Raya Salter remembers the yells as a child when she asked her mother to turn up the heat in the winter: “Put on a sweater. Put on two sweaters. Here’s an extra blanket. That’s gonna make it work because the heat is not going up.

Ed Luce, Associate Editor of the Financial Times, said he expects other countries to slap tariffs on Tesla: “It’s low-hanging fruit,” he said on MSNBC on Thursday. Wall Street’s sell-off hit a new low Thursday after Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

President Trump said he would impose a 200% tariff on U.S. imports of wine, Champagne and other alcoholic beverages from the bloc.

Donald Trump’s tariff war isn’t just an economic misstep, it’s a self-imposed disaster that threatens to redefine America’s global standing.

The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon.

Donald Trump’s tariffs on imports of metals took effect. They impose 25% duties on shipments of steel and aluminum - with no countries excepted.

Tariffs imposed by US President Donald Trump on imports of steel and aluminium have taken effect in a move that will likely escalate tensions with some of the America's largest trading partners. The measure raises a flat duty on steel and aluminium entering the US to 25% and ends all country exemptions to the levies.