"Tariffs are coming in at record levels," President Donald Trump said on Tuesday at the White House Cabinet meeting. "The big money will start coming in on August 1st." The president was referencing tariff letters he's sending to other nation's leaders stipulating the tariff levels the U.

NBC News' Garrett Haake reports on President Trump's latest Cabinet meeting where he touched on the deadly floods in Texas, ongoing tariff negotiations and the war in Ukraine.

World shares are mostly higher, with financial markets shrugging off U.S. tariff pressures on its trading partners.

Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effe

Japan, South Korea, Malaysia and Kazakhstan will face 25% import duties starting Aug. 1, while goods from Laos and Myanmar will face a 40% tariff.

United States President Donald Trump has accused the BRICS alliance — comprising Brazil, Russia, India, China, and South Africa — of attempting to weaken the US dollar’s global dominance. In sharp remarks made during a cabinet meeting in Washington on Tuesday,

India has made its best offer to the US on trade and the fate of an interim deal now lies in the hands of President Donald Trump, officials familiar with the matter said.