News

Trump says 50% tariff on European Union delayed until July
President Trump said the U.S. will delay a threatened 50% tariff on goods from the European Union from June 1 until July 9.
Trump rips reporter who asked if he ‘always chickens out’ on tariff threats: ‘That’s a nasty question’
Don’t ever say what you said. That’s a nasty question,’ the president told CNBC White House correspondent Megan Casella Wednesday.
Trump erupts when asked about 'TACO trade' ― a new nickname mocking his tariff approach
The acronym stands for "Trump always chickens out" a jab at the president's propensity to impose or threaten steep tariffs and later back off.
Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to ...
Ticker: Wall Street climbs on EU tariff delay; Consumer confidence rebounds
Wall Street’s roller-coaster ride created by President Donald Trump’s trade policies whipped back upward on Tuesday, this ...
European shares gain on defence boost, tariff delay aids sentiment
European shares closed higher on Tuesday with defence stocks boosting the market after U.S. President Donald Trump threatened ...
Likelihood of tariffs being implemented against E.U. is 'rather low': strategists
The threat of 50% tariffs on the European Union is likely a negotiation tactic to force a dialogue on difficult issues such as nontariff barriers, according to strategists Jason Pride and Michael ...
CNBC Daily Open: European nations and companies reposition themselves in response to Trump tariffs
French President Emmanuel Macron's Vietnam visit and Swedish automaker Volvo Cars' layoffs are both, in some ways, responses ...