Financial markets around the world are reeling following President Trump’s latest and most severe volley of tariffs, and the US stock market may be taking the worst of it.

US President Donald Trump, on Wednesday, announced his much-anticipated “red hot” tariffs on trading partners. These tariffs are expected to boost America’s manufacturing and punish other nations for what Trump claims are years of unfair trade practices.

TORONTO (AP) — Prime Minister Mark Carney said Thursday that Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

BRASILIA (Reuters) - Sweeping U.S. tariffs could prove relatively advantageous for Brazil, Latin America's largest economy, despite President Donald Trump's move to impose a 10% levy on its exports to the United States, economists said on Thursday.

President Trump’s sweeping new tariffs, announced yesterday, signal not just their embrace as a negotiating tactic, but a dramatic reordering of the global economy—one that could reshape entire industries and redefine how the country competes,