The federal government announced a plan on Wednesday to slap tariffs on $29.8 billion worth of American goods to hit back ...

US President Donald Trump has reignited trade tensions with the European Union by threatening to impose a 200% tariff on wines, champagnes, and other alcoholic products from France and the wider EU.

Walker Department of Economics at Clemson University, told FOX Business. "However, if the tariffs are believed to be permanent, firms may want to raise their prices. If consumer demand is not too ...