tariffs

Brazil’s President, Luiz Inácio Lula da Silva, issued a warning Thursday about potential retaliatory tariffs if the U.S. proceeds with its planned 50% tax on Brazilian imports from Aug. 1. What Happened: Lula stated via his official X handle that Brazil would take the necessary measures to...

The Cato Institute and the New Civil Liberties Alliance (NCLA) have called on the Federal Circuit to strike down President Donald Trump‘s tariffs, arguing they rely on a statute that does not grant any authority to impose such tariffs. What Happened: According to briefs filed by the Cato...

In a recent interview, UBS Group AG CEO Sergio Ermotti expressed optimism about the U.S. market, despite ongoing tariff uncertainties. What Happened: Ermotti, during an interview with Fox Business on Mornings With Maria, pointed out the “fantastic opportunity”...

U.S. stock futures declined on Thursday after ending higher on Wednesday. Futures of major benchmark indices were trading lower. President Donald Trump imposed 50% tariffs on Brazil, escalating the trade tensions between the two nations. This was followed by a slew of letters posted on his Truth...

As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points. What Happened: The words “uncertain” and...

In just the first few days of July, we've seen more market-shaking headlines than we usually get over the span of a full quarter. Congress officially passed President Trump's ‘Big Beautiful Bill' last week. In response, Elon Musk launched a new third political party and Trump pushed the expiration...

A surprise 50% import tariff on copper announced by President Donald Trump on Tuesday sent the red metal into a frenzy, driving prices to a historic high of $5.90 per pound as investors rushed to price in potential supply constraints. U.S.-based copper stocks Freeport-McMoRan Inc. (NASDAQ:FCX) and...

U.S. stock futures advanced on Wednesday after ending on a mixed note on Tuesday. Futures of major benchmark indices were trading higher. President Donald Trump announced a 50% tariff on copper imports and confirmed the “reciprocal” tariffs, paused in April, will resume on Aug. 1,...

Used car prices are surging in the U.S., driven by the volatility around President Donald Trump's tariffs. What Happened: The Manheim Index, a metric used to track used car prices in the U.S., has surged 1.6% in June from May and 6.3% year-on-year, the single largest increase since August 2022,...

The latest twist in U.S. trade policy, marked by the Donald Trump administration sending 14 letters outlining tariff levels to its trading partners, has elicited three distinct, yet converging, reactions from key stakeholders, according to senior economist Mohamed El-Erian. What Happened: While...

U.S. stocks were little changed on Tuesday as investors stayed cautious following a series of letters from the White House to major trading partners, outlining sweeping new tariffs. The real market action unfolded in commodities, with copper surging 10% after President Donald Trump announced a 50...

As tariff fears ripple across markets with President Donald Trump sending tariff letters to 12 countries, small-cap resilience is stealing the spotlight. The Russell 2000 index is soaring toward creating new all-time highs. The iShares Russell 2000 ETF (NYSE:IWM), which tracks the Russell 2000...

U.S. stock futures were fluctuating on Tuesday after trimming gains from their records on Monday. Futures of major benchmark indices were trading mixed. President Donald Trump announced sweeping 25% tariffs on all imports from Japan and South Korea, and sent letters to a total of 14 countries, all...

U.S. Treasury Secretary Scott Bessent announced plans to meet with his Chinese counterpart in the coming weeks to advance trade discussions between the world’s two largest economies, amid escalating tariff threats from President Donald Trump. What Happened: “I’m going to be...

President Donald Trump notified Japan of 25% tariff rates on Monday, effectively extending negotiations until August 1 as Japan’s July 20 upper house election constrains deal-making. Trump’s 90-day pause on “reciprocal” tariffs expires Wednesday. Treasury Secretary Scott...