President Trump's "Liberation Day" promises a wave of tariffs against major trading partners. Former President Reagan's 1987 warnings about similar policies reveal striking historical parallels.

President Trump and his top economic officials have floated three different scenarios for what could happen on a key July 9 tariff deadline, all of them with different implications for markets.

Many retail executives are starting to follow Wall Street's "TACO trade" philosophy, according to a new survey. A growing ...