Trump announces higher tariff rates for more countries
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U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
Canadian Prime Minister Mark Carney said his country would continue to work toward a new trade framework with the U.S.
Business leaders and experts say the uncertainty from President Trump's tariff policies are making it difficult to run operations.
Trump cited the large inflow of fentanyl as one reason for raising tariff rates on Canadian goods. However, according to Customs and Border Protection, of the nearly 22,000 pounds of the drug seized last year, just 43 pounds was seized at the northern border.
U.S. President Donald Trump said he plans to impose 50% tariffs on all products from Brazil starting August 1, which could have a sharp impact on South America's agricultural powerhouse.
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the Federal Reserve to maintain its wait-and-see posture on interest-rate cuts, sa
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.