Live updates and the latest news as former Trump national security adviser Mike Waltz testifies at his Senate confirmation hearing for United Nations ambassador and Trump travels to Pittsburgh for an AI summit.

The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.

Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.

President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Thursday announced a 35% tariff on Canadian goods.

From China generating power from ‘sea of death’ to how US president’s tariffs may pay for his bill, here’s a round-up from today’s coverage.

President Trump sent markets into a tizzy, when he proposed tariffs on one of the world’s most valuable commodities: Copper. On today’s Big Take podcast, Bloomberg’s economic statecraft reporter Joe Deaux joins host David Gura to discuss the president’s ongoing push to bring copper manufacturing back to the US.

Shares have opened mostly higher in Europe following gains in Asian markets despite lingering worries about President Donald Trump's latest updates to his tariffs.

Asian equity markets ended Monday on a mixed note, as better-than-expected trade data from China helped offset renewed concerns over global trade tensions sparked by fresh tariff threats from US President Donald Trump.