Trump's trade war yields discord, few deals, and deadline extensions

Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum

President Donald Trump yesterday said major US trading partners Mexico and the European Union would face a 30 percent tariff starting next month, ramping up pressure for deals in his trade wars.

Tacos can be tasty and satisfying, but tend to come apart if eaten too eagerly. Something similar may be happening in global stock markets, where hopes that Donald Trump will always chicken out from imposing high tariffs – the so-called TACO – have propelled stocks to record highs. It’s an unstable equilibrium.

Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday.

Bangladesh RMG exports to US soar on diversified sourcing

In a year, imports declined by 631,330 tonnes and exports by 75,232 tonnes

Trade tensions mount as Trump targets Canada, Europe; Bitcoin hits record

US customs duty collections surged again in June as President Donald Trump's tariffs gained steam

US President Donald Trump has ramped up his tariff assault on Canada, saying the US would impose a 35 percent tariff on imports next month and planned to impose blanket tariffs of 15 percent or 20 percent on most other trading partners.

Suppliers to Walmart WMT.N 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 US President Donald Trump’s threat of a 35 percent tariff on the textile hub disrupts business.

Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy.

Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion

Here’s a look at the countries that have got tariff letters so far — and where things stand now

Fast fashion got a lot pricier for Americans this spring – and it’ll likely get even more expensive in 2027.

China has for years been the biggest exporter of clothes to the US

The announcement came hours after he also informed Brazil that its "reciprocal" tariff on August 1 would rise to 50% from 10%, a shockingly high level for a country with a balanced US trade relationship.

Indonesia’s state oil company and agricultural firms have signed deals to increase their purchases of US goods, the country’s chief economic minister told AFP on Wednesday, as Jakarta lays the groundwork to avoid the worst of President Donald Trump’s tariffs.

US President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a separate 50 percent duty on copper imports.

Hanoi eyes FTA markets, product upgrades to offset us tariff reliance