South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade barriers, as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.

Trump has announced reciprocal tariffs on dozens of American trading partners, as well as new tariffs on copper and pharmaceuticals.

Less than half of Trump 2024 voters, 46%, said they would support tariffs on China — one of America’s biggest trading partners — even if they lead to rising prices domestically. Around a third, 32%, said they would only support tariffs if they do not increase prices.

New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.

Trump threatened to escalate tariffs beyond 35% if Canada opts to retaliate with tariffs on U.S. goods. Canadian goods are also subject to sector-specific tariffs, such as 50% levies on steel and aluminum as well as 25% tariffs on non-USMCA compliant autos and auto parts.

President Trump has threatened to increase Mexico’s tariff rate to 30 percent starting Aug. 1, claiming the country hasn’t sufficiently tackled drug cartels.

US President Donald Trump said he reached a deal with Indonesia, without providing any specifics of what is included in the accord. “Great deal, for everybody, just made with Indonesia. I dealt directly with with their highly respected President.

President Trump announcing new tariffs of 30% on Mexico and the European Union to start on August 1. European trade ministers are meeting today after pausing their retaliatory tariffs that were supposed to start today.

Experts predict near-term price instability for EVs and other vehicles due to Trump's tariffs, potentially leveling off by 2027. Here's what you can do now if you're in the market to buy one.