President Donald Trump threatened to double the baseline universal tariff to 20%, citing record stock gains to dispel fears that such a move would hammer the global economy. Even as financial markets barely budged on the news,

Trump's tariffs may pose less threat to Asian markets than initially feared, wrote Goldman Sachs analysts. Tariffs may hurt markets, but if there's clear information about them, investors would feel less negative. North Asian markets face higher exposure, while Southeast Asia markets are less affected.

A 200% tariff rate — even with a delay — will have a detrimental effect on drug prices and profit margins, analysts warn.

The U.S. will put a 35% tariff on imports from Canada effective Aug. 1, President Trump announced on Thursday evening.But an exemption for goods that comply with the nations’ free-trade agreement, the U.

Good morning. Donald Trump threatens universal levies while slapping higher tariffs on Canada. Heathrow plans a £10 billion upgrade. And the original Birkin bag fetches €8.58 million at auction. Listen to the day’s top stories.

The Central Asian nation, rich in critical minerals, is deepening its ties to China but does relatively little trade with the United States.

In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."

Atlanta, Georgia — Pillows filled and sealed for a good night's sleep at the Atlanta warehouse of home bedding company Standard Fiber are one of many things giving its CEO, Chad Altbaier, nightmares. "Planning is practically impossible," Altbaier told CBS News. "Probably the most challenging time of my career."