US President Donald Trump set the following rates by region in his executive order on Thursday, titled “Further Modifying the Reciprocal Tariff Rates”: Africa Algeria 30% Angola 15% Botswana 15% Cameroon 15% Chad 15% Ivory Coast 15% Democratic Republic of the Congo 15% Equatorial Guinea 15% Ghana 15% Guyana 15%Read More →
Superyachts in Port Hercules, Monaco. John Lamb | The Image Bank | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. American boat buyers andRead More →
A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump’s global tariff regime. Trump has claimed he has the power to impose a vast array of new tariffs under the International Emergency Economic Powers Act. His use of that statute — whichRead More →
Companies, consumers and countries have been paying close attention to United States President Donald Trump’s aggressive policy of imposing tariffs. Soon, the courts will weigh in on whether Trump has the power to levy those tariffs in the first place – a high-stakes legal battle that will either affirm aRead More →
Copper pipes are displayed in a home rebuilding store on July 9, 2025 in New York City. Spencer Platt | Getty Images President Donald Trump on Wednesday signed on order imposing a universal 50% tariff on copper imports, the latest metal he has targeted with a steep import tax. U.S.Read More →
The U.S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength, the Commerce Department reported Wednesday. Gross domestic product, a sum of goods and services activity across the sprawling U.S. economy, jumped 3% for the AprilRead More →
As United States President Donald Trump blasts his way through tariff announcements, one thing is clear, experts say: Some level of duties is here to stay. In the past few weeks, Trump has announced a string of deals – with the European Union, Japan, Indonesia, Vietnam and the Philippines –Read More →
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal withRead More →
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump’s sweeping tariffRead More →
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted as much as 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminaryRead More →
