Countries seeking to sell goods to the United States will face taxes as high as 54% based on how the White House is calculating duties on U.S. exports.
Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, Trump’s formula for calculating levies has a serious side: it is also hitting some of the world’s poorest nations hardest.
European allies and Canada are concerned by Trump’s readiness to draw closer to Russia's Vladimir Putin, who sees NATO as a threat as the U.S. tries to broker a ceasefire in Ukraine.
A new baseline 10% tariff on imported goods plus some eye-watering additional ‘reciprocal’ tariffs on countries Trump said put high trade barriers on the U.S., left traders clearly rattled.
The soldiers, part of the 1st Armored Brigade Combat Team, 3rd Infantry Division, were on a tactical training exercise when they and their vehicle went missing a week ago, the Army said.