With his two dozen letters to U.S. trading partners last week, President Donald Trump promised elevated tariffs on Aug. 1 largely to tackle an issue he’s raised for decades — trade deficits.

Russia continued its nightly bombardment of Ukrainian cities overnight into Tuesday, after President Donald Trump said the U.S. would send military equipment to Kyiv.

U.S. President Donald Trump's threatened 30% tariff on European Union imports is complicating the European Central Bank's decision-making but is unlikely to derail plans for a pause in rate cuts next week,

President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.

ABC News’ Linsey Davis is joined by former minister of foreign affairs in Russia Andrei Kozyrev to discuss President Trump’s tariff threats against Russia and how Vladimir Putin may react.

President Trump is seeking to intervene in a political fight roiling Brazil, demanding the country drop its prosecution of former President Jair Bolsonaro or face a 50 percent tariff on

"Deeply regrettable" is how Japanese Prime Minister Shigeru Ishiba has described US President Donald Trump's latest tariff threat - a 25% levy on Japanese goods. Tokyo, a long-time US ally, has been trying hard to avoid exactly this.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.