American apparel manufacturers have faced higher imported input costs and losses in business amid the tariff turmoil.

The Big Money Show' panel discusses President Donald Trump's plan to bring manufacturing back to America. Trump effect on NATO spending is 'staggering,' Secretary General says Head of the Islamic State in Iraq and Syria has been killed,

In his first term, Trump also targeted the alcohol industry. A series of tit-for-tat tariffs hit alcohol products in the U.S. and the EU. The Biden administration suspended those tariffs, but now the industry is once again in the crosshairs. The industry has still been recovering from that first tariff spat.

U.S. Secretary of State Marco Rubio will likely hear a litany of complaints as he meets with the foreign ministers of Britain, Canada, France, Germany, Italy and Japan.

Donald Trump threatened on Wednesday to escalate a global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.