Tinning said lawmakers have backed the industry's interests in Washington. He said Sens. Lisa Murkowski and Dan Sullivan and Rep. Nick Begich had all been "very reactive on behalf of Alaska seafood and really encouraging the Trump White House to prioritize the interests of Alaska seafood in these trade negotiations."

China announced on Sunday that it will implement steep anti-dumping tariffs on imports of POM copolymers, an engineering plastic widely used in manufacturing, from the United States, European Union, Japan and Taiwan,

Tariff uncertainty is pushing euro-area inflation below the European Central Bank’s target for next year, the European Commission has warned, citing the impact of US trade measures. South Africa ...

European leaders say they are ready to place counter tariffs on some $106 billion of U.S. goods, including chemicals, plastics, rubber and processing machinery, if trade talks don't lead to a mutually beneficial outcome.

The European Union has published a list of U.S. imports to target with retaliatory duties if no solution is found to end President Donald Trump’s tariff war.

“Obviously if your products coming into the U.S. are now subject to tariffs, then math says that you have to raise your prices in the U.S.,” said Jean-Pierre Dubé, professor of marketing at the University of Chicago Booth School of Business.

Price increases are becoming the norm amid Trump's tariff policies, with Subaru set to charge more in the US market and Walmart clashing with the president over impending inflation.

The European Union has proposed a two-euro flat fee on billions of small parcels sent directly to people's homes, which mainly come from China at the moment. The new tax would mean that packages worth less than 150 euros (£126) are no longer customs-free.