Stocks in Europe and Asia followed Wall Street’s gains after Trump announced a pause on higher global tariffs, but investors are still waiting on Beijing’s next move.
Tariffs
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European Union approves new retaliatory tariffs on the U.S.
All but one of the 27 EU member countries voted to impose tariffs on specific U.S. products. The vote came before President Trump announced a 90-day pause on U.S. tariffs on goods from most countries.
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Trump says he will pause tariffs for 90 days, but not for China
The president announced he would be hiking tariffs on China to 125% “effective immediately,” but said he was pausing them on other U.S. trading partners to allow time for trade negotiations.
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Mixed messages on tariffs raises scrutiny on Trump aides
President Trump is boasting about the wheeling and dealing he’s doing to cut deals on steep new tariffs. But for weeks, his aides have insisted that tariffs were not a bargaining chip.
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World markets regain some ground after Trump tariffs shock investors
After major slides in equity trading across the world, any slight uptick in stock prices will only repair part of the destruction of trillions of dollars in investor wealth over the past few days.
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American Giant CEO says China tariffs are ‘overdue’ but warns of industry confusion
American Giant sources and makes most of its products in the U.S. Its CEO says tariffs on China were overdue, but he worries the wide range will cause confusion about the global textile supply chain.
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China vows retaliation after Trump’s latest tariff threat
Trump said on Truth Social he would impose the new tariffs on China if Beijing did not retract a 34% retaliatory tariff on U.S. goods that it announced in response to Trump’s initial salvo last Wednesday.
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Netanyahu is set to meet Trump to talk tariffs and hostages in Gaza
Israeli Prime Minister Benjamin Netanyahu will meet with President Trump expecting to discuss tariffs, hostages and war in Gaza and other issues.
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UAW President Shawn Fain explains why he supports Trump’s tariffs
Shawn Fein supports auto industry tariffs but calls broad tariffs “reckless.”
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Higher prices are likely for these 10 grocery items when tariffs hit
A trip to the grocery or liquor store is about to become even more expensive, economists say. From seafood to olive oil, these items will likely cost more under President Trump’s tariffs.
