President Donald Trump announced a 30% tariff on goods imported from the EU and Mexico, triggering global reactions. Leaders and economic experts express concerns over potential economic disruptions and trade conflicts.

U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.

Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

In a major escalation of global trade tensions, the United States has proposed tariffs of up to 500% on critical imports linked to Russia, directly impacting the expanding trade routes between Russia and both India and China.

Industry Minister Melanie Joly spoke in British Columbia to the Vancouver Board of Trade and had strong words in response to the latest tariff threats by the U.S.

The latest US tariff extension went by without any major global market reaction as Trump pushed the deadline to 1 August

US stocks have rocketed back to all-time highs. The unemployment rate remains historically low. And the inflation rate is lower than when President Donald Trump took office.

Stocks have hit new highs despite President Trump’s escalating trade war. Some traders may be calling his bluff, but Jamie Dimon of JPMorgan Chase advises caution.