Latest in China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
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Trump directs investigation preceding potential copper tariffs
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...The Hill - 6d -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - 6d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 6d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 5d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 5d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 4d -
When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.The New York Times - 4d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 4d -
Currency investors grow wary of bets on Trump tariffs
FX volatility expectations fall after traders ‘burned’ trying to react to US president’s trade threatsFinancial Times - 2d -
Deadline looms for Trump’s Canada, Mexico tariffs
Plus: RFK Jr. touts measles vaccine amid outbreak {beacon} 12:30 REPORT It’s Monday. This is a big week in Washington with President Trump’s Tuesday evening joint address to Congress. Reminder: ...The Hill - 1d -
Nissan and Stellantis Could Be Hit Hardest by Trump’s Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.The New York Times - 1d -
Trump's tariffs on Canada and Mexico to take effect in hours
The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and ...CBS News - 18h -
Tuesday Briefing: Trump’s Tariffs Set to Take Effect
Plus, Sean Baker’s big Oscar wins.The New York Times - 19h -
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 - 16h -
Stocks fall as Trump’s tariffs take effect
China and Canada retaliate as fears deepen over global trade warFinancial Times - 13h -
FirstFT: Trump tariffs hit global stock markets
Also in today’s newsletter, US suspends Ukraine military aid and global government borrowing set to hit recordFinancial Times - 7h -
Target warns Trump’s tariffs could cut into profits
Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarterFinancial Times - 7h -
Trump trade war intensifies as tariffs go into place
Americans awoke Tuesday morning to an intensifying trade war, as President Trump’s newest tariffs on Canadian, Mexican and Chinese imports were imposed and those countries quickly moved to ...The Hill - 5h -
In Face of Trump Tariffs, Mexico Embraces Nationalism
Before the tariffs went into effect, approval ratings for President Claudia Sheinbaum rose and companies began marketing “Made in Mexico” products.The New York Times - 5h -
Trump Tariffs Rattle Border Businesses as They Hike Prices
Uncertainty and the threat of further disruption prompt big changes and plenty of worries at small companies that depend on cross-border business.Inc. - 2h -
Trudeau slams Trump's tariffs as stocks plunge
Canadian Prime Minister Justin Trudeau is calling out President Trump's tariffs levied. This comes as the stock markets show signs of panic among investors over the tariffs. CBS News' Lana Zak has ...CBS News - 55m -
Trump to address Congress amid tariff war backdrop
{beacon} 12:30 REPORT Happy Fat Tuesday, which also happens to be National Pancake Day (free pancakes at IHOP today!). Today's forecast in DC: ⛅ 55° (Find your weather here) In today's issue: ...The Hill - 1h -
Stocks Slump as Trump Tariffs Take Effect
The S&P 500 extended its recent losses on Tuesday, with global automakers, cruise lines, tech companies, retailers and other businesses coming under pressure.The New York Times - 25m -
World Anti-Doping Agency Drops Defamation and Ethics Cases Against U.S. Officials
The World Anti-Doping Agency withdrew a defamation lawsuit and an ethics case against American officials critical of its handling of failed tests by members of China’s Olympic swimming squad.The New York Times - Feb. 21 -
Battered and bruised after 3 years of war, Ukraine is up against the ropes as U.S. backing vanishes
Ukraine has put up a staunch fight against the invasion launched by its bigger and more powerful neighbor Russia, but things appear to be going horribly wrong.CNBC - Feb. 22 -
U.S. votes against European-backed U.N. resolution condemning Russia's war in Ukraine
Three years after Russia's invasion of Ukraine, the U.S. sided with Russia at the U.N. and did not blame Moscow for starting the war. The vote followed a White House visit by French President ...CBS News - Feb. 25 -
U.S. carries out strike against Al-Qaeda affiliate leader in Syria, officials say
According to two U.S. officials, the U.S. carried out a strike against a senior leader of an affiliate of Al-Qaeda in Syria. NBC News’ Courtney Kube reports.NBC News - 5d -
Will Europe fill security gaps against Russia if U.S. pulls back from aiding Ukraine?
As the U.S. appears to be changing its priorities surrounding the Ukraine-Russia war, European leaders are huddling to plan for the continent's security needs. CBS News contributor Sam Vinograd has ...CBS News - 22h -
Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China
PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...The Guardian - Feb. 21 -
As Trump Courts Putin, China’s Leader Xi Emphasizes Close Ties With Russia
The Chinese and Russian leaders reaffirmed their relationship in a video call on Monday, an apparent rebuff to the idea that the Trump administration could drive a wedge between them.The New York Times - Feb. 24 -
Xi says China, Russia true friends as Trump pursues Putin talks
Chinese leader Xi Jinping says China and Russia are true friends after speaking on the phone with Russian President Vladimir Putin. Xi reportedly said history and reality show the two countries are ...The Hill - Feb. 24 -
Trump's move away from Europe is a win for China, Western officials say
With American reliability in doubt, some European nations and other countries may seek alternative partners and markets, possibly in China, current and former Western diplomats say.NBC News - 5d -
China’s small exporters look for plan B as Trump quashes trade loophole
Tax exemption that provides crucial lifeline to thousands of businesses set to disappearFinancial Times - 2d -
Philippines confident Trump will uphold sea patrols vs China
The Philippines’ top diplomat to the United States expressed confidence Monday that President Donald Trump’s new administration would continue military patrols in the disputed South China Sea and ...ABC News - 1d -
Ukrainians Say They Feel Betrayed by Trump and U.S.
President Trump’s claim that Ukraine was responsible for its war with Russia has left many Ukrainians disillusioned.The New York Times - Feb. 20 -
Under Trump, U.S. Dismantles Crypto Crackdown
Going case by case, regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives.The New York Times - 3d -
How Trump Has Undermined U.S. Climate Policy
President Trump has quickly transformed America’s approach to the environment, withholding funds and stretching the limits of presidential power.The New York Times - 2d -
Trump administration pauses U.S. military aid to Ukraine
The U.S. has been a key supplier of weapons for Ukraine as it continues to fend off the invasion launched by Russia three years ago.CBS News - 16h -
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.MarketWatch - 4d -
Here’s what the U.S. exports to Canada and Mexico, as those countries threaten retaliatory tariffs
If the Trump administration follows through on its threat to impose new tariffs on imports from Canada and Mexico, America’s neighbors are expected to hit back with their own taxes on U.S. imports. ...MarketWatch - 1d