Nowhere is the toll of Trump’s trade policies more apparent than in Canada’s manufacturing heartland in the provinces of Ontario and Quebec.

The country’s dairy farmers produced a bumper harvest of milk, but higher U.S. duties have forced them to consider ways to cut back, including slaughtering cows.

China’s exports have declined for the first time since the US unleashed its “liberation day” tariffs in April, highlighting the impact of months of trade tensions even as the two powers struck a truce.

President Donald Trump on Thursday acknowledged that U.S. consumers are paying more for goods because of the tariffs he has set, a shift in rhetoric even as he insisted that the policy has benefited Americans overall.

A lively argument spanning almost three hours featured illuminating exchanges that tested the usual commitments of some of the justices on the right side of the court.

Binky Chadha, Deutsche Bank chief global strategist, and Peter Boockar, One Point BFG Wealth Partners CIO, joins 'The Exchange' to discuss the SCOTUS' decision on tariffs, if bond yields could soon spike and much more.

Trump went on a stunning riff on the declaration — by John Roberts — that "tariffs are taxes," admitting Americans "pay something" but claiming they benefit.

Italian tyre maker Pirelli said on Thursday its operating profit remained broadly stable year-on-year in the third quarter and confirmed its outlook, weathering the impact of tariffs and foreign exchange volatility.