Trump Unveils Plan for Reciprocal Tariffs They Could Hit in Weeks Or Months
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Trump to hit US steel and aluminium imports with 25% tariffs
Administration will grant no exclusions to any products, officials say, raising risk of trade warFinancial Times - Feb. 11 -
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 - Feb. 11 -
How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.The New York Times - Feb. 11 -
When the pain hits home, Republicans balk at Trump's spending cuts and tariffs
From reducing NIH funding to slashing USAID to new tariffs, Republican lawmakers are beginning to speak out — carefully — against some of Trump's actions.NBC News - 5d -
Trump tariff VAT threat raises fears of hit to UK
The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.BBC News - 4d -
Shein IPO plans hit by Trump’s low-cost parcels crackdown
Fast fashion group was targeting London listing in first half of 2025Financial Times - 4d -
Macron unveils plans for €109bn of AI investment in France
French president speaks ahead of AI summit in Paris involving executives such as OpenAI’s Sam AltmanFinancial Times - Feb. 10 -
National retailers warn of higher prices with reciprocal tariffs
The National Retail Federation (NRF) is warning that higher prices will soon hit Americans as President Trump signs off on reciprocal tariffs on foreign trading partners. “While we support the ...The Hill - 4d -
What are reciprocal tariffs and how will they impact your wallet?
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to discuss what President Trump's reciprocal tariffs could mean for your cost of living.CBS News - 4d -
Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.CNBC - Feb. 11 -
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 - Feb. 10 -
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 - Feb. 11 -
This is why Trump’s tariff plan has upended the car industry, and it’s not over yet
“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.MarketWatch - 6d -
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 - 6d -
McConnell warns of 'big, lingering concerns' with Trump tariff plan
Former Senate Republican Leader Mitch McConnell (Ky.) on Wednesday warned of “big, lingering concerns" with President Trump’s tariff plan. "In recent weeks, the president sought to impose sweeping ...The Hill - 5d -
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 - 3d -
How Trump’s One-for-One Tariff Plan Threatens the Global Economy
In starting a process to impose reciprocal tariffs on American trading partners, the White House is sowing uncertainty and risking inflation.The New York Times - 2d -
Here's how Trump's steel and aluminum tariffs could impact U.S. prices
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.CBS News - Feb. 10 -
How the EU could respond to Trump's steel and aluminum tariffs
President Trump on Monday imposed 25% tariffs on all steel and aluminum imports into the U.S. to the dismay of allies overseas. In a statement released Sunday, the European Commission said it would ...CBS News - Feb. 10 -
How Trump's Gaza plans could destabilize the Middle East
President Trump's proposal on the Gaza Strip could negatively affect U.S. allies in the Middle East. Natasha Hall, a senior fellow for the Center for Strategic and International Studies' Middle ...CBS News - Feb. 11 -
Trump’s mass deportation plan ‘could be possible’: former ICE official
John Sandweg served as acting director of U.S. Immigration and Customs Enforcement under the Obama administration and explains differences with Trump administrationABC News - 6d -
Can America's specialty farmers fill demand if Trump's tariffs hit niche crops?
Many of the specialty foods Americans enjoy are almost entirely imported from abroad. The few growers who cultivate these items domestically say it’s a tough business.NBC News - Feb. 10 -
Trump’s trade tariffs hit Europe as it reels from his Ukraine deal with Putin
Also in this newsletter: Meloni’s Starlink deal with Musk draws ireFinancial Times - 4d -
Iowa State unveils plan for entertainment complex between football and basketball venues
Iowa State athletic director Jamie Pollard has unveiled a master plan for a 94-acre multi-use development between the schools' football stadium and basketball arenaABC News - 6h -
House Republicans unveil blueprint to advance Trump's agenda
House Republicans on Wednesday released a blueprint they intend to use to advance President Trump’s legislative agenda, breaking through an impasse that had stymied the conference for days. The ...The Hill - 6d -
Trump unveils nominees for CFPB director, comptroller of the currency
President Trump sent a new list of nominations to the Senate on Tuesday, unveiling his picks to lead several key financial regulatory agencies in his second administration. Jonathan McKernan was ...The Hill - 6d -
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 - Feb. 10 -
UK rushes forward plans for £2.5bn steel investment after Trump announces tariffs
US president’s announcement prompts government to publish green paper weeks ahead of schedule. The government has rushed forward plans for a £2.5bn investment in the UK steel industry after ...The Guardian - 3d -
Trump's steel tariffs could trigger broader trade war as EU threatens 'proportionate countermeasures'
European Commission President Ursula von der Leyen said U.S. tariffs "will not go unanswered."CNBC - Feb. 11 -
Coca-Cola says Trump tariffs could force it to increase use of plastic in US
Introduction of 25% tariffs on steel and aluminium imports could push up canned food and drink prices. Coca-Cola has said it may have to increase its use of plastic in the US if Donald Trump’s ...The Guardian - 6d -
Trump wants both lower interest rates and tariffs. Here’s how that could backfire.
Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.MarketWatch - 6d -
Trump's Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
'We believe the Auto sector is the most exposed to the risks of increased tariffs,' an analyst said.CNBC - 6d -
Trump’s tariffs could make international stocks more attractive than U.S. investments. Here’s why.
U.S. investors are looking abroad in pursuit of higher stock-market returns.MarketWatch - 6d -
Trump metal tariffs could slow data center growth and disrupt power grid, analyst says
Demand for transformers, a key component in the electric, has exploded as infrastructure ages and power demand rises.CNBC - 5d -
Trump says US prices ‘could go up’ as he threatens new tariffs on trade partners
President says US will impose ‘reciprocal’ duties but no new specific tariffs are announced. US politics live – latest updates Donald Trump threatened to ramp up his economic assault on some ...The Guardian - 5d -
Nissan CEO suggests production could move out of Mexico, citing Trump tariffs
Nissan CEO Makoto Uchida said if President Trump follows through on his plan to impose 25 percent tariffs on imported goods from Mexico, the company might be forced to move its production out of ...The Hill - 1d -
Trump says he could withhold aid from Jordan and Egypt if they reject his Gaza plan
It comes as Jordan's King Abdullah visited the White House on Tuesday.ABC News - Feb. 11 -
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 - Feb. 10 -
NASA announces plan to bring Starliner crew home next month
By switching the next space station crew to a different ferry ship, the Starliner astronauts will get home a bit earlier than planned.CBS News - Feb. 11 -
How the next 18 months could reshape soccer in the U.S. forever
A convergence of marquee events, ambitious reforms and long-awaited decisions could transform soccer in the United States at every level over the next 18 months — if the sport's stakeholders can ...Yahoo Sports - 5d