The Trump administration has lowered the tariff on low-value shipments (under $800) from China and Hong Kong from 120% to 54%, as part of a temporary trade

Trump avoids repeating Herbert Hoover’s Smoot-Hawley tariff mistake, which led to companies slashing dividend payouts.

President Donald Trump's trade policies have gone through many iterations over the past month, but his baseline 10% tariff on nearly all countries is here to stay, the White House said. "The president is committed to the 10% baseline tariff — not just for the United Kingdom,

President Donald Trump is "determined to continue with a "10% baseline tariff" against all countries despite his U.K. trade deal, the White House said.

Key Takeaways In an interview on Sunday, Commerce Secretary Howard Lutnick said a baseline 10% tariff will stay in place as trade talks continue. Economists say a broad 10% tariff on most imports could push up prices and have adverse effects on the economy.

President Trump is promising an order that will direct the Department of Health and Human Services to tie what Medicare pays for medications administered in a doctor’s office to the lowest price paid by other countries.

During his first 100 days back in the Oval Office, President Donald Trump's administration has repeatedly reversed tariff plans, Fox Digital found.

President Herbert Hoover, that is — whose own “MAGA” slogan helped him win the White House in 1928. When the U.S. stock market crashed seven months after he took office — the curtain-raiser for the Great Depression — Hoover dismissed the pleas of more than 1,