Companies Brace for Price Pressures As Trump Tariffs Start to Bite
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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 will 'probably' cut Mexico and Canada tariffs - US commerce chief
Canada's Minister of Foreign Affairs told the BBC's Newsnight her office had not been contacted about the plan.BBC News - 1d -
Trump’s Tariffs Set Off Day of Anger, Retaliation and Market Unease
Global markets fell after steep U.S. tariffs on China, Canada and Mexico went into effect, and as the possible ramifications of a global trade war set in.The New York Times - 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 -
Stocks drop over concerns of a trade war sparked by Trump's tariffs
Concern is growing over the impact of President Donald Trump’s trade war against the United States’ three most important trading partners: Mexico, Canada and China, who are all vowing to retaliate. ...NBC News - 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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Trump says Trudeau ‘trying to use’ tariff fight ‘to stay in power’
President Trump said that Canadian Prime Minister Justin Trudeau is trying to use the escalating trade war as a way to stay in power after the two leaders spoke on Wednesday about Trump’s newly ...The Hill - 1d -
China threatens war on tariffs as Trump administration weighs adjustments
The Trump administration may be weighing adjustments to the president's tariffs on products affecting particular industries. This comes as China issues a stern warning on social media about waging ...CBS News - 1d -
Trump announces 1-month delay on Canada, Mexico tariffs for cars
President Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a meeting with the three major U.S. automakers. Trump spoke with the leaders of ...The Hill - 1d -
Trump offers one-month tariff exemption to U.S. automakers
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.CBS News - 22h -
Carville says Trump ‘trying to harm’ US with actions on Ukraine, tariffs
Democratic strategist James Carville ripped into President Trump's recent moves on Ukraine and tariffs, accusing the president of deliberately hurting the country. “He’s actually trying to harm the ...The Hill - 23h -
Trump held calls with American automakers worried about tariffs
President Trump spoke to the leaders of Stellantis, Ford and General Motors as his tariffs on Canada, Mexico and China took effect. The stock prices for the American automakers fell after Mr. ...CBS News - 23h -
Why is Trump's tariff pause for automakers important for consumers, economy?
The White House announced that President Trump would delay tariffs on cars from Mexico and Canada for 30 days. CBS News' Olivia Rinaldi and Caitlin Huey-Burns have the latest on Trump's tariffs.CBS News - 21h -
Trump grants one-month tariff delay for U.S. automakers
Stocks recorded significant gains Wednesday amid a volatile trading day that largely settled after President Donald Trump granted U.S. automakers a one-month reprieve on new 25% duties imposed on ...NBC News - 22h -
Trump temporarily spares carmakers from US tariffs on Canada and Mexico
After a call with top executives at GM, Ford and Stellantis, president approves one-month exemption from tariffs. US politics live – latest updates Donald Trump has temporarily spared ...The Guardian - 1d -
Trump grants U.S. automakers one-month exception from tariffs
President Trump has granted U.S. automakers a one-month reprieve from the tariffs imposed on imports from Canada and Mexico.NBC News - 1d -
Trump grants 'Big 3' automakers a one-month delay on tariffs
The White House is giving certain automakers a one-month exemption from tariffs on vehicles from Mexico and Canada. NBC News Business and Data Correspondent Brian Cheung and Progressive Farmer's ...NBC News - 22h -
‘We Have Given Him Everything’: Trump’s Tariffs Stun Mexico
President Claudia Sheinbaum’s government made major concessions — and delivered results — to avert President Trump’s 25 percent tariffs. He imposed them anyway.The New York Times - 21h -
The Memo: Trump’s turbulent tariff moves pose risks with voters
President Trump eased his newest tariffs on Wednesday after two days during which those levies roiled financial markets. But the latest tweak only adds to the uncertainty over what Trump’s ...The Hill - 20h -
Majority say US, not other countries, will feel brunt of Trump tariffs: Poll
A majority of Americans in a new poll said that the U.S. and not other countries will feel the brunt of President Trump’s tariffs. When asked about “the cost of tariffs on foreign products imported ...The Hill - 19h -
Trump gives automakers one-month reprieve from tariffs
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.CBS News - 18h -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 16h -
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.The New York Times - 16h -
Carmakers win reprieve from Trump's tariffs on Canada and Mexico
Trump says he will exempt cars from the new import taxes, while continuing his criticism of Canada.BBC News - 11h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 7h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 6h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 7h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 5h -
Trump likely to make more exemptions from Canada, Mexico tariffs: Lutnick
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said ...The Hill - 3h -
Trump says Mexico will not be required to pay tariffs items in USMCA agreement
President Trump posted on social media that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement until early April.NBC News - 3h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 2h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 3h