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President Donald Trump told Pennsylvania steelworkers he’s doubling the tariff on imported steel and aluminum to 50% to protect their industry.

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.

Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

U.S. and Chinese officials said May 12 they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war to allow for more talks.

American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

China on April 21 warned other countries against making trade deals with the United States to China’s detriment.

Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota.

China announced April 11 that it will raise tariffs on U.S. goods from 84% to 125%, the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets.

China said April 8 it would “fight to the end” and take countermeasures to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports.

After one of the worst single day sell-offs in Tesla’s history, President Donald Trump threw his support behind his adviser, billionaire Elon Musk, vowing to buy one of his cars.