Markets and US trading partners reacted to new rates that echoed Trump's April 2 announcement.
Trump said the U.S. was making progress in its efforts to negotiate an end to war with Iran. Tehran has denied that direct talks have taken place.
President Trump said the tariffs will go into effect on April 2, with collection starting on April 3. Auto experts predict the move will drive up prices and stymie production.
After months of trading barbs and insults in the media, the mayor-elect and the president appeared to put aside their differences and quickly strike a rapport.
The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz, according to sources familiar with the matter.
Pope Leo wrapped up his first overseas trip in Lebanon, where he prayed at the site of a deadly 2020 port blast and is led a waterfront Mass.
The ruling is another major blow for a powerful family that has dominated Thailand politics for two decades.
Trump announced the tariff reversal after meeting with NATO chief Mark Rutte on the sidelines of the World Economic Forum annual meeting in Davos, Switzerland.
Iran attacked Kuwait and Bahrain, while diplomacy between Washington and Tehran showed little progress.
The attacks have impacted energy sites from both countries and Iran's nuclear installations.
Meanwhile, Trump told countries that had not helped in the conflict to find "some delayed courage" to take the Strait of Hormuz and get their own oil.
Trump has signed an executive order to establish a U.S. strategic reserve of cryptocurrencies.
The court does not announce in advance what cases will be decided. It is unclear when it will issue its ruling on tariffs.
The Federal Reserve left rates unchanged, cites rising risks of higher inflation and unemployment. Chairman Jerome Powell focused on uncertainty around tariff policy.
Trump's tax cut bill passes after Republican negotiations in the House.
The U.S. president's historic second state visit to Britain began with unprecedented pomp, intense security, technology investments and protests.
The court handed the president a stinging defeat in a landmark ruling with major implications for the global economy.
U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.
Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as inflation is seen holding for another year at around 2%.
Aston Villa's FA Cup third round tie at home to Liverpool on Friday will go ahead as planned but Wednesday's Premier League game against Tottenham Hotspur is in doubt after a COVID-19 outbreak in the first-team squad.