Trumps Tariff Plan Is Looking Potentially Disastrous for Inflation
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Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for ...MarketWatch - 5d -
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 - 5d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 4d -
Wholesale prices flat in February PPI report; Trump threatens 200% tariffs on alcohol from EU
The Producer Price Index was flat in February, showing a yearly increase of 3.2%, below economist expectations. CBS News MoneyWatch correspondent Kelly O'Grady has more on the report and President ...CBS News - 3d -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 3d -
Stocks Rebound After S&P’s Fall Into Correction, but Trump Tariffs Keep Markets on Edge
The gains on Friday were the biggest daily jump since President Trump’s election. But they weren’t enough to overcome steep tariff-induced losses earlier in the week, and the S&P 500 remained in ...The New York Times - 2d -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - 1d -
Where Trump's tariffs will hit your grocery list, from avocados to frozen fish
President Donald Trump’s suspended tariffs on many goods from Canada and Mexico are set to take hold April 2, with more import taxes on other products and countries coming soon.NBC News - 1d -
Darnold to apply lessons from disastrous '24 finish
New Seahawks quarterback Sam Darnold is hoping to apply the lessons he learned from the disappointing end to his 2024 season, when he unraveled in two straight losses.ESPN - 2d -
Johnson looks to pass stopgap as government shutdown deadline looms
Speaker Mike Johnson (R-La.) is looking to lock down the votes to pass his stopgap funding bill and avert a government shutdown by Friday’s deadline, as he works to keep the lights on in Washington ...The Hill - 6d -
Slotkin slams 'reckless' approach to tariffs: 'I just want a scalpel and not a sledgehammer'
Sen. Elissa Slotkin (D-Mich.) said Sunday that most Democrats don't oppose tariffs altogether, but she criticized President Trump's approach as "reckless." "Most of us aren't against tariffs, full ...The Hill - Mar. 9 -
Drug policy expert on fentanyl crisis and tariffs
Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...CBS News - 6d -
U.S. envoy reportedly in Moscow to meet with Putin about potential Ukraine ceasefire
Russian media is reporting President Trump's special envoy for Russia and Ukraine, Steve Witkoff, has arrived in Moscow as the U.S. prepares to present Russia with a 30-day ceasefire proposal that ...CBS News - 3d -
Trump’s coercion descends into chaos
The US’s tariff policy evokes bafflement as well as fearFinancial Times - 6d -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - Mar. 7 -
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 -
European Union announces retaliatory tariffs on these popular U.S. goods
The European Union is targeting certain emblematic U.S. goods as a response to President Trump's recent tariffs on aluminum and steel. CBS News' Olivia Rinaldi reports.CBS News - 4d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 4d -
Trump and Putin to speak Tuesday, Trump says
President Donald Trump plans to speak on Tuesday with Russian President Vladimir Putin amid the U.S. president’s efforts to end Russia’s war in Ukraine.ABC News - 26m -
Trump, Johnson on Rep. Massie's stance against plan to avoid government shutdown
President Trump is slamming Kentucky Rep. Thomas Massie over his position on the continuing resolution to keep the government funded. Meanwhile, House Speaker Mike Johnson says he will have enough ...CBS News - 5d -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 1d -
Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy
Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact” on ...MarketWatch - 3d -
State Reforms + the State of Reform
We look at plans for a civil service shake-up and at division in Reform UK.BBC News - Mar. 9 -
Investors are anxious about Trump’s tariffs. Here’s what financial advisers are telling them to do.
Uncertainty surrounding tariff policy has rattled markets, and volatility is the highest it’s been all year.MarketWatch - Mar. 9 -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - Mar. 9 -
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 - 5d -
The Memo: Trump, amid tariff tangle, sounds serious about bringing Canada into US
President Trump’s tariff policies sparked another day of political and financial-market turmoil Tuesday — along with new recognition that he really may be serious about trying to make Canada part ...The Hill - 4d -
Live Updates: Trade Fight Widens as Europe and Canada Retaliate Against Trump Tariffs
As President Trump’s global tariffs on metals took effect, the European Union and Canada announced billions of dollars in levies on American goods. Economists worried that the trade war could over ...The New York Times - 4d -
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want "lower tariffs everywhere.” ...The Hill - 4d -
Trump slams EU for reciprocal tariffs while sitting next to Irish prime minister
President Trump hosted Ireland's prime minister at the White House for St. Patrick's Day. It comes as the European Union, which Ireland is a part of, is set to impose tariffs on $28 billion worth ...CBS News - 4d -
Trump vows he's 'not going to bend at all’ on tariffs despite stock market corrections
CNBC Senior Economics Reporter Steve Liesman and NBC News Senior White House Correspondent Kelly O’Donnell join Meet the Press NOW to report on President Trump’s tariff policy and comments in the ...NBC News - 3d -
Trump administration briefing: Judge reinstates some fired workers, more tariff threats on EU
Judge says it is a ‘lie’ that employees at federal agencies had performance issues; Trump mulls EU alcohol tariff – key US politics stories from Thursday at a glance. A federal judge in California ...The Guardian - 3d -
Nato’s Rutte meets Trump with Europe’s security on the line
Also in this newsletter: France’s plan to save European steelFinancial Times - 4d -
Wholesale inflation flattens out in February in another sign of easing inflation
Wholesale prices were unchanged in February, offering more evidence that inflation pressures eased somewhat in early 2025.MarketWatch - 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 - 3d -
The alcohol trade war has broken out — and is coming for your glass of wine
President Donald Trump on Thursday threatened 200% tariffs on alcoholic products from the European Union, saying the import taxes would come “shortly” unless the E.U. backs down from its plan to ...MarketWatch - 3d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 5d -
A look at the history of Greenland, from Viking raiders to Donald Trump
Greenland is having a moment in the international spotlightABC News - Mar. 10 -
AP reporter spars with White House over tariffs
White House press secretary Karoline Leavitt on Tuesday clashed with a reporter with The Associated Press over President Trump’s use of tariffs after granting the outlet a rare question during a ...The Hill - 5d -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - Mar. 7