Trump, European Union and tariffs
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President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.
The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
Markets may be mispricing tariff risks. Find out why record customs revenue, low volatility, and past patterns make a retreat less likely this time.
President Trump has flagged that US tariffs on pharmaceutical imports are likely to kick in on Aug. 1, with duties on semiconductors also in line for implementation then too. “Probably at the end of the month,
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S.
The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.
President Donald Trump on Friday again came to the defense of Brazil's former president Jair Bolsonaro, who is charged with trying to overturn his 2022 election loss. Trump was asked if he was going to talk with Brazil's leader after hitting the nation with import taxes of 50%.
The Trump administration is issuing sanctions against Francesca Albanese, an investigator tasked with probing human rights abuses in the Palestinian territories.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Thursday announced a 35% tariff on Canadian goods.
President Trump announced Thursday plans for a 35% tariff on goods imported from Canada that would take effect on Aug. 1.Why it matters: The latest twist in the off-on trade war with Canada comes after the key trading partner rescinded its digital services tax to advance broader trade negotiations with the U.
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