The lion's share of the higher tariff costs, some $37.3 billion, stemmed from duties on imports from China
The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com
The decision sends a clear signal that the US will take action against digital tax regimes that discriminate or otherwise impose undue burdens on its firms, US Trade Representative said
The world's largest automakers -- including Ford Motor Co., Toyota Motor Corp. and Volkswagen AG -- lost $17 billion in market value in Friday trading
The largest US automaker is set to hire Trump's former deputy director of the National Economic Council and adviser on international economic affairs
India and the US will hold their first 2+2 dialogue on July 6
The new tariffs follow Trump's recent announcement of a 25 per cent tariff on imported steel and 10 per cent tariff on imported aluminium
Here's how the tariffs have jostled asset prices and could sway markets going forward