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US stock market and global trade partners react to Trump’s new tariffs
Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7. The order drew worries from Wall Street Friday as stocks slumped and Treasury yields fell sharply.
Trump says he is open to more trade agreements; raises Canada tariff to 35%
Trump has justified tariffs on goods from Canada, the top U.S. export market, by accusing it of failing to stop the cross-border flow of fentanyl, even though U.S. government data shows Canada accounts for only 1% of the fentanyl that enters the United States.
A top administration official signaled confidence that President Donald Trump’s trade plans will survive even if the sweeping ...
Numerous countries around the world are facing the prospect of new tariffs on their exports to the United States on Aug. 7 ...
The arguments underscored the financial stakes for U.S. importers as the Trump administration prepares to impose higher rates ...
The Treasury secretary’s comments signaled possible relief for Canada’s aluminum sector.
The United States and Pakistan say they have reached a trade agreement that is expected to allow Washington to help develop ...
Some major companies are now planning to increase prices to offset tariff costs. ABC News’ Selina Wang reports.
Businesses finally got a bit more certainty on the direction of President Donald Trump’s trade war, but it’s not making it much easier to digest. A half-dozen leaders from financial firms, ...
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