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Trump’s Tariffs:

US Court of Appeals Ruling

Tariffs by Country

De Minimis Exemption

Digital Services Taxes

Bessent on Tariffs

Big Take Podcast

The Tariff Wars Are Here — And They’re Messy

Today on the Big Take podcast: How a slate of new tariffs could upend global trade and geopolitics — if they go into effect.

President Donald Trump speaks to the press as he signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House in Washington, DC, on Feb. 3, 2025. — President Donald Trump speaks to the press as he signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House in Washington, DC, on Feb. 3, 2025.Photographer: Jim Watson/AFP/Getty Images

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By Sarah Holder, Jessica Beck, and David Fox

February 3, 2025 at 6:44 PM EST

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Is it a trade war or is it whiplash?