President Donald Trump’s “Liberation Day” tariffs will likely hurt US regional and Canadian banks, while Chinese banks’ exposure seems limited. Trade spats could also have negative implications for a lending rebound that many US regional banks were anticipating in 2025.

President Trump added onto an already complex tariff picture. Here is how Wednesday's new levies will affect countries differently: China China is essentially in its own bucket. Trump, since beginning his second term,

Officials in the European Union, China and North American neighbor Canada say they're preparing countermeasures in response to President Trump's announcement of sweeping tariffs on U.S. imports. Why it matters: A global trade war is heating up following Trump's announcement of a baseline 10% tariff on U.