Though the Trump administration and European Union have agreed to a deal that reduces planned U.S. tariffs, Mexico still faces 30% levies on goods imported into the U.S. If tariffs do take effect on Aug. 1, experts say prices for everything from produce to cars and trucks could soon be on the rise for U.S. importers and consumers.

Trump’s tariffs spark a nationalist reaction in Latin America. Is the U.S. president a godsend for the region’s leftist leaders?

Initially, the measures targeted countries like China and trading partner allies, including Canada and Mexico. However, Trump's most recent tariffs could ultimately impact nearly all countries. Additionally, the inconsistent and historic nature of these ...

The on-again and off-again tariffs that President Donald Trump has been imposing and then rescinding on other countries has created uncertainty in agricultural markets worldwide and is affecting ag pr

In his letter to Mexico's leader, President Claudia Sheinbaum, Trump acknowledged that the country ... and we’re left out,” Holtz-Eakin said. If the tariffs do indeed take effect, the potential impact on Europe could be vast. The value of EU-U.S ...

President Trump is threatening Mexico and the European Union, two of the largest U.S. trading partners, with 30% tariffs starting in August if they don't reach a trade deal with the U.S. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means for U.