Tariffs that have already gone into effect include 25% duties on some goods from Mexico and Canada, 25% duties on all steel and aluminum imports and 20% duties on goods from China. Only some goods fro
Bank of Japan Governor Kazuo Ueda said US tariffs could have a significant impact on trade activity in affected nations, although for now the overall picture of the policies remains unclear ahead of an official announcement later in the global day.
As Trump's tariffs push Chinese businesses to seek new markets, one expert says the trade war is likely to get worse before it gets better.
Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day.
Trump said a 25% tariff on imported passenger vehicles, light trucks and some auto parts is set to go into effect on Wednesday, April 2 and will begin to be collected on Thursday, April 3.
President Trump’s policies are straining trade ties and challenging a long-held truth in China about the centrality of the U.S. market.
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Gold prices extended their gains on Wednesday, following a record high in the previous session, as investors sought the comfort of the safe-haven metal in anticipation of the potential impact of U.S.
President Donald Trump is set to announce new tariffs at 4 p.m. on Wednesday from the Rose Garden. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,
Thailand could suffer a $7 billion to $8 billion hit from potential U.S. tariffs if the U.S. administration were to even up levies between the two countries, but it has a strategy for trade negotiations,