Trump, Brazil and Tariffs
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The Trump administration has again delayed the date when new reciprocal tariffs will go into effect, and the president threatened a 35 percent tariff on Canada.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
"Deeply regrettable" is how Japanese Prime Minister Shigeru Ishiba has described US President Donald Trump's latest tariff threat - a 25% levy on Japanese goods. Tokyo, a long-time US ally, has been trying hard to avoid exactly this.
U.S. Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to Asia since taking office, seeking to reassure them the region is a U.S. priority despite President Donald Trump's tariff offensive.
Donald Trump's top trade negotiators have added more time to the clock after the White House failed to reach its 90 deals in 90 days target.
President Donald Trump's threats to impose high tariffs on countries make U.S. trading partners and investors nervous. But his sector tariffs could hurt consumers and businesses more in the long run.
2don MSN
In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists.
Over the past three months, nations across the world tried to avoid new tariffs that would punish their economies by giving President Donald Trump something he might want. Indonesia offered to buy $34 billion more