President Trump signed an executive order earlier this week imposing new tariffs on imports from BRICS nations.

Companies, consumers and foreign countries have been paying close attention to President Donald Trump’s aggressive policy of placing tariffs on foreign goods. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place — a high-stakes legal battle that will either affirm a key pillar of Trump’s economic policy or cut it off at the knees.

As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains,

U.S. President Donald Trump signed an executive order implementing an additional 40% tariff on Brazil, bringing the total tariff amount to 50%, the White House said on Wednesday, citing Brazil's recent policies that the Trump administration disagrees with.