President Trump is amping up trade threats, again unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.

Global markets were mostly higher and U.S. stock futures were lower as markets continue to focus on President Trump’s tariffs and await U.S. jobless data later Thursday. U.S. markets closed higher Wednesday with the Nasdaq Composite hitting a new record lead by technology stocks.

Ernie Tedeschi of The Budget Lab at Yale breaks down the tariff revenues released by the Trump's administration. He also discusses the Fed's dilemma as they balance future supply and demand side risks which are trending towards the upside.

The U.S. will impose 50% tariffs on global imports of copper effective on Aug. 1, President Trump posted online on Wednesday. Trump on Tuesday told reporters that he would set the 50% tariff on the metal,

Early findings from an ongoing Harvard Business School study suggest tariffs are affecting retail prices for domestically sourced products.

While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will spur inflation or be more of a one-time hit that will not lead to higher long-term price increases.

A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.

U.S. President Donald Trump is hosting five West African leaders on Wednesday for a “multilateral lunch” as the region reels from the impact of U.S. aid cuts.

President Trump's "Liberation Day" tariffs have been pushed back to August 1, but for consumers and businesses, the push is on to avert the potential impacts on their wallets and bottom lines. Tax expert Karla Dennis is Jim's guest on "The Final 5.