President Donald Trump is visiting Texas on Friday to assess catastrophic flooding that has killed at least 120 people.

President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners.

In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro.

President Trump said he will raise taxes on imported goods from Canada to 35 percent starting August 1, deepening a rift between the two trade allies.

After more than three months in detention, Mahmoud Khalil has filed an administrative complaint against the Trump administration seeking $20 million in damages.

U.S. President Donald Trump's plans to impose 50% tariffs on copper would include semi-finished products such as those used for power grids, the military and data centers, Bloomberg News reported on Thursday,

No date has been specified for President Ferdinand Marcos Jr.’s meeting with President Trump in Washington but Ambassador Jose Manuel Romualdez said that it would happen “very soon” this month.

Canada is one of the United States' top trading partners, with more than $410 billion of goods crossing into the country last year.

The Indian rupee is poised to open lower on Friday, pressured by dollar's broad strength after U.S. President Donald Trump said he planned to impose blanket tariffs of 15% or 20% on most trade partners.