Global Tariffs - LeadStory

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BRICS summit rejects U.S. tariff threats, tackles trade and Gaza

Leaders of BRICS have warned of the dangers of tariffs - saying they don't want a confrontation with US President Donald Trump. The group of emerging nations made the comments at their summit in Brazil. They also discussed Gaza and tensi...

Al Jazeera

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Cambodia, Thailand among new countries to receive U.S. tariff letters

CNBC's Megan Cassella joins 'Closing Bell Overtime' to talk the latest out of the White House.

CNBC

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Markets react to Trump administration's newest tariff threats

The White House sent letters to warn countries about reaching trade deals before President Trump's 90-day tariff pause expires. CBS News MoneyWatch correspondent Kelly O'Grady has the latest on how markets are reacting to the newest tari...

CBS News

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Trump announces 25% tariffs on Japan, South Korea starting Aug. 1st

CNBC's Megan Cassella joins 'The Exchange' to discuss U.S. President Donald Trump announcing 25% tariffs on Japan and South Korea starting on August 1st.

CNBC

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Trump: U.S. trade deals near, but BRICs nations may get extra tariff

The United States is close to finalizing several trade pacts in the coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, though he later also flagged a new policy, saying BR...

Reuters

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White House warns higher tariffs could roll out August 1

U.S. President Donald Trump's 90-day pause on global tariffs announced in April is nearing its expiration, and the White House warned that steeper tariffs could roll out at the beginning of August.

CBS News

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U.S.-Japan trade talks hit a wall, Tokyo not backing down

CNBC's Lin Lin takes a look at the elusive U.S.-Japan trade deal, as Tokyo appears to stick to its stance of not backing down ahead of the Upper House elections on July 20

CNBC

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India won't lower smaller car tariffs in a U.S. trade deal: Expert

India will not lower duties on smaller cars in a trade deal with U.S., says Abhijit Das, the author of Strategies in GATT and WTO. However, he explains why it's more likely than not that the two sides will agree on a deal.

CNBC

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China retaliates on EU medical devices

CNBC's Chery Kang and Elaine Yu discuss what China's move to impose reciprocal tariffs on the import of medical devices from the European Union could mean for an upcoming EU-China summit later this month.

CNBC

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BRICS group slams tariffs, Iran conflict at summit in Brazil

BRICS leaders set to discuss key global political issues, but questions over the bloc’s cohesion arose as Chinese President Xi Jinping and Russian President Vladimir Putin opted to skip the summit.

Euronews

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Trump to send tariff notices to countries without trade deals

The Trump administration is expected to send dozens of letters this week to countries that have not made a trade deal with the U.S. Willie James Inman reports.

CBS News

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Trump turns attention to trade after major legislative win

The deadline is fast approaching for countries to make new tariff agreements with the U.S. or face a higher rate. The Trump administration is putting them on notice.

CBS News

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French cognac brands sales to China fell 70%

In a rare positive development amid escalating trade tensions between Brussels and Beijing, China excluded major cognac producers — Pernod Ricard, LVMH, and Rémy Cointreau — from steep tariffs on EU brandy.

France 24

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Trump signs "big, beautiful bill" as tariff deadline looms

President Trump brought pomp and circumstance to his signing of the "big, beautiful bill" on Friday, with an Independence Day ceremony at the White House that included a B-2 bomber flyover.

CBS News

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Missouri fireworks retailer worried about tariff impact

President Trump lit the fuse on sweeping tariffs on April 2, which he called "Liberation Day." Ian Lee explains how import taxes on fireworks could affect America's 250th birthday celebration, next year.

CBS America

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Trump: Letters telling countries their tariff rate going out Friday

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals.

Reuters

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Fireworks supplier says tariffs forced company to eat millions

With the Fourth of July comes sky-high demand for fireworks, but this year, soaring tariffs could dull the show. Elise Preston reports.

CBS America

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Insurance costs for Strait of Hormuz 'all over the place'

Tom Lister, the CEO of Global Ship Lease, discusses the impact of Trump's tariffs and the ongoing crises in the Middle East on global shipping.

CNBC

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Automakers push Ottawa to drop EV mandates

Prime Minister Mark Carney met with some of Canada’s major automakers to push the government to repeal a mandate requiring all new vehicles to be emissions free by 2035.

CBC Canada

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Trump admin, EU holding talks in D.C. as tariff deadline nears

The Trump administration is holding chats with representatives of the European Union to discuss trade as the tariffs deadline looms. CBS News' Ramy Inocencio reports.

CBS News

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UAE, Saudi Arabia big gainers from a weaker USD: Strategist

Vijay Valecha, Chief Investment Officer for Middle East markets at Century Financial says the UAE and Saudi Arabia would benefit the most among Gulf countries from a weakening U.S. dollar.

CNBC

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Trump says he will put 20% tariff on Vietnam, cooling tensions

The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.

Reuters

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Japan's auto industry faces uncertainty amid U.S. tariff threats

US President Donald Trump is threatening to impose tariffs as high as 35 percent on Japan, if a trade deal between the two countries isn't reached. That's generating uncertainty in the Japanese auto industry.

Al Jazeera

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President Trump announces trade deal with Vietnam

CNBC's Eamon Javers joins 'Squawk on the Street' with the latest news from the White House.

CNBC

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PNC: Tariffs unlikely to cause as much consumer disruption as feared

Yung-Yu Ma, PNC Asset Management chief investment strategist, joins 'Money Movers' to discuss his market outlook and Trump's recent announcement of a trade deal with Vietnam.

CNBC

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How could the U.S.-China trade rearrangement affect Europe?

Amid the pressures posed by unpredictable US-China trade relations, many US firms are considering alternative supply sources to avoid rising prices. Could Europe be the answer?

Euronews

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Trade tensions overshadow Canada Day celebrations in Washington

Trade tensions between Canada and the U.S. cast a shadow over traditional Canada Day events in Washington, but many expressed hope the relationship between the two countries isn’t beyond repair.

CBC News

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U.S. auto sales lose steam amid price pressure

U.S. auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald Trump's auto tariffs drove up prices.

Bloomberg

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Trump sees India trade deal, skeptical on progress with Japan

The United States could reach a trade deal with India that would help American companies compete in the South Asian country and leave it facing far lower tariffs, President Donald Trump said, while casting doubt on a possible deal with J...

Reuters

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U.S. sanctions on Sudan over alleged chemical weapons use take effect

U.S. sanctions on Sudan's government, imposed over what Washington says was the use by Khartoum's military of chemical weapons in the country's bloody civil war last year, have taken effect.

France 24