Tariffs Are Not the Answer Industry and Corporate Leaders React to Trump Duties on Mexico Canada and China
Sort by
Date
-
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 5d -
Mark Carney Becomes Canada’s Prime Minister at Crucial Moment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.The New York Times - 1d -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - Mar. 7 -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 6d -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - 4d -
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.CNBC - 2d -
Tariffs on China could raise wedding dress prices for American brides
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.CBS News - 3d -
Ontario's Premier Doug Ford moving ahead with tariffs on the U.S.
Ontario Premier Doug Ford will start tariffs directed at the United States on Monday, unless President Trump's threat of a trade war with Canada comes to an end.CBS News - Mar. 8 -
Trump hosting leader of Ireland at White House with trade and Ukraine likely on the agenda
President Trump is hosting the taoiseach of Ireland, Micheál Martin, at the White House on Wednesday amid the European Union's pushback against U.S. tariffs on all steel and aluminum imports. CBS ...CBS News - 3d -
Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 3d -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 4d -
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 3d -
EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - 3d -
How Trump Is Helping Liberals Abroad
Voters are rallying behind some leaders who oppose President Trump’s tariffs, threats and insults. There’s a theory that explains why.The New York Times - 2d -
'Filled with arrogance': China lashes out at G7 over statements on maritime security
China has lashed out at accusations it is endangering maritime safety made by top diplomats from the Group of 7 industrialized democraciesABC News - 12h -
Trump’s China strategy seeks ‘containment with a smile’
Trump’s approach will seek to limit the influence and power of China without resorting to open hostility.The Hill - 7h -
Industrial strategy turns from green to battleship grey
Trump’s hard line on Ukraine and Nato poses difficult choices for the UK’s defence industryFinancial Times - 2d -
US-Canada products are 99 percent tariff-free: Canadian ambassador to US
Canada's ambassador to the United States said 99% of products traded between the two nations are tariff-free.The Hill - 4d -
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live
Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...The Guardian - 3d -
Canada braces for new leader: Here are Trudeau’s potential successors
Canada is bracing for Prime Minister Justin Trudeau’s successor, who will follow the Liberal Party leader who has led U.S.’s neighbor to the north since the Obama administration, The Associated ...The Hill - 6d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 5d -
Avocado grower Mission Produce says it will try to work around Mexico tariffs, but holds off on predicting exact impact
Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn’t include the impact of those extra ...MarketWatch - 4d -
Democrats react to Schumer supporting Republican push to avoid a government shutdown
Democratic lawmakers are reacting to Senate Minority Leader Chuck Schumer planning to vote to keep the government funded through a continuing resolution presented by Republicans in Congress. CBS ...CBS News - 1d -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - 5d -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 3d -
Texas official on Chinese tariffs: Running into 'little rough spell' is 'fine'
Texas Agriculture Commissioner Sid Miller said farmers may have a “little rough spell” under President Trump’s new tariff policies with China but the demographic should be “fine” in the long run. ...The Hill - 4d -
In the battle for blockchain leadership, American innovation is the answer
China has been investing heavily in blockchain technology, but the U.S. has the capacity to outcompete them and should continue to develop responsible regulations for blockchain to maintain its ...The Hill - 1d -
Commerce Secretary Lutnick defends Trump's tariffs: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with ...CBS News - 3d -
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. Canada announced retaliatory tariffs on nearly C$30bn worth of American imports ...The Guardian - 2d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 5d -
Car industry urges UK government to create new EV incentives
Automotive body says current policy is leading to job losses and has become a ‘driver of de-industrialisation’. Fresh incentives to boost a flatlining electric car market are urgently needed, ...The Guardian - 2d -
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.The New York Times - 2d -
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 - 3d -
Trump's quest to conquer Canada is confusing everyone
Canadians and Republicans alike are confounded as President Donald Trump increasingly links a trade war to his push to annex Canada.NBC News - 1d -
Live updates: Trump meets with NATO leader; judge blasts effort to fire federal workers
The Senate must pass a short-term funding bill before the government shutdown, while the White House has pulled its nominee for the CDC and President Trump has threatened Europe with more tariffs ...The Hill - 2d -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - 5d -
Canada files WTO complaint over US steel, aluminum tariffs
Canada has filed a complaint with the World Trade Organization (WTO), asking it to dispute consultations with the U.S. regarding the tariffs on certain aluminum and steel products coming from ...The Hill - 2d -
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs
Education secretary Linda McMahon describes layoffs as ‘significant step towards restoring greatness’ – key US politics stories from Tuesday at a glance. The US Department of Education intends ...The Guardian - 3d -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 3d -
Make Canada boring again
Trump seems determined to break the association of Canada with boredom — by wreaking havoc upon one of the world’s most positive bilateral relationships.The Hill - 4d