The Latest Breaking News from Jamieson Greer

The White House is urging Colombia to stop the implementation of new auto safety regulations that could jeopardize American car exports to Colombia, as both nations get ready to discuss tariffs, that have been recently imposed on Colombian products like coffee, avocados, flowers and oil

US tariffs exemptions for electronics prompted market rallies Monday from Asia to Wall Street but failed to settle nerves over a global trade war that Chinese leader Xi Jinping warned would have "no winner."

While investors remain anxious about the impact of tariffs on global markets, White House advisors are warning against panic. The fast-changing nature of Trump's trade policies means this message is — however — hard to swallow.

The US President warned Sunday that no country would be "getting off the hook" on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived. The world's two largest economies have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault.