President Trump announced that over 100 million barrels of Venezuelan oil have arrived at refineries in Houston, with a similar quantity currently en route to the US.
The US will increase additional import tariffs for some countries to 15%, up from the current 10%, according to chief trade representative Jamieson Greer.
The EU has postponed the ratification of a trade agreement with the US for the second time, citing concerns over instability and potential price increases for many goods due to President Trump's temporary tariffs.
Countries are exercising caution following a US Supreme Court tariff ruling, with concerns growing over increased trade instability as Trump responds with an additional 10% tariff.
Experts warn of a new wave of tariff instability emerging as Donald Trump uses other authorities to impose tariffs, following the US Supreme Court's decision.
President Donald Trump announced alternative tariff plans, including an additional 10% tariff on existing rates, following the Supreme Court's decision.
The world's wealthiest individual expresses discontent despite an immense fortune that fuels his ambitions, from colonizing Mars to implanting brain chips.
President Donald Trump accused Federal Reserve Chair Jerome Powell of "incompetence" and failing to "do his job well," citing billions of dollars in budget overruns on the Fed's headquarters renovation project.