It's not just iPhones and TVs. President Donald Trump's tariff policies might be driving up the cost of electric vehicles and combustion cars, too. EVs, in fact, might be especially vulnerable to the new tariffs that target China (a major exporter of critical metals) and the steel industry.

President Trump’s tariffs have added a record haul for US coffers since he rolled out the controversial “Liberation Day” policy on April 2 — but the added revenue still fell well short of the administration’s rosy projections.

Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.

Gov. Gretchen Whitmer is warning that President Donald Trump’s “chaotic policies” on tariffs will cost Michigan residents thousands of dollars each year.

American importers can store goods in the U.S. Customs and Border Protection's bonded warehouses nationwide to defer import duties amid rising tariffs.

"Other trading partners observing these threats will have the same mistrust of the negotiation process," experts argue.

President Trump set a 50 day deadline for a ceasefire deal between Russia and Ukraine or else he will hit Russia with "severe" tariffs. Also, the U.S. is sending weapons to Ukraine through NATO. Politico Foreign Affairs Correspondent Eli Stokols and Puck Founding Partner Julia Ioffe join Katy Tur to react to Trump's change in tone on Russian President Putin.

President Donald Trump said he would send letters to more than 150 countries notifying them of tariff rates as he pushes ahead with a trade agenda that has sent US partners racing to avoid higher import taxes.