Business

Tariffs on imported vehicles took effect Thursday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands of dollars. The 25 percent duty applies to all cars assembled outside the United States. Starting May 3, the tariff will also…

Markets around the world shuddered on Thursday after President Trump announced across-the-board 10 percent tariffs on all U.S. trading partners except Canada and Mexico, as well as even higher tariffs on dozens of America’s other main trading partners. Futures on the S&P 500, which allow investors to trade the index outside normal trading hours, slumped…

© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets plunged on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 countries and territories – several of which are in the region. In charts posted on social media, the White House showed the effective tariff rates they claim other countries impose…

In the race to dominate strategic sectors like batteries and electric vehicles (EVs), Chinese manufacturers like CATL and BYD are so far ahead of the rest of the world that they are becoming nearly impossible to challenge. A major reason is the cost advantage they’ve built by leveraging the large demand in their domestic market…

President Trump has accused America’s trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country’s wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and Europe. And he has complained…

President Trump’s social media company, Trump Media & Technology Group, filed to re-register for sale billions of dollars’ worth of shares that he has in the company and that are held in a trust overseen by his eldest son. The registration statement, filed with the Securities and Exchange Commission on Monday, permits the trust to…

Trump tariffs live updates: President makes final decision on reciprocal duties