Trumps 25 Tariffs on Steel and Aluminum Imports Take Effect
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Watch live: Trump addresses business leaders amid economic uncertainty
President Trump will give remarks to a room of business leaders Tuesday evening, as concerns around a possible trade war and the impact of tariffs on the U.S. economy mount. Trump's 25 percent ...The Hill - 1d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 4h -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 6h -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - 4d -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - 2d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 3d -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 1d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 2d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 1d -
‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.MarketWatch - 1d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 4h -
Keir Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 2h -
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 - 15h -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 1h -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - 4d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - 2d -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 3d -
Trump Wants Europe to Defend Itself. Here’s What It Would Take.
Replacing what the Americans do for the NATO alliance would take money, personnel, time and cooperation. None of those is easy.The New York Times - 5d -
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 - 16h -
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 - 1d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 1d -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 19h -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 13h -
Mark Carney takes on Trump’s America
New prime minister must still convince Canadians he can deal with the US presidentFinancial Times - 1d -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - 4d -
Trump Has Said ‘No Exceptions’ to His Tariffs. Will That Last?
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.The New York Times - 1d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 4d -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - 4d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 1d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 20h -
Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.The New York Times - 19h -
China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - 4d -
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 - 2d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 1d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 4d -
Lutnick defends Trump tariffs: ‘This is the way you run the country’
Commerce Sec. Howard Lutnick defended President Trump’s approach to tariffs, saying on Sunday the president is focused on stopping fentanyl from entering the country and is actively engaging with ...The Hill - 3d -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 2d -
Trump rejects pleas from business for more clarity on tariffs
President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House for greater clarity about his sweeping tariff agenda.NBC News - 1d -
House GOP blocks Democrats from forcing vote on repealing Trump tariffs
House Republicans on Tuesday approved a provision that would prevent Democrats from forcing votes for the remainder of the year on repealing recent tariffs implemented by President Trump. It ...The Hill - 19h