Tariffs

Brazil plans levies on US tech firms after Trump steel tariffs, report says

SAO PAULO/BRASILIA (Reuters) -Brazil's government is planning to impose taxes on U.S. tech companies if President Donald Trump goes ahead with his plans to introduce a 25% tariff on all steel imports into the United States, newspaper Folha de S.Paulo reported on Monday. The South American country is one of the largest sources of U.S. steel imports as well as a top market for many big tech companies. Brazil's Finance Minister Fernando Haddad said the government would only comment on the matter after Trump's measures are made official.

Looming tariffs turned into a mad dash north for one US manufacturer

Stephen Bullock’s phone rang early Monday morning last week at his small factory in North Carolina with an urgent message from his distributor up in Toronto who was rattled by what looked like an unfolding U.S.-Canada trade war. Two of the machines Bullock’s company produces - bulky contraptions used to lay concrete curbs, highway barriers, and sidewalks - were due to be shipped to Canada in a few weeks. "They said get them here as quick as you can," said Bullock, President of Power Curbers, who scrambled to pull two finished machines destined for other buyers the next day.

Morning Bid: Tariff pains? Dr Copper will see you now

Another week brings another round of tariff surprises from U.S. President Donald Trump. The London gold market has seen traders scramble to move ingots to New York, which has pushed up short-term borrowing rates, out of fear that Trump could train his sights on precious metals as targets for tariffs - however distant a possibility that is.

A timeline of US-China tit-for-tat tariffs since Trump's first term

China’s tit-for-tat duties on U.S. imports took effect Monday, just hours after U.S. President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports to the U.S. The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China engaged in a trade war that spanned most of Trump’s first four years in office and was continued to a certain extent under his successor, Joe Biden. Less than a month after returning to the White House on Jan. 20, Trump slapped 10% duties on all Chinese imports, a move that’s expected to raise prices on goods including laptops, toys and fast fashion.

Wall St advances as Trump's tariffs lift U.S. steelmakers

Wall Street's main indexes moved higher on Monday, recovering from last week's declines, as U.S. steelmakers surged after President Donald Trump said he would impose additional tariffs on steel and aluminum imports. Trump's latest trade escalation came on Sunday when he said he would introduce 25% tariffs on all imports of steel and aluminum into the United States, on top of existing duties on the metals. U.S. Steel gained 3.3% after Japan's Chief Cabinet Secretary said Nippon Steel was considering proposing a bold change in its plan to buy the company.

Gold Passes $2,900 to Record as Trump Tariffs Spur Haven Buying

(Bloomberg) -- Gold rose to a record after US President Donald Trump said he would announce tariffs on steel and aluminum imports Monday, adding to increasing uncertainty in global financial markets. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the Ci

Trump's tariffs spur economic uncertainty, impact on inflation less clear, ECB's de Guindos says

Trade tariffs announced by U.S. President Donald Trump could trigger economic uncertainty but the impact on inflation is less clear, European Central Bank Vice President Luis de Guindos said on Monday. Trump's plan for 25% tariffs on all steel and aluminium imports into the United States, on top of existing metals duties, represents another major trade escalation. "Today we woke up to the issue of steel and aluminium," de Guindos told Spanish broadcaster TVE.

Tariff Risk Hangs Over East Europe’s Trump-Induced Rally

(Bloomberg) -- Lauded as “tough” and “smart” by President Donald Trump, Hungary’s Viktor Orban is among the eastern European leaders hoping that allegiance to the US will translate into deals and economic gains. Instead, they may find their financial markets cannot escape the wider fallout of a US-Europe trade war. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Arch

Taiwan’s Exports to Mexico Jump by Almost 500% Before US Tariffs

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSTaiwan’s exports to Mexico surged by a record as tech companies moved production out of China, bu

Morning Bid: All tariffs, all the time

The week started with a now all-too common bang as President Trump used a media scrum on Air Force One to announce 25% tariffs on steel and aluminium imports into the U.S., with a promise of yet more reciprocal tariffs on Tuesday or Wednesday. At the same time, China's new retaliatory tariffs on the U.S. came into effect and German Chancellor Scholz said the EU was ready to respond to levies "within an hour". Wall Street futures also started lower but didn't stay down for long: They are now up around 0.3%.

London aluminium flat as investors weigh Trump tariff threat

(Reuters) -London aluminium prices were flat on Monday as market players weighed risks of a major trade war after U.S. President Donald Trump said he was set to impose new 25% tariffs on all steel and aluminium imports. Three-month aluminium on the London Metal Exchange (LME) was little changed at $2,628.5 a metric ton, as of 0600 GMT, after two straight sessions of gains. The aluminium contract on the Shanghai Futures Exchange (SHFE) was 0.2% higher at 20,525 yuan ($2,809.14) a ton, after hitting its highest level since early December 2024 on Friday.

