Tariffs
Vance to attend international AI and security summits as Ukraine war and tariffs loom
Vance will likely use the summits to resist further AI regulation while reiterating a common Trump refrain: that military allies need to further ramp up spending that supports NATO and Ukraine.
Trump says he will impose a 25% tariff on aluminum and steel imports
Additionally, he plans to announce reciprocal tariffs on "everyone" on Tuesday or Wednesday: "If they charge us, we charge them. That's all," he said. "Every country will be reciprocal."
Chinese counter-tariffs to kick in as Trump threatens more to come
The tariffs from China range from 10% to 15% and are applied to crude oil, liquefied natural gas, farm machinery and select other products from the U.S.
U.S. importers prosecco panic
President Donald Trump's threats to impose new tariffs on European goods has caused Americans to suddenly stockpile their favorite Italian wines, especially prosecco.