Will Trump's tariffs lead to more revenue to cover tax cuts? 03:07. President Trump describes his administration's sweeping new tariffs on other countries as a tool for accomplish

The administration's elimination of the so-called “de minimis” loophole has implications for businesses ranging from Etsy sellers to e-commerce behemoths.

President Donald Trump is providing some relief to automakers reeling from his steep 25% tariffs imposed on foreign cars and auto parts. Trump, under a proclamation he signed April 29, is offering auto companies credits for a portion of the tariffs on auto parts that they import to build vehicles in the U.

As part of his events marking 100 days in office, President Donald Trump convened his Cabinet officials on Wednesday for a meeting at the White House.Trump also sat down exclusively with ABC News on Tuesday for the first broadcast interview marking this milestone of his second term.

President Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States

For the first time, President Donald Trump is acknowledging his tariffs on China could cause shortages of consumer goods and higher prices. It comes as the U.S. economy shrank in the first three months of this year,