The U.S. is expected to implement a 50% tariff on copper imports at the end of the week, but what happens next is anyone’s guess as talk of an exemption for Chile, the biggest U.S. supplier of the metal,

Sen. Josh Hawley proposed $600 per person rebates from the government's tariff revenue, with families of four receiving up to $2,400 under the his new bill.

Stellantis’ updated financial guidance was based on an assumption that current tariff and trade rules will remain in place. It comes shortly after the U.S. and European agreed to a trade framework that means U.S. President Donald Trump’s administration will impose a blanket tariff of 15% on most EU goods.

African nation Lesotho’s textile manufacturing businesses has dried up in the face of tariffs imposed by US President Donald Trump's administration, leaving thousands of workers in limbo.

Trump has justified his most far-reaching assertions of tariff power by citing the 1977 International Emergency Economic Powers Act, which allows tariffs on all imports during an "unusual and extraordinary threat ... to the national security, foreign policy or economy of the United States."

Shares in off-road vehicle maker Polaris surged after the company said that tariff costs this year could be less than half of what it had previously predicted. In April, the company said its net tariff impact for 2025 could be as high as $300 million when the U.

Higher "reciprocal" tariffs are expected to go into effect this Friday. A few trade deals could still be struck with trading partners before then, and sector-specific tariffs are next on President Donald Trump's agenda.

As President Donald Trump enters the final days before his global trade deadline, tariff revenues have climbed to a record $150 billion so far this year. The U.S. collected nearly $28 billion in customs duties in July,