For most world leaders, tariff letters from US President Donald Trump mean a big headache. But for one Southeast Asian general, the communique is being spun as welcome recognition of the embattled, isolated and reviled junta he leads.

Markets may face turbulence as Trump pushes US re-industrialization, with bubble-like S&P500 valuations signaling a potential selloff ahead. See more here.

President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of breakfast in the United States. The prices of coffee and orange juice — two staples of the American morning diet — could be severely impacted if there's no agreement by Aug.

Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.

US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.

Trump Always Chickens Out—JPMorgan CEO Jamie Dimon cautioned that investors may be underestimating the risks of relying on past tariff U-turns. UBS’s Paul Donovan reinforced this concern in a note seen by Fortune,

Donald Trump capped off a whirlwind series of tariff threats with confirmation that he has broken yet another tariff revenue record, ending a week where his trade war got more complicated than ever.

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.