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Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.

Passage would send a strong signal of bipartisan opposition to the levies, though the measure would face long odds in the House.

President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.

Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.

The president on Wednesday will announce sweeping tariffs that he says will restore fairness to the global trading system.

The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.

Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly optimistic.

The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.

The Office of the United States Trade Representative released a report Monday highlighting foreign trade barriers that could influence tariffs the president puts into effect this week.

A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.