The best way to handle rapid change is to stay as informed as possible — both in terms of current market trends and possible changes — in order to run multiple, complex what-if scenarios.

Unless the EU comes to an arrangement with the U.S., 20% tariffs against the bloc will come into force on April 9.

President Trump’s seesawing policy on the implementation of tariffs fails to account for the many complexities of international trade, three industry analysts said at TPM25.

The U.S. government introduced a 25% tariff on imported cars, which went into effect on April 3.

While Newsom cannot enter binding international agreements with foreign nations, the governor can pursue informal partnerships and export promotion efforts such as state-led trade missions.

The group signed six agreements, including on maritime transport cooperation to boost connectivity between South and Southeast Asia and disaster prevention.

The levies, part of a broader trade war, are expected to upend supply chains and add thousands of dollars in costs to most vehicle models.

Economists have warned that Trump's tariffs will lead to higher prices on a range of products, including cars, auto parts, electronics, furniture, coffee and chocolate.

The near century-old de minimis loophole helped startup marketplaces like Temu and Shein expand rapidly in the U.S. 

Further analysis revealed that the rates weren't related to foreign tariffs at all, and instead targeted the United States' most prominent trade deficits.