Trump's trade war escalates with international tit-for-tat

The European Union is hitting back at President Donald Trump’s new levy on all foreign aluminum and steel by announcing retaliatory tariffs on American products worth billions of dollars. President Donald Trump slams the move, saying he will “of course” respond. NBC’s Christine Romans reports for TODAY.

Topics

Trump administration cuts export office staff amid escalating trade war

The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...
The Hill - 4h
A Tariff Pile-On Threatens to Escalate a Global Trade War

American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.
The New York Times - 1d
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.

President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.
MarketWatch - 1d
Dow drops 600 points as Trump escalates trade war with Canada

S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.
CBS News - 1d
Trump doesn't rule out recession as trade war stirs uncertainty

As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...
NBC News - 3d
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats

Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...
The Hill - 1d
Trade partners impose new tariffs on U.S.

Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...
NBC News - 2d
S&P and Nasdaq close up, Dow closes down after turbulent day amid trade war

An escalating global trade war hammered markets in recent days.
ABC News - 18h
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again

Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.
ABC News - 1d

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