Global Tariffs - LeadStory

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New tariffs starting Thursday will impact Canada

New tariffs will kick in at midnight that will impact countries around the world, including Canada. The tariffs are set to climb to 35 percent.

Fox News

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Trump imposes extra 25% tariff on India over Russian oil imports

U.S. President Donald Trump imposed an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations after trade talks reached a deadlock.

CBS News

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Tanger CEO: U.S. consumer is still strong

Stephen Yalof, Tanger CEO, says consumers are showing up at shopping centers despite tariff concerns, while some brands did raise their base price, consumers are still able to get the best prices from mark downs.

Bloomberg

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Last-minute negotiations taking place as Trump tariff deadline nears

U.S. trading partners are in last-minute negotiations ahead of President Trump's newly imposed tariff deadline. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

CBS America

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White House says Apple will remain largely unaffected by India tariffs

As President Donald Trump raises tariffs on India, the White House says Apple will remained largely unaffected. Apple uses India to produce iPhones. CNBC's Megan Cassella joins 'Money Movers' to discuss.

CNBC

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Carney suggests U.S. tariffs could drop to help Canadian industry

As Prime Minister Mark Carney announced support for the softwood lumber industry dealing with the impact of a U.S. trade war, he acknowledged the government could drop some retaliatory tariffs if it helps other industries.

CBC Canada

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Trump imposes 25% tariff on goods from India over Russian purchases

CNBC's Carl Quintanilla and David Faber break down the latest news on President Donald Trump imposing an additional 25% tariff on goods from India over Russian oil purchases.

CNBC

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Trump threatens EU with 35% tariffs if investment pledge unfulfilled

U.S. President Donald Trump spoke on CNBC about the current state of markets in the U.S. but was quizzed about a pledge on investment made in the EU-U.S. trade deal.

Euronews

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Trump says U.S. close to trade deal with China

President Donald Trump's threatened tariffs, which has left officials in New Delhi feeling unsure of how to respond. Meanwhile, US President Donald Trump has said he is "getting very close to a deal" with China to extend the trade truce ...

Bloomberg

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Carney suggests U.S. tariffs could drop to help Canadian industry

CBC News

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Should investors expect more chip tariffs?

CNBC's Kristina Partsinevelos joins 'Power Lunch' to discuss the latest news on the chips sector, what to expect in AMD earnings, and much more.

CNBC

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How Trump’s tariffs are impacting the auto industry

Jonathan Ward, founder and CEO of Icon, discusses how the auto industry is being affected by Trump’s tariffs. He says many of their suppliers are using products imported from Asia.

CNBC

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How Trump’s tariffs could affect Christmas products

Trump’s tariffs could impact Christmas products and more this holiday season. Mac Harman, Balsam Brands founder and CEO, discusses what to expect and why.

CNBC

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Hank Paulson: Trade war with China is not where we want to be

Aspen Economic Strategy Group co-chairs Hank Paulson and Timothy Geithner join 'Squawk Box' to discuss where trade talks stand with China. Paulson says the U.S.-China relationship is extremely important.

CNBC

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Trump says new semiconductor tariff plan coming as soon as next week

President Donald Trump joins Squawk Box by phone to discuss the latest market-moving news, the country's economic goals, and more. He says a new semiconductor tariff plan may be coming as soon as next week.

CNBC

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Trump threatens 250% tariff on pharmaceuticals down the line

President Trump has threatened a 250% tariff on pharmaceuticals in a couple of years, pressuring companies to produce the medications in the U.S. CBS News' Aaron Navarro has more details.

CBS America

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Trump again threatens India with harsh tariffs over Russian oil

U.S. President Donald Trump again threatened to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack "unjustified."

Reuters

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Trump envoy visiting Moscow before deadline for ending Ukraine war

Donald Trump’s special envoy is expected in Moscow days before the U.S. president’s deadline on Friday for Russia to make progress on ending the war in Ukraine or face increased U.S. sanctions.

France 24

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Indonesian factory aiming beyond the U.S. despite a tariff deal

Amid the clatter of sewing machines, 62-year-old Deddy Mulyadi faces a critical moment. The garment factory he's managed for 27 years must try to weather the storm caused by Trump's 19% export tariffs deal between the U.S. and Indonesia.

Reuters

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30,000 South African jobs at risk from U.S. tariffs

US President Donald Trump hit the country with a 30% levy, one of the highest he has imposed on any nation.

Africanews

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Canadian delegation heads to Mexico to build trade opportunities

With trade negotiations with the U.S. seemingly at a standstill, a delegation of Canadian ministers has headed to Mexico to establish a more direct trade relationship.

CBC News

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Trump says he will 'substantially' raise tariffs on India

CNBC's Eamon Javers joins 'Money Movers' to discuss President Trump announcing a plan to raise tariffs on India.

CNBC

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White House holds firm on tariff rates ahead on Aug. 7 deadline

U.S. trade representative Jamieson Greer told "Face the Nation" that tariff rates are "pretty much set" ahead of President Trump's Aug. 7 deadline. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

CBS News

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How are world economies reacting to Trump tariffs?

U.S. President Donald Trump once again postponed the implementation of his long-threatened taxes last week and instead announced that dozens of economies will face new rates on August 7.

France 24

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Swiss shares slump amid tariff shock

Switzerland's benchmark SMI index sinks as traders react to the U.S. announcing a 39% tariff on the country - one of the highest rates in the world. CNBC's Carolin Roth reports from Zurich.

CNBC

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Canadian officials confident U.S. trade deal will be reached

Prime Minister Mark Carney and Dominic LeBlanc, the minister responsible for Canada-U.S. trade, expressed confidence a new trade deal will be reached with the United States, even after 35 per cent tariffs were imposed late last week.

CBC News

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Trump’s new tariffs rattle stock markets, trade partners

Benchmarks fell in Asia, with South Korea’s Kospi dropping nearly 4% after the tariff rate for the U.S. ally was set at 15%. The U.S. dollar weakened against the Japanese yen, trading at more than 150 yen per dollar

Africanews

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Trump announces new tariff rates, fires employment commissioner

President Trump explained why he fired Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday. Government data showed fewer jobs were added to the U.S. economy last month than expected.

CBS America

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Canadian businesses sidestep U.S tariffs

While as much as 95 per cent of Canadian goods could escape new higher tariffs from the U.S., some businesses say added preparation and legwork for exports still present complications.

CBC News

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World economies react to Trump's tariffs punch

Trump signed an order imposing steep tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands, to go into effect Aug. 7, after he originally threatened them for April but postponed twice after that until Aug. 1.

France 24