The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride.
Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in lost sales and higher expenses, a Reuters analysis showed.
Adding to the uncertainty are tariff-related legal challenges and Trump's assertion that he would hammer out bilateral deals with trade partners, even though agreements remain elusive, save a pact with Britain this month.
Here's a timeline for key upcoming events and dates that could have a bearing on the U.S. tariff policy:
June 4: On May 30, Trump boosted tariffs on steel and aluminum imports to 50% from 25%; those tariffs are set to become effective on June 4.
June 5 and 9, 2025:
June 15-17:
Trump will attend the annual summit of G7 nations in Canada. The summit will be hosted at the Rocky Mountain resort town of Kananaskis, Alberta, with tariffs expected to be a major topic of discussion.
July 8:
July 9:
Deadline for United States and the European Union to negotiate a deal to avert 50% tariff duty on all EU imports.
July 14:
The EU's 90-day pause on its own retaliatory tariffs to end.
