President Trump has sent letters to more than 20 trade partners, all delivering the same message: Negotiate a new trade deal by August 1 or goods will be hit with higher tariffs. CBS News's Erica Brown reports.

Following the passage of its tax cut and spending bill last week, the Trump administration promised more trade deals

The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.

Canadians have been shunning US products as a result of President Donald Trump’s trade war. Now there’s evidence some also want to see fewer US stocks in their retirement accounts and pensions funds.

U.S. Secretary of State Marco Rubio met his Japanese and Philippine counterparts in a meeting Thursday on the sidelines of the Association of Southeast Asian Nations’ annual ministerial meetings in Malaysia. The U.S., Japan and the Philippines have been building a trilateral bloc to broaden security and economic cooperation.

The U.S. dollar rose against major currencies including the yen and euro as President Donald Trump rekindled trade tensions with new tariffs on Canada and other trading partners. Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1.

Money managers from Aberdeen Group Plc to Franklin Templeton are staying bullish on Brazil, betting the country will withstand its unexpected turn in the epicenter of Donald Trump’s trade war.