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Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week.

President Donald Trump told Pennsylvania steelworkers he’s doubling the tariff on imported steel and aluminum to 50% to protect their industry.

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.

Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.

President Donald Trump said he expected to speak to Chinese President Xi Jinping after accusing China of violating an agreement with the U.S. to ease tariffs.

The ceasefire in the tariff fight between the United States and China is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container bookings have slowed.

A federal appeals court has allowed President Donald Trump to temporarily continue collecting tariffs under the emergency powers law while he appeals the federal trade court’s decision.

U.S. ports continued to see year-over-year container volume increases in April even amid shifting trade policies in recent months.

The Trump administration says it will go to the Supreme Court if needed to overturn a May 28 court decision against his new tariffs. 

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business.