President Donald Trump‘s latest tariff threats against America’s three largest trading partners could cost U.S. households an average of $800 in 2025, according to a report, marking an escalation from his first-term trade wars.

Donald Trump's trade advisers were finalizing plans on Wednesday for the reciprocal tariffs the U.S. president has vowed to impose on every country that charges duties on U.S. imports, ratcheting up fears of a widening global trade war and threatening to add to already-sticky U.

We start week five of the Trump administration with the president having threatened five sets of wildly destructive tariffs (Colombia, China, Canada and Mexico, steel and aluminium and so-called “reciprocal”) and deferred all but one to some time in the next couple of months.

Envisions phased introduction dependent on manufacturing commitments United States President Donald Trump has hinted at substantial tariffs on imported semiconductors.… Speaking at a news conference on Tuesday,

U.S. President Donald Trump's administration will announce reciprocal tariffs on every country that charges duties on U.S. imports by Thursday, the White House said, a move that will ratchet up fears of a widening global trade war and threaten to accelerate U.

President Trump has been busy imposing tariffs this month—the initial Mexico and Canada tariffs that were later delayed, a reciprocal tariff affecting a majority of products and a 25% tariff on aluminum and steel.