The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify

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

Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.

Rising tariffs could impact markets and learn top investment strategies and picks to maximize returns. Click here for more on Market Outlook.

The White House concluded that non-tariff methods for punishing Brazil would take too long, two people familiar with the situation said.

President Donald Trump’s tariff fight moved forward yesterday as he escalated the U.S. trade war with Canada and said in an exclusive interview that he plans to impose blanket tariffs on most trade partners.

The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. "If it does not get modified, you just cease the importation of Brazilian beef to this country," said Bob Chudy,

Trump has sent letters to 22 countries warning of incoming tariff rates, according to his social media posts, including 50 percent taxes on Brazilian imports and 35 percent on Canadian goods. The letters follow the administration’s insistence that the president was making “90 deals in 90 days” beginning in April.