Auto suppliers face more dire circumstances than automakers amid Trump tariffs
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Auto suppliers face more dire circumstances than automakers amid Trump tariffs
DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive suppliers harder than automakers, but their problems could quickly have ripple effects on ...NBC News - 2h -
Trump says Iran will suffer 'dire' consequences for any more Houthi attacks
President Donald Trump on Monday said that further attacks or retaliation by the Houthis would be considered an attack by Iran and it would face “dire” consequences.ABC News - 1d -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 19h -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - Mar. 10 -
Trump tariffs could add more than $9,000 to new home costs, builders say
Homebuilders say President Trump's tariff agenda is making construction and renovation projects more expensive.CBS News - 2d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - 5d -
Rubio, Brennan tangle over Trump’s tariff impacts
Secretary of State Marco Rubio joined CBS News’s Margaret Brennan on Sunday’s “Face the Nation,” where he was pressed about the implications of President Trump’s tariff plan. “Isn’t there a risk ...The Hill - 3d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - Mar. 12 -
‘Stock vigilantes’ are more myth than reality
Trump’s administration has expressed more tolerance for the economic fallout from tariffs than expectedFinancial Times - 16h
More from CNBC
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Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 30m -
DOGE doxx site maps 'Musk World' as Trump AG threatens Tesla vandals with federal charges
Tesla CEO Elon Musk spent hundreds of millions to help President Donald Trump win a second term. His electric vehicle maker is paying a price for that.CNBC - 8m -
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection of 2.1% in December.CNBC - 2h -
FTC commissioner fired by Trump says her ouster should concern markets
Trump has worked to overhaul the government by pushing out federal officials and drastically downsizing agencies through the Elon Musk-led DOGE.CNBC - 3h -
Nvidia's Huang says faster chips are the best way to reduce AI costs
"Speed is the best cost-reduction system," Huang said Tuesday, after his keynote speech at Nvidia's GTC conference.CNBC - 3h
More in Business
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DOGE doxx site maps 'Musk World' as Trump AG threatens Tesla vandals with federal charges
Tesla CEO Elon Musk spent hundreds of millions to help President Donald Trump win a second term. His electric vehicle maker is paying a price for that.CNBC - 8m -
What Oil Executives Want From President Trump
Tariffs, tax credits and deregulation are among the industry’s top priorities.The New York Times - 16m -
Retailer Five Below’s first-quarter outlook is more upbeat than its full-year one
Teen-focused discount retailer Five Below Inc. on Wednesday offered up a mixed full-year forecast, but expectations for the year’s first quarter were a bit more upbeat.MarketWatch - 30m -
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 30m -
Reeves will not raise taxes in Spring Statement, say officials
Chancellor will rely on a spending squeeze to try to ensure she complies with her fiscal rulesFinancial Times - 37m