Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates

• Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation

  Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.
  
  CBS News - 11m
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  Trump’s Tariffs on Steel and Aluminum Take Effect

  President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.
  
  The New York Times - 2h
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  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 - 31m

• We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports

  The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.
  
  CNBC - 3h
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  America's allies hit back as the Trump administration imposes 25% tariffs on steel and aluminum imports

  The U.S. raised tariffs on steel and aluminum imports to 25% as President Trump digs in on trade policies that have rocked financial markets.
  
  NBC News - 21h
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  Trump tariffs on steel and aluminum come into effect amid US-Canada trade war

  European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...
  
  The Guardian - 5h
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  Commerce secretary says 25% tariffs on steel and aluminum will go into effect Wednesday

  During an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick explains which tariffs will take effect and which have been postponed by President Donald Trump.
  
  NBC News - 2d
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  Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens

  The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.
  
  The New York Times - 1h
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  Europe retaliates after 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 - 2h

More from CNBC

• We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports

  The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.
  
  CNBC - 3h

• Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

  Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.
  
  CNBC - 33m

• Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'

  Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.
  
  CNBC - 6h

• Moscow wary of 'jumping the gun' after the U.S. and Ukraine unite over a ceasefire deal

  The Kremlin broke silence on Wednesday, delivering its initial reaction to Kyiv and the White House's unilateral agreement proposing a temporary ceasefire.
  
  CNBC - 1h

• China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says

  Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.
  
  CNBC - 34m

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  Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions

  Markets steadied on Wednesday, despite uncertainty spurred by tit-for-tat tariffs and the direction of the Trump administration’s economic policy.
  
  The New York Times - 5m

• Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma

  Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.
  
  CNBC - 6m

• Amazon, Google and Meta support tripling nuclear power by 2050

  The pledge is nonbinding, but highlights the growing support for expanding nuclear power among leading industries, finance and governments.
  
  CNBC - 10m

• Pony.ai CEO on Tesla's robotaxis: 'We haven't seen their large scale testing yet'

  James Peng also noted the progress made by Alphabet's Waymo in deploying its autonomous ride-hailing cars on U.S. roads.
  
  CNBC - 11m

• India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target

  The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.
  
  CNBC - 13m