Latest in As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
Sort by
938 items
-
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.The New York Times - 18h -
How Canadians Are Directing Their Ire at the U.S. Over Trump’s Tariffs
Canadians are shunning American products and abandoning trips to the United States to protest the economic punishment President Trump has threatened to impose with tariffs.The New York Times - 5d -
Canadian leader threatens to cut off energy to some U.S. states over Trump's tariffs
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.CBS News - 10h -
Canadian stores pull U.S. liquor from shelves as Trump's tariffs take effect
As tariffs set by the Trump administration on Canada and Mexico came into effect on Tuesday, Canadians discovered empty shelves where American liquor products were once stocked.NBC News - 7h -
Trump tariff impact on Canadian industries
President Trump's tariffs are already putting pressure on multiple Canadian industries. CBS News national correspondent Lana Zak spoke about the issue with the leader of the Windsor-Essex Chamber ...CBS News - 14h -
‘The relationship is broken’: Canadians respond to Trump’s tariffs
Many plan to boycott US goods and say they will not cross the border while Trump is in office. “Since Donald Trump began his tariff threats against Canada and his ‘jokes’ about making Canada the ...The Guardian - 17h -
Trump’s tariffs will bring ‘nothing but pain’ to rural America, farmers say
Agriculture industry warns customers are looking elsewhere for key commoditiesFinancial Times - 1d -
Trump's tariffs risk economic turbulence - and voter backlash
Trump is making a high-stakes bet that could either reap major political dividends, or seriously undercut his second term.BBC News - 2d -
Canadian soccer coach blasts Trump's 'ridiculous' comments on nation becoming 51st state
The American coach of the Canadian men’s national soccer team blasted President Donald Trump on Wednesday amid icy geopolitical tensions between the neighbors.NBC News - 6d -
Even ‘Real Housewives’ Star Erin Lichy Is Preparing for Trump’s Tariffs
The serial entrepreneur talks the growth of her mezcal brand Mezcalum and why she’s never bootstrapping a business again.Inc. - Feb. 21 -
Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’
US president’s plan could prove to be an economic shock to both blocs, German thinktank says. Business live – latest updates Donald Trump’s threatened 25% tariffs on EU imports could trigger ...The Guardian - 6d -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - Feb. 22 -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 6d -
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.CNBC - 1d -
'Tariff taskforce': Pharma firms scramble to prepare even as Trump levies risk flouting WTO rules
Europe's pharmaceutical firms are rushing to prepare for the potential fallout of U.S. import duties, even as analysts warn that levies on the sector could break global trade rules.CNBC - 1d -
Canada slaps 25% retaliatory tariffs on U.S. goods
Canada is responding to President Trump's tariffs with retaliatory 25% tariffs on U.S. goods. CBS News national correspondent Lana Zak has more on the impact of the tariffs between the U.S. and ...CBS News - 1d -
Here's how tariffs will hit the U.S. housing market
Tariffs could increase builder costs anywhere from $7,500 to $10,000 per home, according to the chief economist of the National Association of Home Builders.CNBC - 1d -
White House announces tariffs pause for U.S. automakers
President Trump's administration announced a one-month tariffs pause for U.S. automakers. This comes as stocks dove after Mr. Trump's tariffs took effect. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - 11h -
K-pop stocks defy South Korea's political and economic woes — as well as Trump tariff threats
There is one sector that has offered hope to investors this year. One of South Korea's largest cultural exports: K-pop.CNBC - 1d -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - Feb. 20 -
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.The New York Times - Feb. 21 -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - Feb. 21 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state
From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.CNBC - Feb. 25 -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 6d -
Breaking down Trump's meeting with U.K.'s Starmer, tariffs on U.S. allies
President Trump met with British Prime Minister Keir Starmer on Thursday to discuss ending the Russia-Ukraine war and establishing new trade deals. CBS News chief White House correspondent Nancy ...CBS News - 6d -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 6d -
U.S. set to unleash tariffs on Canada, Mexico and other countries
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.CBS News - 5d -
Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats
President Trump said he would impose potentially devastating tariffs on Tuesday, inspiring patriotism in Canada.The New York Times - 4d -
How U.S. tariffs on Mexico, Canada could impact American consumers
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...CBS News - 2d -
How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada
President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.The New York Times - 2d -
Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry
Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.MarketWatch - 2d -
Chinese-owned factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.CBS News - 2d -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 2d -
U.S. imposes new tariffs and wildfires burn in South Carolina: Morning Rundown
U.S. trade war heats up as China, Canada retaliate. Fired NOAA workers warn about ability to forecast hurricanes and tornadoes. The return of the firing squad.NBC News - 1d -
Eye Opener: Global markets react to new U.S. tariffs
Global markets react to new U.S. tariffs on imports from Mexico, Canada and China as President Trump gets ready to speak to Congress. Also, the Trump administration temporarily suspends all ...CBS News - 1d -
Trade tensions heat up as China and Canada retaliate against U.S. tariffs
China and Canada on Tuesday retaliated against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners.NBC News - 1d -
Trade war escalates as U.S., Canada and China impose new tariffs
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, ...CBS News - 1d -
Justin Trudeau delivers remarks as U.S. tariffs take effect
Watch live coverage as Canadian Prime Minister Justin Trudeau delivers remarks on the U.S. tariffs and how Canada will respond to President Trump's policy.NBC News - 1d -
Will Trump’s tariffs push the U.S. economy into recession? Many economists think so.
Tariffs will affect corporate hiring and put U.S. manufacturers operating globally in a difficult situation, economists say.MarketWatch - 1d