Taiwan's Pegatron, an important supplier to Apple and Dell, said on Monday that President Donald Trump's tariffs were confusing U.S. customers and risked leading to shortages of consumer electronics in the United States.

President Donald Trump's tariff onslaught raised levies on China to 145% in early April, since then cargo shipments have plummeted, perhaps by as much as 60%. That drastic reduction in goods from one of the largest US trading partners hasn't been felt by many Americans yet,

The economic strategy of former President Donald Trump, under the 'America First' banner, utilized tariffs as a key tool. While aimed at protecting U.S. manufacturers, tariffs were also seen as a means to generate federal revenue.

Trump has repeatedly teased the notion of linking his tariffs with major income-tax cuts, floating a huge change in how the government raises revenue and offering voters worried a

Two Trump administration sources told FOX Business that the president is working on larger trade deals with countries, not ones just involving tariffs.

The announcement said the tariffs imposed on nearly every country risk causing "severe economic damage" throughout the United States. "Donald Trump promised that he would lower pr