President Trump pushes trade war to new heights
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration's self-imposed midnight deadline.
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President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration's self-imposed midnight deadline.
President Trump said he is giving more time to Mexico to strike a trade deal ahead of his Aug. 1 tariff deadline.
South Korea appears to be the latest key U.S. trading partner to reach an agreement with the Trump administration, ahead of a Friday deadline when hefty tariffs take effect.
President Trump announced Sunday that the United States and the European Union had reached a trade deal after high-stakes meetings in Scotland, just days shy of Friday's White House deadline to enact tariffs.
With the Trump administration setting 15% as a floor for tariffs, companies and economists are warning of higher prices later this year.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
That's down from the 25% levies he proposed earlier this month. Japan's prime minister says duties on autos from his nation will be cut to 15% from 25%.
Americans are starting back-to-school shopping earlier this year out of concern over tariffs, according to a new study.
Fresh tomatoes from Mexico — which supplies about 70% of the U.S. tomato market — will face a 17.09% duty.
The EU – the United States' biggest trading partner – had been scheduled to impose "countermeasures" starting Monday at midnight in Brussels
President Trump announced on social media that he is levying 30% tariffs against Mexico and the European Union. They are set to begin on Aug. 1.
President Donald Trump is threatening a 35% tariff on goods imported from Canada, even though the country is the top buyer of U.S. exports, with $349 billion in imports last year, according to Commerce Department data.
McDonald's is reviving its long-lamented Snack Wrap and leaning into affordable eats as it looks to reverse a rare sales slump.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
If you're buying fireworks this year, some items may be pricier because of the tariff war between the U.S. and China.
The U.S. trade war with China has sharply curbed fireworks imports. "The timing of the tariffs couldn't have hit at a worse time," one industry rep says.
President Trump said he'll let Canada know what their tariff rate on exports to the U.S. will be soon.
They were already concerned about tariffs, but construction businesses in North Texas said they have new fears with the president's immigration crackdown.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
Employers across the U.S. added 139,000 jobs in May while the nation's unemployment rate remained at 4.2%, new data shows.
Trump's new 50% tariffs on steel and aluminum went into effect on June 3 and trade groups are sounding the alarms.
A U.S. tariff on imports of steel and aluminum took effect Wednesday, doubling to 50% and casting a pall on a gathering of OECD ministers.
In an interview with CBS Mornings, Musk said there were differences of opinion when he was an advisor for Trump.