Latest in 'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
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Trump's tariffs spur stock meltdown
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Wall Street suffers worst day of losses since 2020 The stock market cratered ...The Hill - 16h -
Air freight costs surge as Trump tariffs trigger rush to fly in goods
Price of sending products to the US from China has climbed 37% since start of MarchFinancial Times - 10h -
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.CBS News - 2d -
‘There are no winners’: global companies respond to Trump tariffs
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures. Donald Trump’s sweeping tariffs will upend global trade, adding costs and delays to ...The Guardian - 10h -
Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 3d -
What Trump's new tariff announcement means for American consumers
President Trump announced plans to impose an across-the-board 10% tariff on all U.S. trading partners as well as higher tariffs for other countries. NBC News' Christine Romans breaks down what all ...NBC News - 1d -
This small Alabama fishing town hopes to catch a break with Trump’s tariffs
Amid a flood of cheap imports, shrimpers in Alabama's Bayou La Batre are pleading with the Trump administration for steep tariffs.NBC News - 2d -
Asian countries riven by war and disaster face some of steepest Trump tariffs
Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is China. Business live – latest updates Analysis: Trump’s ‘idiotic’ and flawed tariff calculations stun ...The Guardian - 1d -
Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader
Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours. Canada’s exemption from Donald Trump’s ...The Guardian - 1d -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 3h -
Small Businesses Report Revenue Declines and Dimming Optimism in Fed Report
More small businesses reported decreased revenue rather than gains for the first time since 2021.Inc. - 6d -
Trump’s Tariffs Are Coming, but at a Cost to U.S. Alliances
President Trump is already showing signs of concern that his targets may team up against him.The New York Times - 2d -
Trump's tariffs could mean big business for supply chain software startup LightSource
LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.CNBC - 3d -
Trump’s ‘Liberation Day’ Tariff Details May Not End Companies’ Wait-and-See Spending Strategy
Business leaders, consumers, and investors may learn more about Trump’s additional import duties on Wednesday, but their hesitation to commit to future spending may remain for much longer.Inc. - 1d -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 20h -
‘Only job I know’: tiny Lesotho’s garment workers reel from Trump’s 50% tariffs
Impoverished African country is hit with highest tariff rate, overturning decades of global trade policy. The day after Donald Trump announced sweeping global tariffs, Lesotho’s garment workers ...The Guardian - 2h -
Tariffs Keep Wall Street and Businesses on Edge
President Trump’s latest trade war threat is expected to come into effect this week, but businesses and investors remain unsure about how much it will hurt.The New York Times - 4d -
3/27: CBS Evening News Plus
How auto tariffs will hit Americans' wallets; How cherry blossoms arrived to the U.S.CBS News - 3d -
US car dealers fret as Trump’s tariffs set to take effect
Threat of levies has led to robust sales but analysts expect business to plummet as they begin to hitFinancial Times - 2d -
These bizarre locations have been hit by Trump's tariffs — including an uninhabited island
U.S. President Donald Trump's aggressive and far-reaching "reciprocal tariffs" were signed into effect on Wednesday, hitting over 180 countries.CNBC - 1d -
Markets crater in response to President Trump’s tariffs
It was the worst day for the stock market since 2020 as investors absorbed the potential impact of an escalating trade war. NBC News’ Christine Romans reports on how the Trump administration is ...NBC News - 15h -
Co-op takes £80mn hit from shoplifting
Wave of theft is adding to raft of cost pressures on retail industryFinancial Times - 1d -
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.The New York Times - 4d -
Leavitt: Trump tariffs won’t lead to 'pain' for American-owned businesses or US workers
White House press secretary Karoline Leavitt said President Trump’s tariffs won’t lead to “pain” for U.S. workers or American-owned businesses amid concern after “Liberation Day.” Leavitt joined ...The Hill - 15h -
The 'Dirty 15' percent: Some countries will take a harder hit from Trump's tariffs
Trump has pointed to America's trade deficits as he argues that virtually all trading partners are "taking advantage" of the U.S.CNBC - 3d -
Thousands of Federal Workers Are Losing Their Jobs. That’s a Golden Opportunity for Small Businesses Looking for Talent
A recruiting expert explains how small businesses can find and hire fired federal workers with valuable, in-demand skills.Inc. - 5h -
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.NBC News - 1d -
The Memo: Inside Trump’s big gamble on tariffs
President Trump is set to take the biggest gamble of his second term on Wednesday, when he will announce a fresh round of tariffs. Trump has dubbed Wednesday “Liberation Day,” suggesting that it ...The Hill - 2d -
Donald Trump’s beautiful trade war
The diplomatic cost of the US president’s tariffs will be enduringFinancial Times - 1d -
What foods do Boston Celtics players avoid at all costs?
With replies as varied as junk food to artichokes right out of the gate, you can bet there will be a few here you can relate to.Yahoo Sports - 1d -
Trump says his tariffs could bring in trillions. Economists disagree.
Experts estimate far lower figures in tariffs revenue, warning that President Trump's tariffs could drive up prices for American consumers.CBS News - 1d -
UK expects to be hit by Trump tariffs, No 10 says
Downing Street does not rule out retaliating if new tariffs are imposed on Wednesday.BBC News - 3d -
Businesses brace for new tariffs as Trump is set to unveil details
President Trump is set to announce new tariffs on potentially hundreds of U.S. trading partners in a Rose Garden ceremony at the White House on Wednesday. The White House press secretary says the ...NBC News - 2d -
Mortgage rates sink on tariffs, but housing costs are still near a record high
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.CNBC - 1h -
Trump tariffs: Mark Cuban says to stock up at Walmart and big box stores—but experts warn not to panic shop
The president announced a minimum 10% tariff on imports from a lengthy list of countries. Here's how financial pros say you should respond.CNBC - 21h -
Why Trump's tariffs are so bad for Big Tech
President Trump’s sweeping new slate of tariffs is poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows that are central to tech firms’ ...The Hill - 4h -
Revealed: Norfolk Island and uninhabited Australian territories hit with Trump’s tariffs based on mislabelled shipments
Exclusive : Aquarium systems, Timberland boots and recycling plant parts were mislabelled as coming from remote Norfolk Island or Heard and McDonald islands. Tariffs send US markets tumbling to ...The Guardian - 11h