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.
President Trump's ambitious trade deal strategy is hitting serious obstacles as tariffs and legal challenges create uncertainty. With just over a month left in his tariff pause, tensions with trading partners rise.
In a fierce response to US tariff pressures, China warns trading partners against isolation tactics. With escalating tariffs and geopolitical tensions, can China rally support amidst the chaos?
California Governor Gavin Newsom and Attorney General Rob Bonta are suing the Trump administration over the legality of sweeping tariffs imposed on U.S. trading partners, claiming they violate presidential authority and threaten the state's economy.
President Trump's new 10% tariff on U.S. trading partners has triggered a massive stock sell-off as investors fear a global economic shake-up. With steep penalties on China and others, the proposal could dramatically alter trade dynamics.
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In a bold move, President Trump has enacted metal tariffs, igniting tensions with trading partners like Canada and the EU. This decision could raise costs for US industries and consumers alike. Will it backfire?
Stock futures saw a slight increase as uncertainty looms over Trump's tariff plans affecting Mexico and Canada. Meanwhile, Bitcoin rallied after the announcement of a U.S. crypto reserve. What does this mean for the market?
