President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

President says Canada’s tariff retaliation, lack of progress on curbing fentanyl smuggling is behind new import penalty

Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.

Trump threatens Canada with 35% tariffs starting August 1, causing market volatility and diplomatic tension during ongoing trade negotiations.

June 3, 2025: Trump signs order to double tariffs on steel and aluminum imports to 50%, with the increased levies going into effect just after midnight on June 4. June 4, 2025: Trump said that Chinese President Xi Jinping has been “extremely hard” to strike a deal with as trade talks between two nations falter.