Trump signals 50% tariff on Brazil
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Independent Can Company has raised prices twice this year already after Trump imposed 25% duties on steel in March, and then doubled them in June.
The hope, and the expectation, is that when U.S. officials meet their Chinese counterparts in Stockholm to talk economics and trade next week, they will build on a recent lessening of tensions as the U.S. tries to set up a fall meeting between the countries’ leaders and lay the groundwork for another loosely defined trade pact.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
The European Union could hit the United States with counter-tariffs on 93 billion euros ($109 billion) worth of U.S. goods if the two sides fail to reach a trade deal by Washington's August 1 deadline for imposing import levies.
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Neither consumers nor foreign countries are assuming much of the tariff burden. At least not yet.
From executive orders, bills passed to ongoing public arguments and more: here's how President Trump's second term has impacted Illinois so far.
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.
President Trump last week touted a $550 billion investment in the US that Japan made as part of trade negotiations "to lower their tariffs a little bit," as he described it. On Saturday, Japanese trade negotiator Ryosei Akazawa suggested the money could be used to help finance a Taiwanese chipmaker building plants in the US,