This is why Trump’s tariff plan has upended the car industry, and it’s not over yet
Read more at MarketWatch
-
Lyft has ‘no obvious answers’ for its growth woes, as its stock declines
One issue for Lyft is a downturn in pricing trends, which numerous analysts keyed in on as they looked to make sense of the path forward.MarketWatch - 30m -
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, data showed.ABC News - 1h -
Germany's once-mighty car industry is in crisis. What will it take to fix it?
With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?BBC News - 15h -
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 17h -
Tequila, mezcal are the only spirits growing in sales, but tariffs would be 'catastrophic,' industry group says
U.S. spirits sales declined in 2024 despite maintaining its market share ahead of beer and wine. Tequila and Mezcal grew, but tariffs could change that.CNBC - 17h -
Why Arab states may not go along with Trump's Gaza plans
President Trump insisted on his plans to take Gaza during his White House meeting with Jordan's King Abdullah II. Mr. Trump is proposing displacing Palestinians to nearby Jordan and Egypt. CBS ...CBS News - 20h -
Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.NBC News - 20h -
Why Trump’s aluminum tariffs won’t ‘radically change’ Coke’s packaging plans
Coca-Cola stock surges after a big revenue beat, and as aluminum tariffs aren’t seen as a having a major impact on packaging costs.MarketWatch - 23h -
UK not planning to hit back at US on steel tariffs
Trade Minister Douglas Alexander said the UK would not have "a knee-jerk reaction" but "a clear-headed" response.BBC News - 23h -
Why is Trump using tariffs and when will they take effect?
Tariffs are a central part of Trump's political vision, but economists warn they could put prices up.BBC News - 1d -
At over $10,000 per kilogram, Africa’s first caviar is surprising the luxury food industry
Yahoo News - 1d -
Trump faces showdown with Jordan's King Abdullah over Gaza plan
The BBC's Lucy Williamson assesses the mood ahead of King Abdullah's talks with Donald Trump.BBC News - 1d -
Why is Trump imposing tariffs and which countries will be hit hardest? - in charts
These graphics explain how the US trade deficit has changed, why Trump may be targeting certain countries with tariffs – and what the impact could be. The US president, Donald Trump, has put global ...The Guardian - 1d -
Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes
Iran has lifted import bans on expensive goods like foreign cars and new iPhones, yielding to public demand for the products while also trying to mask the dire straits of its economyABC News - 1d -
Why US tariffs only compound the EU steel industry’s existential woes
Also in this newsletter: Poland’s very own deregulation supremoFinancial Times - 1d -
Trump has promised reciprocal tariffs. Americans could pay more on imports from these countries.
President Donald Trump has announced his intention to create a reciprocal-tariff regime that increases taxes on the products Americans buy from countries that impose their own high import taxes.MarketWatch - 1d -
Daytona 500 entry list has most cars since 2015
Martin Truex Jr. is in one of the 45 cars entered for the Feb. 16 Daytona 500.Yahoo Sports - 1d -
Steel and aluminum stocks surge on Trump plan to impose 25% tariffs on imports to U.S.
The aluminum tariff would add nearly 30 cents per pound to prices not including transportation and other costs, according to JPMorgan.CNBC - 1d -
Why Trump’s Tariffs on China Might Not Be the Solution
President Trump is tough on China when it comes to trade. He especially points to one number to say we’re being ripped off: our trade deficit. Ana Swanson, who covers trade and international ...The New York Times - 1d -
What to know about Trump plan to impose tariffs on steel and aluminum imports
President Trump says that new 25% tariffs on steel and aluminum imports will be announced Monday. CBS News White House reporter Aaron Navarro has more.CBS News - 2d -
UK steel industry fears ‘devastating blow’ from Trump tariffs; Brussels vows to react; FTSE 100 hits record high – business live
US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect. Trump to announce 25% aluminum and steel tariffs as China’s levies ...The Guardian - 2d -
Trump’s nitwitted Gaza plan
Let’s move the 2 million permanently out of Gaza. But where? And how? And who will take them? Unclear.The Hill - 2d -
How the New Trump Era Has Upended Florida Politics
The recent feud between Gov. Ron DeSantis and the Legislature over immigration is a sign of more jockeying to come among Republicans over the next two years.The New York Times - 2d -
BP is cheaper than its rivals. Now an activist investor has swooped in.
BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake in the integrated oil giant.MarketWatch - 2d -
New Zealand has 'complementary' trade ties with the U.S., finance minister says, as Trump tariff threat looms
Finance Minister Nicola Willis says "New Zealand is distinguished in that we have a very balanced and complementary trade relationship with the United States."CNBC - 2d -
Trump’s Blueprint for Bending the Media Has Nixon Written All Over It
The president’s heavy-handed approach to traditional journalists has the hallmarks of an attempted crackdown 50 years ago.The New York Times - 3d -
European companies warn over Trump tariff uncertainty
Executives left guessing at scale and impact of any US levies on EU importsFinancial Times - 3d -
Trump’s Gaza proposal dashes shipping industry’s Red Sea hopes
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefireFinancial Times - 3d -
Musk says he has no plans to buy TikTok
Tech billionaire Elon Musk said he is not interested in acquiring the video-sharing app TikTok, and has no plans regarding what he would do if he owned it. Musk made the remarks during a virtual ...The Hill - 3d -
Chris Riddell on Donald Trump’s plan to take over and redevelop Gaza – cartoon
The US president said he wanted Palestinians to leave, in an announcement widely condemned as ethnic cleansing. You can buy a copy of this cartoon Continue reading...The Guardian - 3d -
A Trump peace plan for Ukraine?
Reports suggest a proposed US peace plan could be unveiled this week.BBC News - 3d -
Trump says Nippon Steel has dropped plan to buy US Steel
US president warns he could hit Japan with tariffs after vowing to place levies on imports from Canada and MexicoFinancial Times - 4d -
As Trump and Musk Upend Washington, Congressional Phones Can’t Keep Up
In the three weeks since President Trump took office and gave Elon Musk free rein inside the federal government, millions of calls have poured in to members of Congress, jamming the system.The New York Times - 4d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 4d -
Trump Media Is Moving Into the Financial Services Industry
The parent company of Truth Social said it had applied for trademarks for investment products that would allow supporters to invest in the “patriotic economy.”The New York Times - 5d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 5d -
Trump’s Gaza Plan Has Many Pitfalls, Hamas Among the Biggest
President Trump’s proposal to “own” Gaza and transfer its population elsewhere has stirred condemnation and sarcasm, but it is an opening bid and could disrupt a tired diplomatic paradigm.The New York Times - 6d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 6d -
Why the N.F.L. Hired Kyle Smith as Its New Fashion Editor
Kyle Smith’s job isn’t quite like any other in professional sports.The New York Times - 6d
More from MarketWatch
-
I’m a wife and mother. Can I secretly change my will and leave everything to my daughter instead of my husband?
“Happy Valentine’s Day (almost).”MarketWatch - 21m -
Lyft has ‘no obvious answers’ for its growth woes, as its stock declines
One issue for Lyft is a downturn in pricing trends, which numerous analysts keyed in on as they looked to make sense of the path forward.MarketWatch - 30m -
10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data
U.S. government debt aggressively sold off on Wednesday, pushing the benchmark 10-year yield up for a fifth straight session, after the consumer-price index for January exceeded expectations and ...MarketWatch - 39m -
Falling inflation-adjusted yields have cheered investors. Why it may not last.
The yield on 10-year Treasury inflation-protected securities probably won’t keep falling this year despite its recent retreat, according to Capital Economics.MarketWatch - 40m -
Three reasons Nvidia’s stock is still compelling, and why it could rise 30% in the next year
A screen of the S&P 500 still has Nvidia standing out, despite this year’s DeepSeek disruption for the stock.MarketWatch - 45m
More in Business
-
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.CNBC - 7m -
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.CNBC - 10m -
Lyft shares sink 7% on underwhelming fourth-quarter results
Lyft shares shed about 7% after the ride-sharing app reported lackluster fourth-quarter results and weak bookings guidance due to rising competition.CNBC - 15m -
Biogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short
Biogen expects Leqembi and new rare disease and depression treatments to help offset revenue lost from multiple sclerosis products.CNBC - 16m -
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Olipop's annual sales surpassed $400 million in 2024, as competition heats up with rivals like Poppi.CNBC - 17m