Stock market today: Wall Street takes Trump's latest tariff threats in stride, and indexes drift

Wall Street is taking President Donald Trump’s latest threat on tariffs in stride, on the whole, and U.S. stocks are drifting higher on Monday. The S&P 500 was up 0.4% in early trading, coming off a losing weekbookended by worries about how potential tariffs could push up inflation and threaten the economy. The bond market was also holding relatively firm, with Treasury yields ticking only a bit lower after Trump said over the weekend that he will impose 25% tariffs on all steel and aluminum imports, as well as other import duties later in the week.

Taiwan looks to buy Alaskan natural gas as it seeks to head off US tariffs

TAIPEI (Reuters) -Taiwan is interested in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Monday, as the government looks to narrow the trade surplus with the United States and head off tariffs. U.S. President Donald Trump said on Friday he plans to announce reciprocal tariffs on many economies by this week, a major escalation of his offensive to reshape global trade relationships in ways he considers to be in America's favour.

Quebec Calls for Early Talks of Trade Deal as Trump Brings Metal Tariffs

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSCanada should try to accelerate the renegotiation of the North American trade agreement, Quebec’s

Markets react to Trump's tariffs on steel and aluminium imports

SINGAPORE (Reuters) -U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties. The dollar rose and U.S. Treasury yields ticked higher. "Investors and short-term traders are now in flux in terms of playbook positioning as the global economy has not faced a stagflation environment in the last 15 years since the Great Financial Crisis of 2009."

Dollar gains, loonie slips on tariff threats

NEW YORK (Reuters) -The U.S. dollar gained on Monday after President Donald Trump pledged 25% tariffs on all imports of steel and aluminium, while the Canadian dollar was among the worst performers. Canada is a major exporter of steel and aluminium to the U.S., along with Brazil, Mexico, South Korea and Vietnam, according to government and American Iron and Steel Institute data. The yen also dipped on concerns that Japan could also face tariffs.

Oil prices advance despite concern over more US tariffs

Monday's gains could be down to bargain hunting after the market posted a third consecutive weekly decline last week, pressured by the concerns over global trade. Trump said he will announce on Monday 25% tariffs on all steel and aluminium imports into the United States. A week ago he announced tariffs on Canada, Mexico and China, but suspended those for the neighbouring countries the next day.

Australia's BlueScope Steel gains on potential US tariffs on steel imports

(Reuters) -Shares of BlueScope Steel rose to a more than two-month high on Monday, buoyed by expectation that the Australian steelmaker's U.S. business would gain from potential tariffs on all steel imports into the country. U.S. President Donald Trump said he would introduce new 25% tariffs on all steel and aluminium imports into the country, on top of existing metals duties, in another major escalation of his trade policy overhaul. The largest sources of U.S. steel imports are Canada, Brazil and Mexico, followed by South Korea and Vietnam, according to government and American Iron and Steel Institute data.

In China's export hub of Yiwu, traders shrug off Trump's tariffs

Traders in China's export manufacturing hub of Yiwu shrugged off U.S. President Donald Trump's tariffs and moves against China on Sunday, with some saying they made preparations to soften the blow. Yiwu city in eastern China's Zhejiang province is the world's largest wholesale hub for small manufactured items, exporting products ranging from Christmas trees to costume jewellery globally, including to the United States. "We predicted that he would assume power," Cheng Haodong, chairman of Beisi Group, a business which sells clothes to water bottles, told Reuters from their office in the city.

Shares of South Korean steelmakers drop as Trump talks tariffs

Shares of South Korean steelmakers dropped on Monday, after U.S. President Donald Trump said he would introduce new tariffs. POSCO Holdings shares fell as much as 3.6% to 230,500 won, the lowest since October 2022, while shares of Hyundai Steel fell as much as 2.9% to the lowest on record. Trump said that he would announce on Monday new 25% tariffs on all steel and aluminum imports into the United States, which would come on top of existing metals duties in another major escalation of his trade policy overhaul.

Dollar firms on tariff threats, stocks shrug and rally

The dollar edged higher on Monday after U.S. President Donald Trump warned more tariffs were imminent including on steel and aluminium, although U.S. futures and European stocks shrugged off the looming levies and rose. Speaking to reporters on Air Force One on Sunday, Trump said he would announce on Monday 25% tariffs on all steel and aluminium imports into the U.S., and reveal other reciprocal tariffs soon afterwards. China's retaliatory tariffs on some U.S. exports take effect on Monday, with no sign as yet of progress towards a new trade arrangement between Beijing and Washington.

Trump says he will announce 25% steel and aluminum tariffs Monday, and more import duties are coming

President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties later in the week. “Any steel coming into the United States is going to have a 25% tariff,” he told reporters Sunday on Air Force One as he flew from Florida to New Orleans to attend the Super Bowl. When asked about aluminum, he responded, “aluminum, too” will be subject to the trade penalties.

Morning Bid: Navigating US rates, global tariff tensions

Asian markets are set for a rocky open on Monday following Wall Street's selloff on Friday, as U.S. inflation concerns bubble up and global trade war fears intensify after President Donald Trump said he plans to announce reciprocal tariffs on many economies early this week. Trump's comments mark an escalation of his 'America First' offensive to reshape global trade relationships. There may be a reprieve, like there was with the Mexico and Canada tariffs recently, but if not, many Asian economies are vulnerable.

