Latest in China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan
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Trump reacts to European Union slapping tariffs on U.S. goods
President Trump reacted to news of the European Union's retaliatory tariffs on U.S. goods set to take effect in April. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 12 -
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 - Mar. 12 -
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 -
The cost of U.S. imports jump in February. Is it the Trump tariff effect?
The cost of imports rose faster than usual in February, perhaps a result of U.S. companies rushing to bring in foreign goods ahead of President Donald Trump’s tariffs.MarketWatch - 4d -
China unveils plan to ‘vigorously boost’ weak consumption
Policymakers seek to spur demand as economy battles deflationary pressureFinancial Times - 5d -
Mark Carney Becomes Canada’s Prime Minister at Crucial Moment
Mark Carney, a central banker turned politician, steps into his role at a crucial moment as President Trump sets his sights on Canada’s sovereignty and keeps threatening more tariffs.The New York Times - Mar. 14 -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - Mar. 13 -
This sector may be the ‘accidental beneficiary’ of a U.S. growth scare, says JPMorgan
Emerging markets may be helped by a weaker dollar and lower U.S. interest ratesMarketWatch - 5d -
USDA cuts funding for school, food bank programs
The U.S. Department of Agriculture is cutting two pandemic-era programs that provide more than $1 billion combined in federal funding for schools and food banks to buy food directly from local ...CBS News - Mar. 13 -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - Mar. 10 -
Stocks drift higher as investors await Fed decision on interest rates
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.CBS News - 3d -
The Fed holds rates firm—here's what it means for your money
Borrowing costs will drop slightly by the end of 2025, says a newly revised forecast by the Federal Reserve.CNBC - 2d -
Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - Mar. 12 -
Irish pub owner reacts to Trump's tariff threats on European alcohol
President Trump has threatened tariffs as high as 200% on European wines, spirits and beer. Janet Shamlian visited a pub in Chicago, where owner Aine O'Brien is concerned about how they could ...CBS News - 4d -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 18m -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - Mar. 12 -
Let Only Red Flowers Bloom — Emily Feng on what it is to be Chinese
A swansong for a vanishing world and a moving account of the pressures and persecutions in Xi’s ChinaFinancial Times - 2d -
Greenland's leader says Trump's threats are fueling mistrust of U.S.
Ahead of Greenland's election, its prime minister says Trump's rhetoric makes residents less inclined to accept his offer "to be a part of" the U.S.CBS News - Mar. 10 -
Senate Democrats call for USDA funding for local food banks, schools to be restored
Senate Democrats called on the U.S. Department of Agriculture (USDA) to restore funding to local food banks and schools, after it canceled $1 billion in food purchase programs throughout the ...The Hill - 5d -
Chainsaws, coffeemakers, gum: How the E.U. is targeting U.S. products with retaliatory tariffs
The European Union is planning new tariffs on a wide range of U.S. imports next month in response to President Donald Trump’s new taxes on imported aluminum and steel that went into effect Wednesday.MarketWatch - Mar. 12 -
Europe Delays Tariffs on U.S. Whiskey to Make Time to Negotiate
The European trade commissioner said U.S. officials wanted to start negotiating only after a fresh set of Trump administration tariffs would take effect on April 2.The New York Times - 2d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - Mar. 10 -
Trump doubles down on tariff threat: ‘I’m not going to bend’
President Trump called the European Union “hostile and abusive” and threatened to slap a 200 percent tariff on European alcohol if the E.U. does not drop its 50 percent levy on American whiskey. ...NBC News - Mar. 13 -
A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.
In the first 50 days of his second term, President Trump’s penchant for imposing and then suspending tariffs has shaken markets and confounded trading partners.The New York Times - Mar. 13 -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - Mar. 13 -
Investors are fleeing U.S. stocks as tariff risks loom
Mounting concerns about the Trump administration's trade policies are driving institutional investors away from U.S. stocks.CBS News - 3d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - Mar. 13 -
Pochettino welcomes pressure from Trump and says USA can be the best soccer team in the world
Mauricio Pochettino predicts the United States can dominate soccer and Donald Trump will put pressure on him to deliver at next year's World Cup. The U.S. men's national team coach believes it is ...Yahoo Sports - 3d -
Trump denies Elon Musk will be briefed on China at Pentagon
Elon Musk is set to make a high-profile visit to the Pentagon on Friday as U.S. defense officials tell NBC News he is expected to get an unclassified briefing that will include China. Trump denies ...NBC News - 1d -
Trump tariff uncertainty pushes BoJ to hold rates
Risk of potential US downturn weighs on Tokyo’s hope for economic revivalFinancial Times - 3d -
Powell acknowledges ‘uncertainty’ as Fed juggle growth and inflation risks
Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this yearFinancial Times - 2d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - Mar. 12 -
China can live with Trump’s tariffs – his bullish foreign policy will help Beijing in the long term | Steve Tsang
By turning his back on US allies and global institutions, Trump will help Xi Jinping advance his plan for a China-centric world. Is Donald Trump China’s worst nightmare or a dream come true? He is ...The Guardian - Mar. 12 -
China, Russia and Iran call for end to US sanctions and the restart of nuclear talks
Representatives of China, Russia and Iran called for an end to U.S. sanctions on Iran over its rapidly advancing nuclear program and a restart to multinational talks on the issueABC News - Mar. 14 -
US communications regulator to create council to counter China tech threats
Move comes as FCC’s remit has broadened in face of hostile acts by BeijingFinancial Times - Mar. 12 -
China Backs Iran in Nuclear Talks, Slams ‘Threat of Force’ From the West
Beijing sought to position itself as a key player in negotiations with Iran over its nuclear program, as President Trump called for talks with Tehran.The New York Times - Mar. 14 -
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US makes fresh push for World Bank to back nuclear power
New administration wants Washington-based multilateral lender to help the west compete with China and RussiaFinancial Times - Mar. 9 -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - Mar. 12 -
Keir Starmer’s poll ratings leap after Trump withdraws support for Ukraine
Around 30% of voters say they prefer Labour for dealing with ‘allies against threats to the UK’ in boost to party leader. Keir Starmer’s approval ratings have shot up since Donald Trump returned to ...The Guardian - Mar. 8