President Donald Trump announced a 30% tariff on goods imported from the EU and Mexico, triggering global reactions. Leaders and economic experts express concerns over potential economic disruptions and trade conflicts.

U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.

Industry Minister Melanie Joly spoke in British Columbia to the Vancouver Board of Trade and had strong words in response to the latest tariff threats by the U.S.

Stocks have hit new highs despite President Trump’s escalating trade war. Some traders may be calling his bluff, but Jamie Dimon of JPMorgan Chase advises caution.

In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists.

President Donald Trump said at least seven countries can expect tariff letters on Wednesday morning, as he ramped up pressure on nations to strike deals with the United States by saying his new August 1 deadline would not be extended.

Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

In a major escalation of global trade tensions, the United States has proposed tariffs of up to 500% on critical imports linked to Russia, directly impacting the expanding trade routes between Russia and both India and China.

US stocks have rocketed back to all-time highs. The unemployment rate remains historically low. And the inflation rate is lower than when President Donald Trump took office.