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The threat of tariffs has loomed large over U.S. equities. Investors and strategists warn that high levies can reignite inflation in the country, and in turn, weigh on stocks.

WASHINGTON — President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Feb. 1, the White House said.

Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.

Mexico’s government told President Donald Trump that his plan to place 25% tariffs on its goods would be a mistake that raises costs for U.S. consumers.

About 1,000 service members have faced late pickups or deliveries of household goods under the initial phase-in of the Defense Department’s revamped system for relocations.

President Donald Trump has chosen Chris Rocheleau to lead the Federal Aviation Administration on an interim basis.

Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.

Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of  gasoline, pickup trucks, avocados and more.