Latest in China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
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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 - 18h -
Oil prices end higher as U.S. imposes more sanctions on Iran
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.MarketWatch - Feb. 24 -
Trump Envoy Suggests U.S. Companies Could Do Business In Russia Amid Peace Deal
Steve Witkoff says in the event of a peace deal in the Ukraine war, U.S. firms could operate in Russa.Inc. - Feb. 23 -
Trump announces $100 billion investment in U.S. from TSMC, calls it 'most powerful company' in world
President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing to boost U.S. chip building.CNBC - 18h -
Trump announces $100 billion investment in U.S. from TSMC, calling it ‘most powerful company’ in world
Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.NBC News - 11h -
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 - 4d -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - 4d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 4d -
China likely to target US agriculture, state media reports, as Trump tariff deadline nears
Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on Tuesday. China is preparing countermeasures against fresh US import ...The Guardian - 1d -
Trump administration briefing: Vance defends US position on Ukraine; tariffs hit Canada, Mexico and China
China and Canada retaliate after tariffs come into effect – key US politics stories from Monday at a glance. Donald Trump has paused military aid to Ukraine following his clash with the country’s ...The Guardian - 12h -
President Trump to address Congress as new tariffs take effect on Mexico, Canada and China
President Trump will lay out his priorities during an annual address to Congress Tuesday night. Mr. Trump will also talk about what he's already done, including massive cuts to the federal ...CBS News - 2h -
Hochul says Democratic governors won't "sit idly by" as Trump threatens retaliation
New York Gov. Kathy Hochul said Democratic governors won't "sit idly by" as President Trump threatens retaliation if the leaders do not comply with his agenda.CBS News - Feb. 23 -
Chinese investment surge into Vietnam raises risk of Trump retaliation
Shifts to avoid trade war have increased Hanoi’s vulnerability as surplus with US has grownFinancial Times - Feb. 25 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - 5d -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 4d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 3d -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 3d -
Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says
Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.CNBC - 19h -
China puts brakes on US stock listings for homegrown companies
Beijing’s securities regulator concerned about IPOs of companies with small capitalisation and weak fundamentalsFinancial Times - 5d -
China tariffs set to take effect in March
Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 4d -
SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - Feb. 21 -
Europe Warily Watches U.S.-China Trade War
Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in Washington.The New York Times - 2h -
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle ...NBC News - 1d -
Hasbro says it's taking steps to offset China tariff effects
Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.CNBC - Feb. 20 -
US to raise tariffs on China and push ahead with Canada and Mexico levies
Donald Trump says duties on biggest trading partners to take effect on March 4Financial Times - 4d -
What tariffs on Canada, Mexico and China could mean for consumers
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on ...CBS News - 14h -
Copper smelting industry reels from threat of tariffs and China rivals
Fees charged to transform ore have fallen to all-time lows as Glencore halts operations at Philippines plantFinancial Times - 11h -
Trump Said Tariffs Are Coming
Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.The New York Times - 17h -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
Nvidia warns of growing competition from China's Huawei, despite U.S. sanctions
U.S. chip giant Nvidia is increasingly warning investors about competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.CNBC - 5d -
China’s Military Puts Pacific on Notice as U.S. Priorities Shift
China is flexing its military muscle in the region to show that it will not wait for the Trump administration to decide how hard it wants to counter Beijing.The New York Times - 4d -
Restoring Academic Ties With China Is a Matter of U.S. National Security
Decisions on U.S. policy toward China are being made based on diminishing insight into the country’s internal dynamics.The New York Times - 2d -
Zelensky Pushes Back Against U.S. Mineral Deal and Announces European Summit
The Ukrainian leader also said he would step down if Ukraine was allowed to join NATO, though it was unclear if he was serious or not.The New York Times - Feb. 23 -
U.S. Votes Against U.N. Resolution Demanding Russian Withdrawal from Ukraine
The United States opposed a resolution demanding Russian withdrawal from Ukraine, but won Security Council approval of one calling for peace without assigning blame, exposing fissures between allies.The New York Times - Feb. 24 -
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 4d -
Supreme Court to weigh Mexican government's suit against U.S. gunmakers
The Supreme Court is set to consider the Mexican government's effort to hold U.S. gun companies accountable for violence involving trafficked firearms.CBS News - 23h -
Zelenskyy thanks U.S. for support as Europe forges united front against Russia
Ukraine's president, after his clash with President Trump, says he's still open to a possible minerals deal, but his country still needs security guarantees.CBS News - 19h