President Donald Trump posted that if Russian President Vladimir Putin doesn't "make a 'deal,' and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries."

Officials advising Donald Trump on his upcoming administration have been considering tariffs that would gradually increase by 2% to 5% a month, according to a Bloomberg News article based on unnamed sources. The proposal could boost negotiating leverage and avoid a spike in prices, the planners believe. The article said the proposal is in its early phases and hasn't been presented to the president-elect.

President-elect Donald Trump announced plans Jan. 14 to establish an "External Revenue Service" that would collect monies from tariffs, duties and all revenue coming from foreign sources, in a Truth Social post.

American consumers should take President-elect Donald Trump seriously, but not literally, when it comes to his threats on tariff rates, said Jan Hatzius, chief economist at Goldman Sachs.

The incoming administration is thinking about applying tariffs on strategic goods from all countries, rather than a 10% or 20% global tariff, The Washington Post reported, citing three anonymous sources.

President-elect Donald Trump, in a social media posting Dec. 20, wrote: "I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!"

More than a dozen groups are asking President-elect Donald Trump to bolster intellectual property protections within the first 100 days of his presidency as part of a wider effort to combat counterfeit trade, they said in a Dec. 19 letter.

President Joe Biden called for the creation of a new task force to counter foreign economic coercion, which he said will help the U.S. better respond to coercive measures by “countries of concern,” including China.

Tariffs promised by President-elect Donald Trump would result in increased prices for U.S. consumers, experts warned in an analysis of current trade flows and tariff rates.

President-elect Donald Trump said the U.S. is "subsidizing Canada to the tune [of] over $100 billion a year. We’re subsidizing Mexico for almost $300 billion. We shouldn’t be -- why are we subsidizing these countries? If we’re going to subsidize them, let them become a state."