New "reciprocal" Trump tariffs aim to match tariffs other countries place on U.S. goods, but the reality is more complex.

President Donald Trump’s nominee for U.S. Secretary of Commerce, Howard Lutnick, passed a key procedural vote in the Senate on Thursday, clearing the path for his final confirmation vote.

Trump’s tariffs on products from the EU and TK add to a big trade bill that will hit U.S. states, with Texas and California economies the most impacted.

Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit these popular categories the hardest.

Trump has gravitated toward the reciprocal tariff plan as a key part of his push to raise U.S. levies overall. Trump has said ...