Suppliers to Walmart have delayed or put on hold some orders from garment manufacturers in Bangladesh, according to three factory owners and correspondence from a supplier seen by Reuters, as U.S. President Donald Trump's threat of a 35% tariff on the textile hub disrupts business.

Following his sweeping tariff announcements, U.S. stock futures dropped on Friday after the S&P 500 posted a new record high the day before. The Dow Jones Industrial Average lost over 300 points, or 0.7%, while the S&P 500 dropped 0.6%.

Trump dropped a new tariff threat on Canada, promising an additional 35% import tax on all goods from the largest U.S. trade customer — starting Aug. 1.

Donald Trump says he plans to increase blanket tariffs to 15 or 20 per cent on goods imported by the United States' trading partners. But it appears 'tariff fatigue' is setting in as the Australian dollar and share market largely ignore the US President's latest remarks.

US President Donald Trump, on Wednesday sent letters to six more countries that dictate steep new tariff rates as of August 1.Trump posted the two-page letters – addressed to the leaders of the Philippines,

The US has imposed new tariffs on imports from seven countries, including the Philippines and Algeria, as part of Trump's drive to reduce the trade deficit and promote fair trade.

President Donald Trump is heading to Texas with first lady Melania Trump to survey flood damage to tour areas devastated by flash flooding. Late Thursday, Trump announced that a 35% tariff rate would go into effect on Canada starting Aug.