Latest in Auto suppliers face more dire circumstances than automakers amid Trump tariffs
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Auto suppliers face more dire circumstances than automakers amid Trump tariffs
Auto suppliers face more dire circumstances than automakers over President Donald Trump's tariffs, but their problems could quickly impact the broader industry.CNBC - 8h -
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive suppliers harder than automakers, but their problems could quickly have ripple effects on ...NBC News - 8h -
Trump says Iran will suffer 'dire' consequences for any more Houthi attacks
President Donald Trump on Monday said that further attacks or retaliation by the Houthis would be considered an attack by Iran and it would face “dire” consequences.ABC News - 2d -
‘Stock vigilantes’ are more myth than reality
Trump’s administration has expressed more tolerance for the economic fallout from tariffs than expectedFinancial Times - 22h -
Trump tariffs could add more than $9,000 to new home costs, builders say
Homebuilders say President Trump's tariff agenda is making construction and renovation projects more expensive.CBS News - 2d -
More than 50 universities face federal investigations as part of Trump's anti-DEI campaign
More than 50 universities are being investigated for alleged racial discrimination as part of Trump’s campaign to end diversity, equity and inclusion programs.NBC News - 5d -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 1d -
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 - Mar. 10 -
President Trump defends tariffs against allies and threatens more amid volatility in markets
President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed ...CBS News - 5d -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - Mar. 11 -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - Mar. 10 -
Trump’s Tariff Threats Are Driving Carmakers Crazy
Automakers looked forward to his return to the presidency, only to find themselves struggling under the weight of his tariff threats.The New York Times - 5d -
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 - Mar. 7 -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - Mar. 12 -
Tesla warns that Trump's trade war could hurt U.S. automakers
In an unsigned letter, Tesla encourages trade representative to reconsider tariffs, saying they could hurt U.S.-based car manufacturers.CBS News - 5d -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - Mar. 11 -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - Mar. 11 -
Details on Trump's threat of 200% tariff on alcohol from European Union
The Dow lost more than 500 points Thursday and the Nasdaq dropped more than 300 as investors reacted to President Trump's threat to impose a 200% tariff on European Union exports of wine, ...CBS News - 5d -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - 2d -
What auto bosses worry will be Trump’s next target in tariff war
Executives are concerned that levies on components could be in the president’s sightsFinancial Times - 1d -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - Mar. 9 -
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 - Mar. 12 -
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 - Mar. 10 -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - Mar. 12 -
‘Slap in the face’: AOC condemns Schumer over plan to vote for Republican funding bill – as it happened
This blog is now closed. You can read the latest story here . Luxury Italian sports car manufacturer Ferrari says it is ready for countermeasures if US President Donald Trump imposes hefty ...The Guardian - 6d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - Mar. 12 -
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 - Mar. 11 -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - Mar. 11 -
Trump creates 2026 FIFA World Cup task force
"I think it's going to make it more exciting," Mr. Trump said of playing the World Cup amid sharp rhetoric between leaders of the host nations amid the on-again, off-again tariffs.CBS News - Mar. 7 -
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 - Mar. 8 -
In Trump's first 50 days, more than 32,000 ICE arrests
More than 32,000 undocumented immigrants were arrested by U.S. Immigration and Customs Enforcement in the first 50 days of President Trump's second term, the agency said this week. Camilo ...CBS News - 6d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - Mar. 10 -
Almonds, whiskey, auto parts: EU's retaliatory tariffs set up these U.S. states and local products as the biggest losers
From California almonds to Tennessee whiskey and Michigan auto parts, some states and sectors will be hit hardest by U.S.-EU 'tit for tat' tariffs war.CNBC - 5d -
Johns Hopkins University to let more than 2,000 workers go after Trump's USAID cuts
Johns Hopkins University said it would eliminate more than 2,000 jobs after the Trump administration rescinded funding for thousands of international aid projects.NBC News - 5d -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - 5d -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - Mar. 11 -
Trump claims Putin will be more 'generous' in peace talks than 'difficult' Ukraine
Even though President Donald Trump threatened Russia with sanctions, he claimed President Vladamir Putin is more "generous" when it comes to ending the war.ABC News - Mar. 7 -
Flight cancellations at Germany’s Hamburg Airport affect more than 40,000 passengers after strike
Flight cancellations at Hamburg Airport after a surprise strike by workers affected more than 40,000 passengers on Sunday, a day before a planned wider protest across Germany amid new contract ...NBC News - Mar. 9 -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - Mar. 10 -
Trump says Ukraine 'more difficult' to deal with than Russia
It may be 'easier dealing with' Moscow than Kyiv, the US president told reporters in the White House.BBC News - Mar. 8