US President Donald Trump signed an executive order ending a global tariff exemption used by shoppers of low-cost goods. The order, signed on Wednesday, comes into force on 29 August and broadens earlier presidential action that specifically targeted cheap products from China and Hong Kong to now cover the rest of the world.

The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed. U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June.

Price hikes are in the mid-single digits across categories, a spokesperson for the company said. Consumer goods, food and drink companies have struggled with lackluster sales since the pandemic, as shoppers have balked at increasingly expensive name-brand packaged food.

The United States has agreed a trade deal with South Korea that will subject South Korean imports to a 15% tariff rate, President Donald Trump said on Wednesday. South Korea will also invest $350 billion in the United States and purchase $100 billion in U.

U.S. President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug.

It’s a race against time for some of America’s top trading partners who are negotiating furiously to reach agreements by Aug. 1.

Epstein co-conspirator Ghislaine Maxwell's request for immunity was denied by the House Oversight Committee. But Maxwell's attorneys say there is one path that could convince her to testify before Congress anyway: a pardon from President Donald Trump.

It comes as polls have shown Trump's approval rating on a downward trajectory in recent weeks amid scrutiny over his handling of the Jeffrey Epstein case from Demo