come into force, with imports from China hit by a 104% rate amid an escalating standoff between the world's two biggest economies. Tariffs ranging from 11% to 50% now apply to imports from around 60 US trade partners,

The Trump administration is imposing increased tariffs on China after the deadline passed for the country to lift retaliatory tariffs, which were levied in response to President Donald Trump 's tariffs.

Delegations from Japan and South Korea are en route. Italy’s prime minister will be in Washington next week. And Israel’s “proactive approach” to seeking out new US trade agreements could serve as a model for everyone,

The new tariffs include a combined 104% levy on China. The move raises the risk of a recession and of breaking the political and economic alliances that made much of the world stable for business after World War II.

Business owners say the rapid change in US trade policy, including major tariffs on China, has left operations in flux.

President Donald Trump just ignited a direct showdown with the one nation that might be able to beat the United States in a trade war.

President Donald Trump will implement a 104% tariff on China on Wednesday morning after Beijing missed a deadline to drop its own barrier taxes on U.S. goods. White House officials told the Washington Examiner that China had “until noon” on Tuesday to walk back the 34% tariff rate the country announced in response to Trump’s

Retaliatory tariff deadline looms, as China vows to fight Trump's tariff war "to the end" 01:20. Apple iPhones could become even pricier under President Trump's reciprocal tariffs

US President Donald Trump’s announcement of “reciprocal” tariffs caused havoc in the markets, notably hitting Big Tech stocks such as Apple. The company lost more than $300bn in market value the next day,

Apple stores saw a surge in foot traffic over the weekend amid concerns over upcoming tariffs. The fear of soaring iPhone prices ahead of President Donald Trump's new tariffs is driving some customers to make purchases.

With inauguration donations and Mar-a-Lago visits, leaders of the biggest tech companies sought favor with the president in an attempt to steer regulation and tariffs, to little avail.

Customers said they aren’t waiting to see if iPhone costs increase.