New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek to avoid renewed yen falls that would worsen inflationary pressures.

Japan’s stocks plunged after President Donald Trump slapped a 24% tariff on the nation as part of tariffs levied on trading partners worldwide. A stronger yen also weighed on exporter shares.The Topix Index fell 3.

Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.

S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.

Trump declared universal tariffs of 10% on imports from all countries and much higher levies on about 60 countries on Wednesday.

Stocks dropped sharply for a second day after China set retaliatory tariffs countering President Trump's own steep import duties.

U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.

President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.

Yet the calls for making a deal from the EU, the U.K. and Japan indicated a lack of appetite for escalating trade tensions with the world's biggest economy and fear that slapping tariffs on U.S. goods will only make things worse.

US President Donald Trump's new sweeping global tariffs came into effect on Saturday. The US government introduced universal tariffs of a minimum of 10% on imports from all countries. Significantly higher punitive tariffs will apply for some,

Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.

It’s the U.S. versus ‘friend and foe alike’ as President Trump’s tariff tussle goes global. Trump announced Wednesday that the U.S. would begin applying a universal baseline tariff of 10% on imported goods from all foreign countries.

Here’s what to know about U.S. trade with the countries hit hardest by Trump’s so-called “reciprocal” tariffs.

The tariffs announcement should send Trump supporters back to an Aug. 14 speech on the economy that candidate Trump delivered in Asheville.

Here's what investors need to know. A blanket 10% tariff isn't all that Trump imposed. Goods imported from countries that Trump says have been imposing high tariffs will also face high tariffs as they enter the U.