The European Union hit back against Donald Trump’s 25 per cent tariffs on steel and aluminium within hours of them taking effect, escalating a global trade war.

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Trump told CEOs in the Business Roundtable on Tuesday that the tariffs were causing companies to invest in U.S. factories.

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The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) ended Wednesday's session in positive territory as recent tech laggards Nvidia (NVDA) and Tesla (TSLA) caught some relief in the trading day.

"If it's 8% more expensive to build tractors and combines in the U.S., some of that inevitably, unfortunately will be passed down to the customers," Eideberg said. Whether Trump's tariffs will ...

Canada and the European Union swiftly hit back at increased steel and aluminum tariffs imposed by U.S. President Donald Trump ...

TORONTO — Canada will announce Canadian $29.8 billion ($20.7 billion) in retaliatory tariffs in response to the 25% steel and aluminum tariffs that U.S. President Donald Trump has leveled, a ...