Stocks Slump as Trump Tariffs Take Effect

Wall Street has wiped out the gains made since President Trump’s election victory, as investors’ hopes of business-friendly policies have given way to fears over tariffs.

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Stocks tumble after Trump tariffs take effect

The Trump administration's long-promised tariffs took hold on Tuesday.
ABC News - 4h
Trump's tariffs on Canada and Mexico to take effect in hours

The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and ...
CBS News - 1d
Tuesday Briefing: Trump’s Tariffs Set to Take Effect

Plus, Sean Baker’s big Oscar wins.
The New York Times - 1d
Stocks tumble for second straight day as tariffs take effect

Stocks fell Tuesday amid renewed fears of a wider trade war as tariffs long threatened by the Trump administration came into effect.
NBC News - 4h
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect

More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.
The New York Times - Feb. 25
Trump says Canada, China and Mexico tariffs will take effect next week

President Donald Trump said Thursday that 25% tariffs on goods imported from Canada and Mexico would go into effect Tuesday, alongside yet another 10% layer of duties on China following one that ...
NBC News - 5d
Trump’s tariffs take effect: What prices are set to increase?

President Donald Trump’s sweeping tariffs on imports from Canada, Mexico and China took effect at midnight. Reporting for TODAY, NBC’s Christine Romans says it’s only a matter of time until ...
NBC News - 14h
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 - 5h
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 - 4h
China tariffs set to take effect in March

Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.
CBS News - 5d
Trump says 25% tariffs on Canada and Mexico still set to take effect tomorrow

Ukrainian President Volodymyr Zelenskyy said yesterday that he believes he will be able to salvage his relationship with the United States after President Donald Trump and Vice President JD Vance ...
NBC News - 1d
President Trump to address Congress as new tariffs take effect on Mexico, Canada and China

President Trump will lay out his priorities during an annual address to Congress Tuesday night. Mr. Trump will also talk about what he's already done, including massive cuts to the federal ...
CBS News - 12h
Wall Street slumps after Trump says tariffs will begin on March 4

Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
CBS News - 1d
Hasbro says it's taking steps to offset China tariff effects

Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.
CNBC - Feb. 20
Justin Trudeau delivers remarks as U.S. tariffs take effect

Watch live coverage as Canadian Prime Minister Justin Trudeau delivers remarks on the U.S. tariffs and how Canada will respond to President Trump's policy.
NBC News - 12h
Trump’s Tariffs on Canada, Mexico and China Snap Into Effect

President Trump imposed hefty tariffs on the United States’ largest trading partners on Tuesday, roiling global relations and sending shock waves through industries that depend on trade.
The New York Times - 21h
Trump’s Tariffs Hit Stock Markets

Global leaders are retaliating and investors have sold off stocks in Asia and Europe.
The New York Times - 13h
Panama dealing with "reverse migration" trends as Trump's policies take effect

Panama is dealing with migrants headed south as the Trump administration's new immigration policies change their outlook of living in the U.S. CBS News' Lilia Luciano reports.
CBS News - 4d
Trump: 25 percent tariffs on Canada and Mexico will go into effect Tuesday

President Trump said Monday that the 25 percent tariffs on Canada and Mexico will officially go into effect Tuesday, announcing there is no room for dealmaking to delay them again. “The tariffs, ...
The Hill - 1d
Trump says Mexico and Canada tariffs will go into effect as planned

President Trump on Monday said tariffs are "all set" to go into effect overnight, and that there is "no room" for Mexico and Canada to avoid them.
CBS News - 1d
Trump says 25% tariffs on Mexico and Canada will go into effect

President Trump says tariffs on Mexico and Canada are “all set” and that there is no room left for negotiation. The auto industry is expected to be particularly impacted by the 25% tariffs. NBC ...
NBC News - 1d
Mexico and Canada tariffs will go into effect as planned, Trump says

President Trump said that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada as planned, after taking a month for aides to negotiate a potential ...
CBS News - 1d
China and Canada retaliate after Trump trade tariffs come into effect

Markets tumble as US president’s levies against Canada, Mexico and China come into effect. China and Canada unveiled retaliatory measures against the US after Donald Trump imposed his sweeping ...
The Guardian - 17h
Wall Street's rout deepens as Trump's new tariffs go into effect

Stocks tumbled for a second consecutive trading day as President Trump's new tariffs go into effect on the U.S.'s biggest trading partners.
CBS News - 9h
European stocks fall after Trump’s tariff warnings

US president has threatened 25% duties on EU imports as well as levies on other major trading partners
Financial Times - 5d
FirstFT: Trump tariffs hit global stock markets

Also in today’s newsletter, US suspends Ukraine military aid and global government borrowing set to hit record
Financial Times - 15h
Trudeau slams Trump's tariffs as stocks plunge

Canadian Prime Minister Justin Trudeau is calling out President Trump's tariffs levied. This comes as the stock markets show signs of panic among investors over the tariffs. CBS News' Lana Zak has ...
CBS News - 8h
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase

President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...
The Hill - 5d
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 - 6h
Ontario halts US alcohol sales as Trump tariffs take hold

Liquor bottles are flying off the shelves in Canada, but not because they are being sold. The Liquor Control Board of Ontario says it is pulling American-made spirits in response to the U.S. and ...
The Hill - 4h
Op-ed: Tesla's stock slump is a glimpse of the future of the multinational corporation, and it's not good

U.S. corporations are now viewed abroad as extensions of Trump's American foreign policy, exposing them to backlash. The market damage will get worse yet.
CNBC - Feb. 25
Jim Cramer lists stocks that could withstand the impact of Trump's tariffs

CNBC's Jim Cramer on Thursday opined on the market instability caused by some of President Donald Trump's tariff decisions.
CNBC - 5d
These 4 stocks have limited exposure to Trump's tariffs set to start Tuesday

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CNBC - 1d
Stocks fall after Trump confirms Mexico, Canada tariffs are set to begin

Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.
CBS News - 1d
Stocks tumble after Trump says long-threatened tariffs are coming

Investors dumped stocks on Wall Street late Monday after President Donald Trump said his threatened tariffs on Canada and Mexico would go forward as planned early Tuesday.
NBC News - 1d
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans

The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
The New York Times - 1d
The Stock Market Is Suddenly Treating Trump’s Tariffs Like a Real Threat

The S&P 500 just had its worst day of 2025.
Inc. - 11h
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 - 7h