Beijing Retaliates after Trump Imposes Tariffs on Top Us Trade Partners
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Target and Best Buy warn of price hikes from Trump's tariffs
Wall Street investors, retail executives and economic analysts are sounding growing alarms that the new administration’s trade policies could pinch shoppers and the economy.NBC News - 1d -
Trump's tariffs showcase his extraordinary presidential power — and its limitations
President Donald Trump's 25% tariffs on imports from Canada and Mexico took effect Tuesday. But actually collecting them is proving complicated.CNBC - 1d -
Bank stocks are down big on Trump tariffs. It’s time to get into one of them
Shares of American banks sank as President Donald Trump's tariffs went into effect on key trade partners.CNBC - 1d -
Will Trump’s tariffs push the U.S. economy into recession? Many economists think so.
Tariffs will affect corporate hiring and put U.S. manufacturers operating globally in a difficult situation, economists say.MarketWatch - 1d -
How will Trump justify the stocks plunge reacting to his tariffs?
President Trump is set to address both chambers of Congress as his tariffs spook investors and drive down stocks. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
How will Trump address rising prices as new tariffs take form?
President Trump's tariffs on goods from Canada, Mexico and China are bound to increase prices for Americans. CBS News' Weijia Jiang reports as Mr. Trump prepares to address both chambers of Congress.CBS News - 1d -
‘A very dumb thing to do’: Trudeau calls out Trump on tariffs
Speaking on the implementation of new U.S. tariffs, Canadian Prime Minister Justin Trudeau addressed President Trump directly, calling the tariffs ‘a very dumb thing to do’ and pushed for ...NBC News - 1d -
Trump’s New Tariffs Could Strain Collection of Customs Fees
Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will need more resources to enforce the fees.The New York Times - 1d -
How Trump's new tariffs will affect Americans: 5 things to know
President Trump kicked off a trade war Tuesday, levying major tariffs on the top three U.S. trading partners — Canada, Mexico and China. He imposed 25 percent import taxes on Canada and Mexico, and ...The Hill - 1d -
Stagflation fears rise as Trump tariffs take effect, economy slows
Among consumers, long-run inflation expectations are at their highest level in almost 30 years while general sentiment is seeing multi-year lows.NBC News - 1d -
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 1d -
How Trump's tariffs could affect your retirement funds
President Trump's tariffs on Mexico, Canada and China are impacting the stock market and could make a dent in American retirement funds. Eric Diton, the president and managing director of The ...CBS News - 1d -
Trump expected to defend tariff policy in speech to joint session of Congress
President Trump made good on his promise to impose sweeping new tariffs on Canada, Mexico and China. NBC News Correspondents Kelly O’Donnell, Melanie Zanona and Brian Cheung discuss what to expect ...NBC News - 1d -
Companies brace for price pressures as Trump tariffs start to bite
Manufacturing, retail and food sectors highlight coming shocks after duties on Canada, Mexico and China are imposedFinancial Times - 1d -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 1d -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 1d -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 1d -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump's controversial tariffs will "probably" come "tomorrow."CNBC - 1d -
Lutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
Commerce Secretary Howard Lutnick said President Trump may announce a compromise with Canada and Mexico on Wednesday, the day after he imposed 25 percent tariffs on the two neighboring countries. ...The Hill - 1d -
Trump could meet Canada and Mexico ‘in the middle’ on tariffs, Lutnick says
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 1d -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday.NBC News - 1d -
How Trump's Canada and Mexico tariffs risk higher prices on cars
President Donald Trump’s decision to impose a 25% tariff on all imports coming into the U.S. from Canada and Mexico is expected to take a particular toll on the U.S. auto industry.NBC News - 1d -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 1d -
Trump’s tariffs will bring ‘nothing but pain’ to rural America, farmers say
Agriculture industry warns customers are looking elsewhere for key commoditiesFinancial Times - 1d -
Mexico Gave Trump Much of What He Wanted. Tariffs Came Anyway.
President Claudia Sheinbaum of Mexico took steps sought by President Trump, including sending troops to the border and cracking down on drug cartels. The tariffs went into effect anyway.The New York Times - 1d -
Fact-Checking Trump’s Claims on Tariffs, Ukraine and DOGE Before Address to Congress
The president has repeatedly made false or misleading claims in pursuing an aggressive agenda in the first weeks of his second term.The New York Times - 1d -
Trump could reduce tariffs as soon as tomorrow, commerce secretary says
Ahead of President Trump's address to Congress on Tuesday night, the stock market took a dive for the second day in a row, largely due to Mr. Trump's sweeping tariffs on Canada, Mexico and China. ...CBS News - 1d -
Rep. Byron Donalds defends Trump's tariffs on U.S. allies
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS ...CBS News - 1d -
Breaking down possible ripple effects of Trump tariffs on consumers
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.CBS News - 1d -
Trump says tariffs are to curb fentanyl, but U.S. overdose deaths are already declining
While President Donald Trump has said the tariffs are meant stop the flow of drugs across the border, experts worry it may undermine progress already underway.NBC News - 1d -
China sets GDP target of 5% for 2025 amid tariff war with Trump
Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war. Explained: what is China’s Two Sessions meeting? China has set its GDP ...The Guardian - 1d -
Trump downplaying tariff concerns could be a gift to Democrats: ANALYSIS
Tariff fallout could become a rallying cry for Democrats as they build a case against Trump ahead of midterm elections in hopes of reclaiming some power.ABC News - 1d -
Trump warns tariffs will cause ‘a little disturbance’ in defiant speech
In address to Congress president doubles down on levies and insists he will ‘get’ GreenlandFinancial Times - 1d -
What to Know About Trump’s Tariffs on Canada, Mexico and China
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.The New York Times - 1d -
To Stop Tariffs, Trump Demands Opioid Data That Doesn’t Yet Exist
A top administration official said that, without new declines in overdose deaths, tariffs on Canada and Mexico were appropriate. But the kind of real-time data he demanded doesn’t exist.The New York Times - 22h -
Business owner worries over impact of President Trump's new tariffs
Following President Trump's new tariffs against Mexico, Canada and China, some companies, like Best Buy and Target, say price hikes are expected. The head of a Canadian company who supplies molds ...CBS News - 22h -
Some Chinese legislators quiet on President Trump's tariffs at annual meeting
China has vowed to retaliate against President Trump's new tariffs. While lawmakers at an annual meeting of China's legislature did not answer questions regarding the tariffs, one of China's ...CBS News - 21h -
Trump might meet Canada, Mexico in ‘the middle’ on tariffs: Lutnick
Commerce Secretary Howard Lutnick said he thinks President Trump might consider tariff relief for Canada and Mexico in a compromise, and that an announcement may come Wednesday afternoon. “The ...The Hill - 21h -
North American pipeline company warns Trump tariffs will hit fuel prices
TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy securityFinancial Times - 20h -
Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'
entucky’s bourbon industry is bracing for potential economic fallout after President Donald Trump imposed tariffs on imports from Canada, China and Mexico this week — and after all three countries ...The Hill - 19h