President Trump threatens massive tariff on the EU. Trump made the startling new tariff threat in a post on Truth Social. His post said, in part, “The European Union, which was

Angelo Sibilio and Matt White told Business Insider why they increased their cash holdings and aren't planning to jump back in the market soon.

The worst impacts of President Donald Trump’s tariffs could hit just in time for back-to-school shopping. Whether or not Trump reaches new deals with China and other trading partners, spikes in prices are already affecting clothing,

Some have rushed to take advantage of the rollback by frontloading and stockpiling shipments. Container bookings for China to U.S. routes soared nearly 300% in the days after the truce was announced, particularly as businesses anticipate end-of-year holiday shopping demand.

President Trump believes he can force more goods to be made at home by raising taxes on American imports. He imposed new tariffs on cars, steel and aluminum. His particularly steep tariffs on China prompted an escalation that blocked most trade between the countries. He also placed new “ reciprocal tariffs ” on China and dozens of other countries.