The new rate is higher than what Trump had threatened when he first unveiled sweeping global tariffs in April.

Australia lifted on Thursday strict biosecurity restrictions on beef imports from the U.S. after an extensive scientific and risk review, likely removing a key concern for U.S. President Donald Trump's administration over bilateral trade.

The White House announced three new trade agreements Tuesday, including a massive deal with a major U.S. trading partner. But not every country is surrendering in the president's trade war.

US stocks will shrug off tariff risks to get a boost from the second-quarter earnings season, the latest Markets Pulse survey showed.

Toymaker Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop in second-quarter revenue on Wednesday, as weak Barbie sales in North America and global trade uncertainties weighed on demand.

April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.

Southwest Airlines Co. expects economic turmoil to erase as much as $1 billion of its annual pre-tax profit this year, prompting the US airline to offer shareholders a much-reduced outlook for 2025.

Japan trade deal boosts Japanese equities and benefits Franklin FTSE Japan ETF, but faces issues with tariffs and market trends. Click for my FLJP update.