The nonpartisan Congressional Budget Office handed Republicans a major political talking point Wednesday, with projections that showed the possibility for President Donald Trump’s tariffs to bring in more federal revenue than will be lost by his giant tax-cut plan.

Russia-Ukraine peace is not happening soon, according to President Donald Trump. Stalled out: Talks between Russia and Ukraine have largely fallen apart, as Russia insists on international recognition of annexed Ukrainian land. Tariffs on steel and aluminum doubled to 50 percent.

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel tariffs.

President Trump said it's "extremely hard" to reach a deal with his Chinese counterpart Xi Jinping, denting hopes for a call between the two leaders as trade talks stall. "I like President XI of China,

Republican Senator John Kennedy of Louisiana grilled Commerce Secretary Howard Lutnick on the Trump administration's tariffs.

In this gallery, we explain what reciprocal tariffs are, why Trump implemented them, and how much each country is being taxed. Click on for more.

Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but increase deficits by $2.4 trillion over the next decade.

U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of May 13, while also reducing federal budget deficits by $2.8 trillion over a decade,