President Trump has doubled tariffs on imported steel and aluminum to 50%, igniting debates over rising costs for consumers and businesses. Meanwhile, aid operations in Gaza have been paused amid escalating violence.
President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
In a surprising announcement, Jaguar Land Rover has confirmed it has no intentions of building cars in the US, citing President Trump's tariffs as a significant factor. This comes after a pause in shipments and growing concerns across the motor industry about the unpredictable trade landscape.
Germany's economy faces stagnation for the third consecutive year as government forecasts for 2025 growth are drastically cut due to President Trump's tariffs. Learn how U.S. trade policies are affecting Europe's largest economy.
President Trump is set to announce new tariffs on automobiles and pharmaceuticals soon, adding to his ongoing trade war strategy that includes steel and aluminum duties. This move signals a broader effort to reshape U.S. trade policies as April 2 approaches.
The S&P 500 has officially entered correction territory, falling more than 10% from its peak as Donald Trump’s escalating trade wars send shockwaves through the market. With tariffs on steel and aluminum now in effect, and threats of new tariffs on European goods, investors are on edge. The Nasdaq Composite is also feeling the pressure as Wall Street grapples with uncertainty and volatility.
In a strong response to the U.S. tariffs on steel and aluminum, the EU has announced retaliatory measures affecting $28 billion worth of U.S. imports, straining transatlantic relations and raising economic concerns.
In a bold response to Trump's steel and aluminum tariffs, the EU and Canada announced retaliatory measures targeting billions in U.S. exports, including bourbon and motorcycles. Can this trade war be avoided?
In a bold move against U.S. tariffs, Canada is set to announce C$29.8 billion in retaliatory measures. As Prime Minister Trudeau prepares to transition power to Mark Carney, tensions rise in the ongoing trade conflict.
