The United States appears firm on its slated tariff increase on the EU following comments made by U.S. Commerce Secretary Howard Lutnick over the weekend.

Brazilian President Luiz Inacio Lula da Silva responded to Trump's letter by issuing a statement saying that any unilateral measure to increase tariffs would be met with a response in accordance with Brazilian law.

EU and US negotiators met over the weekend to secure trade deals that would help Europe avoid Trump's tariffs.The United States is warning its trading partners to negotiate new deals or face higher import taxes by August 1,

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

Trump floats 200% tariff on medicines, while threat of 50% levy on copper imports sent price of metal to record high

Households will pay an average of $2,400 more for goods this year, thanks to Trump’s policies. You might have forgotten about the trade war, but the trade war has not forgotten about you.

Since July 7, Trump has been sending out new tariff rates for countries across the globe, including major trading partners Canada, Japan, South Korea, and the European Union (E.U.). He said on July 8 that his Administration views the unilateral tariff rates as deals, though the letters shared thus far do not describe negotiated trade deals.

Trump Says New Tariffs to Start August 1 President Trump reignited his one-man global trade war this week, ... “In fact, it’s going to gain seats for us,” Johnson said.

The Dow Jones Industrial Average rallied 507 points, or 1.1%, and the Nasdaq composite climbed 0.6% to hit its own record. Stocks jump