Instead, it’s been a return to chaos.

Volatility in Brazilian assets soared as traders rushed to assess the endgame of President Donald Trump’s threat to impose 50% tariffs on all goods from the South American nation. A measure of one-month swings for the real jumped to the highest since April as the currency went from the worst to the best in emerging markets in the span of an hour.

President Donald Trump sent out tariff letters to six smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day.

Trump said Tuesday he will not extend the Aug. 1 date for his new tariffs to go into effect, putting pressure on countries to strike deals with the United States to lower the proposed duties as much ...

Prices of clothing and shoes are expected to be particularly impacted by the tariffs, Yale University’s Budget Lab found.

Metals are the latest market upended by President Donald Trump after he confirmed long-touted plans to impose a 50% import tariff on copper from August.

Chalmers said while the U.S. accounted for less than 1% of Australia’s copper exports, the pharmaceutical industry was “much more exposed” to the impact of tariffs.