The exchange with the South American nation suggests the U.S. president also sees trade as a tool to influence other policies of foreign countries.

With tariffs being applied to more countries, Kohl's Corp. believes it won't change its financial outlook for the rest of the year.

On the battlefield: Ukrainian officials are reporting a dangerous shift in Russia’s attacks. Overnight, Moscow hit Ukraine’s capital, Kyiv, with more missiles and drones. Dozens of workers were rescued after a tunnel collapsed in Los Angeles.

President Donald Trump announced Wednesday he planned to hit Brazil with a 50% tariff, in part due to the treatment of its former president and his political ally, Jair Bolsonaro.

Scavino is the third top official who, along with two others, sold Trump Media stock with the combined value of up to $10 million before tariffs news

Ernie Tedeschi of The Budget Lab at Yale breaks down the tariff revenues released by the Trump's administration. He also discusses the Fed's dilemma as they balance future supply and demand side risks which are trending towards the upside.

President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet