Trump, Mexico and European Union
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The sector-specific tariffs are putting pressure on businesses and foreign nations as they try to navigate Trump's constantly evolving trade agenda.
Tariff policies are changing so rapidly that it can be hard to keep up. Here are all of President Donald Trump's proposed, scheduled and implemented tariffs.
President Trump revealed Thursday that imported goods from Canada will be subject to a 35% tariff starting next month, and that blanket levies may exceed 10%. Trump, 79, notified Canadian Prime Minister Mark Carney of the incoming tariffs in a letter – one of dozens the president has fired off to foreign leaders this week ahead of an Aug.
President Trump’s ever-swerving tariff regime has taken more sharp turns in recent days.On July 7, his administration pushed back some of its most punishing duties by three more weeks to August, following a 90-day delay.
Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and aluminum as well as 25% tariffs on non-USMCA compliant autos and auto parts.
US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new coppe
President Donald Trump has launched a wave of Section 232 tariffs and investigations, seeking to protect U.S. national security. These nine graphics show the scale and structure of U.S. reliance on
Trump's moves have raised fears that economic growth would slow to a trickle, if not make the U.S. and other nations more vulnerable to a recession.
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Khaleej Times on MSNTimeline: How Trump's trade war is upending the global economyMay 9 - Trump and British Prime Minister Keir Starmer announce a limited bilateral trade agreement that leaves in place 10% tariffs on British exports, modestly expands agricultural access for both countries and lowers prohibitive U.S. duties on British car exports.
President Trump has set an August 1 deadline for several countries to reach trade agreements with the U.S. before they're hit with increased tariffs. CBS News MoneyWatch correspondent Kelly O'Grady reports.