The U.S. tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their "best offer" in bids to avoid punishing import tax rates on other goods from taking effect in early July.

The Trump administration wants countries to provide their best offer on trade negotiations by June 4 as officials seek to accelerate talks with multiple partners ahead of a self-imposed deadline in just five weeks,

As Trump's tariff deadline nears, the U.S. is seeking trade proposals from global partners, including the EU and Japan, focused on industrial and agricultural products.

One official said that the president is unlikely to delay his initial 90-day pause on some of his highest rates.

US states and small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal, saying they’re suffering immediate harm from economic uncertainty around the levies.

Legal battles intensify over Trump's tariffs, with the administration appealing court decisions that challenge the use of IEEPA for economic policy enforcement.

The announcement Friday of a staggering 50% levy on steel imports stoked fear that big-ticket purchases could see major price increases.

The European Union on Monday said it is preparing “countermeasures” against the United States after the Trump administration’s surprise tariffs on steel rattled global markets

The European Union said it is preparing “countermeasures” against the U.S. following President Donald Trump’s unexpected announcement that he would increase his tariffs on steel. EU Commission President Ursula von der Leyen and Trump last week agreed to “rapidly” begin on a trade deal.

US President Donald Trump’s combative trade policies are hurting global economic growth, with the US among the hardest hit, according to the OECD. The Paris-based organization slashed its outlook for the second time this year,

One of America's most storied industries is getting a massive boost from President Donald Trump's latest tariffs push — at the potential cost of a broader slowdown elsewhere in the U.S. economy.