tariffs

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...

Correction: The current prime minister of Japan is Shigeru Ishiba, not Fumio Kishida. The U.S. dollar is notching its strongest one-day gain against the Japanese yen in nearly two months as traders react to President Donald Trump's sweeping new tariffs targeting multiple U.S. trading partners....

Intel Corp (NASDAQ:INTC) shares are trading lower Monday afternoon as markets react to new global trade restrictions announced by the White House. President Donald Trump imposed sweeping 25% tariffs on all goods imported from Japan and South Korea, set to begin Aug. 1. What To Know: The broad-based...

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1. The new tariffs apply to all goods from the two Asian economies and are in addition to any existing sector-specific duties. The...

The United States is bracing for a potential acceleration in inflation, with a significant depreciation of the dollar now identified as a key contributing factor, according to a new analysis by Torsten Sløk, the chief economist at Apollo. What Happened: As per Sløk’s analysis, a 10%...

Treasury Secretary Scott Bessent has cautioned that countries failing to negotiate a deal with the U.S. will face a return to higher tariff rates from August 1. What Happened: During an interview with CNN on Sunday, Bessent echoed President Donald Trump‘s comments from Friday,...

Aluminerie Alouette, Canada's largest aluminum smelter and a key supplier to the U.S. market, announced a CA$1.5 billion ($1.1 billion) investment in its northern Québec facilities. The firm, owned by a Rio Tinto (NYSE:RIO)-led consortium, is making this commitment despite growing pressure from U.S...

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...