tariff News

Trump's Shock 50% Tariff on Copper Imports Sends Futures Crashing 18%

Copper futures plummeted 18% after President Trump announced a 50% tariff on certain copper imports, citing national security, sparking immediate market turmoil.

Trump Announces Potential 20% to 25% Tariff on India Amid Unfinalized Trade Deal

US President Donald Trump announced a potential 20% to 25% tariff on India, citing high tariffs imposed by India. The announcement, made without a finalized trade deal, highlights ...

Historic Trade Agreement: Trump Secures 'Massive' Deal with Japan, Sets Tariff at 15% and $550 Billion Investment

President Trump announces a historic trade deal with Japan, including a 15% tariff and a $550 billion investment in the U.S., alongside potential future summits and agreements with...

Asian Markets React as Japan's Nikkei 225 Soars Over 3% Following Historic US Trade Deal

Asia-Pacific markets responded mixedly to the US-Japan trade deal, with Japan's Nikkei 225 leading gains by surging over 3%. The agreement sets a 15% tariff on Japanese exports to ...

Trump Imposes 50% Tariff on Brazil in Defense of Bolsonaro Amid Coup Allegations

US President Donald Trump defends Jair Bolsonaro, calling the inquiry into an attempted coup a "witch hunt," and imposes a 50% tariff on Brazil, citing the treatment of Bolsonaro. ...

Trump Announces 19% Tariff on Indonesian Goods in Bold Trade Move

US President Donald Trump has announced a 19% tariff on Indonesian goods, while US exports to Indonesia will remain tariff-free. This move, detailed in a White House press briefing...

Trump Escalates Trade War: Announces 35% Tariff on Canada Effective August 1

Former President Donald Trump threatens to impose a 35% tariff on Canadian goods starting August 1, escalating his trade war tactics. Canada vows to protect its workers and busines...

Bolsonaro Seeks Trump's Intervention to Overturn Controversial 50% Tariff on Brazilian Exports

Former Brazilian President Jair Bolsonaro is considering appealing directly to the White House to reverse a 50% tariff on Brazilian exports imposed by US President Donald Trump. Th...

Navarro Slams Apple: 'Too Big to Tariff' Mentality Hinders US Manufacturing Shift

Peter Navarro, Trump's trade advisor, criticizes Apple for not moving production out of China fast enough, accusing it of a 'too big to tariff' mindset. Apple's shares briefly fell...

Japan Expresses Deep Regret Over US Decision to Impose 25% Tariff on Imports

Japan's Prime Minister Shigeru Ishiba expresses regret over the US's 25% tariff on Japanese imports, set for August 1. Japan views this as an opportunity for dialogue, aiming for a...

Trump Imposes 10% Tariff on BRICS-Aligned Nations, Vows No Exceptions

President Donald Trump announces a 10% tariff on BRICS-aligned countries, calling their policies anti-American. The policy has no exceptions, with notifications to affected countri...

Wall Street Suffers Sharp Decline Amid New Tariff Announcements on Chinese Exports

U.S. stock markets experienced a sharp decline after the White House announced a 104% tariff on Chinese exports, causing concern among investors. Major indexes like the Dow Jones a...

Hyundai Stands Firm: Freezes US Vehicle Prices Amid Rising Tariff Concerns

Hyundai Motor America freezes MSRP until June 2025 to protect customers from tariff impacts, joining other automakers in responding to US tariff policies.

Trump's Tariff Comments Trigger 300-Point Dow Drop in Premarket Trading

U.S. equities fell sharply in premarket trading after President Trump criticized Canada's tariff policies and dismissed recession fears, causing the Dow to drop over 300 points.

Trump Announces New 10% Tariff on China Starting March, Amid Ongoing Trade Tensions

President Trump announces a new 10% tariff on Chinese imports starting March, amid ongoing trade tensions and efforts to combat the fentanyl crisis. The move has sparked internatio...

Trump Announces New 10% Tariff on China, Effective March 4 Amid Opioid Crisis

President Donald Trump has announced a new 10% tariff on China, effective March 4, as part of efforts to combat the opioid crisis. This move, alongside existing tariffs on Mexico a...

US Steel Shares Skyrocket 11% Following Trump's Tariff Announcement

US Steel shares surged 11% in premarket trading after President Trump announced a 25% tariff on steel and aluminum imports, signaling a strong move to protect domestic industries. ...

Gold Soars to Unprecedented Heights: A 1.12% Leap to $2,892 Amid Global Tariff Announcements

Gold prices reached a new all-time high following President Trump's announcement of a 25% global tariff on aluminum and steel imports, prompting investors to turn to safe-haven ass...

US Steel Stocks Soar 11% in Premarket Amid Trump's Tariff Announcement

US Steel shares surged 11% in premarket trading following President Trump's announcement of a 25% tariff on steel and aluminum imports. The tariffs apply to all countries, with Nip...

US Steel Stocks Skyrocket 11% in Premarket After Trump's Tariff Announcement

US Steel shares surged 11% in premarket trading after President Trump announced a 25% tariff on steel and aluminum imports. The tariff applies to all countries, with no effective d...

Trump Imposes 25% Tariff on Mexico to Combat Drug Trafficking Alliance

The White House has imposed a 25% tariff on Mexican imports to combat drug trafficking, citing Mexican cartels as major contributors to the U.S. drug crisis. This measure aims to f...

Trump Imposes 25% Tariff on Mexico to Combat Drug Trafficking and Enhance US Security

President Trump has imposed a 25% tariff on Mexican imports to force cooperation in the fight against drug trafficking, targeting cartels accused of endangering US national securit...

China Stands Firm: Vows to Protect National Interests Amid Trump's Tariff Threat

China reaffirms its commitment to protect national interests following President Trump's announcement of a 10% tariff on Chinese imports, citing concerns over fentanyl trafficking....

Trump's Tariff Plan: A Blow to Korean Automakers in Mexico and Canada

U.S. President-elect Donald Trump's announcement of a 25% tariff on imports from Mexico and Canada has sent shockwaves through South Korean companies operating in Mexico. The South...