Defense programs, particularly shipbuilding, will experience high costs and delays if the administration's tariffs target crucial materials, analysts said.

U.S. President Donald Trump said Sunday that he was ordering tariffs, visa restrictions and other retaliatory measures to be taken against Colombia after its government rejected two flights

Colombia has walked back from the brink of a damaging trade war with the United States, reaching an agreement on accepting deported migrants being returned on military planes, after a flurry of threats from President Donald Trump that included steep tariffs.