Trump to announce 25% steel and aluminum tariffs in latest trade escalation

ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Trump, speaking to reporters on Air Force One on his way to the NFL Super Bowl in New Orleans, said he will announce the new metals tariffs on Monday. "And very simply, it's, if they charge us, we charge them," Trump said of the reciprocal tariff plan.

TKer: Even with tariffs looming, the stock market continues to trade near record highs

Even if tariffs ultimately aren’t imposed, the uncertainty and volatility caused by the threat of tariffs could prove costly.

Brazil Makes Preparations for US Tariffs, Trade War, Folha Says

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSBrazil’s government is mapping out sectors of the economy that could be affected by a trade war l

Trump tariffs rip right through C-suites and financial models

Top leaders bring Yahoo Finance into the challenging world of navigating Trump administration policies.

Investors await new inflation data amid tariff concerns: What to know this week

A fresh reading on consumer prices headlines the week ahead as markets have been jittery about Trump policy and the path forward for inflation.

Debt Derivatives Are So Tight Even Trump’s Tariff Talk Can’t Shift Them

(Bloomberg) -- Even US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market is too complacent. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSPrices on cr

Trump wants to put tariffs on prescription drugs. Experts warn it could backfire.

A tariff on imported drugs won't easily bring production back to the US, experts warn.

Porsche Careens Toward Trump Tariff Showdown in Weakened State

(Bloomberg) -- Little is going right at Porsche AG: Sales are slumping, earnings are in decline, top executives are being ousted.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperCitadel to Leave Namesake Chicago Tower as Employees RelocateAnd in a market where buyers are still snapping up

Trump pauses tariffs on millions of low-value packages from China

President Donald Trump has paused imposing tariffs on small-value packages arriving from China, apparently to give federal agencies time to sort out how to process millions of such shipments that have come through the U.S. border every day without paying taxes. The executive order, dated Wednesday, didn't say when the pause would end but said it would cease when the Department of Commerce could put in place “adequate systems” to “fully and expediently process and collect tariff revenue.” “It's just showing we're moving fast, and the implications are not fully understood when some of these regulations are put in place,” said John Lash, group vice president of product strategy at the supply chain platform e2open, pointing out that Trump's order affected huge numbers of small packages, many in transit.

Trump reinstates tariff exemption for certain cheap shipments – for now

The Trump administration on Friday delayed the suspension of the so-called de minimis provision, which allows packages worth less than $800 to enter the country duty-free, a move that helps low-cost shopping sites from China that sell everything from fast fashion to furniture.

Confusion reigns and stocks sink as Trump announces more tariffs

Momentary relief was met with the stark reality Friday that President Donald Trump is not done with this chaotic tariff regimen.

Stocks Slide as Tariff Angst Adds to Price Worries: Markets Wrap

(Bloomberg) -- Wall Street traders worried about the potential impacts of US tariffs on inflation didn’t get much relief from economic data that only underscored concerns over price pressures, reinforcing speculation the Federal Reserve will be in no rush to cut interest rates.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleCitadel to L

Stock market today: Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week

Investors took in Amazon earnings, with the all-important jobs report on deck.

Dollar Caps Volatile Week on High Note as Tariff Deadlines Loom

(Bloomberg) -- The US dollar rallied on fresh uncertainty surrounding President Donald Trump’s plans to implement tariffs, capping a volatile week for currency markets buffeted by trade headlines in the early days of the new administration. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleCitadel to Leave Namesake Chicago Tower as Employ

Oil Posts Third Weekly Drop as Trump Tariffs Hit Demand Outlook

(Bloomberg) -- Oil posted its third straight weekly decline as concerns that US President Donald Trump’s tariffs on China will sap demand outweighed his first round of sanctions against Iran.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase i

Trump Says He Plans Reciprocal Tariffs, Will Affect ‘Everyone’

(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZonePresident Donald Trump said he plans to unveil reciprocal tariffs next week i

Jan	FEB	Mar
	10
2024	2025	2026

News

Life

Entertainment

Finance

Sports

New on Yahoo

Trump says he'll impose 25% tariffs on steel, aluminum imports; reciprocal duties are coming soon

Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports

Stocks Shrug Off Tariff Tensions as Gold Rallies: Markets Wrap

Stock market today: Dow, S&P 500, Nasdaq bounce back as Trump tariff move buoys steelmakers

Oil Recovers From Weekly Tumble as Trump’s Tariffs Cloud Outlook

Explainer-What are the EU's options in response to Trump tariffs?

Trump Plans to Impose 25% Tariffs on Steel, Aluminum Imports

Factbox-Modi's US visit raises industry hopes amid tariff threats

South African Stocks Head for Record as Trump Tariffs Stoke Gold

Trump to announce 25% steel and aluminium tariffs in latest trade salvo

Emerging Markets on Backfoot as Trump Moots Metals Tariff Plan