Meanwhile, allies like South Korea are scrambling to shield their critical industries, unveiling billion-dollar rescue packages for chipmakers caught in the crossfire.

After the Trump administration exempted smartphones and semiconductors from tariffs on Friday, the president backtracked and warned no one was "getting off the hook".

Experts call Trump's raft of tariffs "worse than the worst-case scenario." There's been a pause and exemptions -- with things ...

President Donald Trump said tech-specific tariffs are coming soon, dampening optimism over an electronics exemption and ...

White House top economic adviser, Kevin Hassett, doubled down to ABC News' Rachel Scott that there will be no tariff ...

President Donald Trump’s top advisers and Nayib Bukele, the president of El Salvador, said Monday that they had no basis for ...

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of ...

President Donald Trump on Sunday said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the sector.

China’s leader Xi Jinping has released a letter denouncing tariff and trade wars and urging the multilateral trading system, ...

White House advisers and Cabinet members are trying to project confidence and calm as they defend President Donald Trump’s ...

President Donald Trump is heading into another volatile week of his trade wars facing an urgent need to de-escalate the ...

President Trump last week revoked security clearances for Chris Krebs, the former director of the Cybersecurity and Infrastructure Security Agency (CISA) who was fired by Trump after declaring the ...