Stock markets in the United States and Europe retreated Friday as US President Donald Trump ramped up his trade offensive. Trump threatened a 35-percent levy on Canada. Trump dampened earlier optimism by firing off more than 20 letters to governments.

US President Donald Trump sent a letter to President Ferdinand “Bongbong” Marcos Jr. informing the latter that he is imposing a higher tariff rate of 20% on Philippine goods imported to America despite earlier negotiations to lower the initially announced duty of 17% in April.

WASHINGTON ― President Donald Trump revealed new tariff rates on 14 countries — and extended until August 1 a pause on higher rates that was due to expire July 9. In separate July 7 letters to ...

Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.

President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.

In a series of social media posts, President Donald Trump revealed higher tariff rates for six more countries as part of his ongoing "reciprocal" tariff policy based on bilateral trade deficits.

President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Wednesday posted to social media six letters,

Sweeping tariffs set to be imposed by President Donald Trump next month may cast a pall over his top diplomat's first official trip to Asia.