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Commerce Secretary Howard Lutnick said the U.K. automakers will pay a 10% tariff on 100,000 cars sent to the U.S. rather than the 25% tariff for imported vehicles and car parts. It’s a tiny percentage ...
The deal means the tariff on UK cars falls from 27.5% to 10%, while the steel and aluminium rate is cut from 25%.
Live updates and the latest news as Trump signs a trade deal with the U.K. and the House votes on renaming the Gulf of Mexico ...
Cleveland-Cliffs ( CLF -15.25%) stock reported a loss last night that was much worse than anticipated, sending its stock tumbling in early trading Thursday, down 16.2% through 10:35 a.m. ET.
President Donald Trump said the U.S. has reached a trade deal with the United Kingdom, the first trade pact since he paused ...
The potential trade deal comes as the Trump administration says it's also negotiating with many other trade partners.
It's the first bilateral trade deal since Trump began his stutterstep efforts to rewire the global economy by dramatically increasing import taxes in an attempt to increase domestic manufacturing.
The deal is first for his administration since imposing — then pausing — sweeping "reciprocal" tariffs against all trading partners in early April.
Trump posted on his Truth Social platform that the deal "will cement the relationship between the United States and the ...
EDITOR: Some Democrats in Congress vow to impeach President Donald Trump if they achieve a majority in 2026. They should ...
Overall, however, Peloton saw losses with hardware sales falling 27 percent year-over-year and subscription revenue dropping ...
President Donald Trump's tariffs could hit U.S. farmers hard, according to a new analysis. Combines line up before a corn ...
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