trade

Trump’s 50% tariffs on steel and aluminum go into effect. Here’s what to know

By Wyatte Grantham-Philips, Associated Press

Economists warn that such heightened levies could significantly squeeze the wallets of both companies and shoppers alike. But President Donald Trump argues that his latest import taxes are necessary to protect U.S. industries.

WATCH: Trump rejects idea he’s ‘chickening out’ on tariffs

By Josh Boak, Associated Press

President Donald Trump wants the world to know he's no “chicken” just because he's repeatedly backed off high tariff threats.

U.S. delays threatened 50% tariff on the European Union until July, Trump says

By Seung Min Kim, Associated Press

The agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission, who had told Trump that she “wants to get down to serious negotiations,” according to the U.S. president’s retelling.

What Trump’s tariffs mean for the everyday products we rely on

By Paul Solman, Ryan Connelly Holmes

Nearly one out of every three physical products made in the world today comes from China, including many items we use in our daily lives. Economics correspondent Paul Solman invites us into his home for a look at what tariff…

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Walmart will raise prices due to tariff costs

By Anne D'Innocenzio

Executives at the $750 billion company told industry analysts Thursday that they're doing everything in their power to absorb the higher costs from tariffs ordered by Trump. Given the magnitude of the duties, however, the highest since the 1930s, higher…

India disputes Trump’s claim that U.S. trade incentives led to ceasefire with Pakistan

By Rajesh Roy, Associated Press

The spokesman for India’s foreign ministry said top leaders in New Delhi and Washington were in touch last week following the Indian military’s intense standoff with Pakistan, but that there was no conversation on trade.

U.S.-China tariff talks begin in Geneva as the world looks for signs of hope

By Paul Wiseman, Didi Tang, Jamey Keaten, Associated Press

The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy.

WATCH: Trump announces trade deal with UK, cutting tariffs on autos, steel and aluminum

By Josh Boak, Chris Megerian, Jill Lawless, Associated Press

The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree of validation for President Donald Trump's claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred…

China agrees to trade talks with the U.S. and rolls out more stimulus as tariffs hit economy

By Ken Moritsugu, Elaine Kurtenbach, Associated Press

President Donald Trump's tariffs, set as high as 145 percent on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the property sector.