Latest in Diageo scraps growth guidance as US tariff threat dents outlook
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US airlines’ warnings of lower demand cast shadow over economic outlook
American, Delta and Southwest trim financial guidance on corporate and consumer softnessFinancial Times - 1d -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - 2d -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 1d -
Trump threatens 200% tariffs on EU alcohol imports
US president demands bloc scraps proposed duty on US whiskeyFinancial Times - 4h -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 3d -
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 - 3d -
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 - 23h -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - 3d -
Kohl's shares plunge 20% as retailer gives rough outlook for the year ahead
Kohl's posted a beat on revenue for the fourth quarter on Tuesday, but issued disappointing guidance for the year ahead.CNBC - 2d -
UK watchdogs scrap diversity and inclusion rules for financial firms
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policiesFinancial Times - 1d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 5d -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 3d -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - 1d -
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 - 2d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 9h -
Small Businesses Still Struggle to Hire, Despite Rising Recession Fears
The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.Inc. - 2d -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 1d -
Canadians deal with tariff threats amid Trudeau successor battle
As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...CBS News - 4d -
Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook
Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.CNBC - 2d -
Dick’s Sporting Goods faces tariff ‘unknowns’ and issues conservative outlook
“The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.MarketWatch - 2d -
Europe's response to the threat from Trump
Post-war security and trade framework crumbles under new US leadershipFinancial Times - 16h -
How Entrepreneurs Can Leverage Uncertainty for Growth
Entrepreneurs can use empathy to find the canary in the coal mine and exploit it for profits and intangible gains.Inc. - 5d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 2d -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - 3h -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - 3d -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 21h -
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. Canada announced retaliatory tariffs on nearly C$30bn worth of American imports ...The Guardian - 19h -
Stock Market Has Worst Weekly Drop in Months as Tariffs Hang Over Wall St.
Investors are worried about the economy and whether tariffs on America’s largest trading partners will stifle growth.The New York Times - 6d -
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 - 3d -
Avocado grower Mission Produce says it will try to work around Mexico tariffs, but holds off on predicting exact impact
Avocado grower Mission Produce Inc. on Monday said it would try to work around any tariffs on imports from Mexico, but its outlook for the months ahead didn’t include the impact of those extra ...MarketWatch - 2d -
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 - 1d -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 1d -
US-Canada products are 99 percent tariff-free: Canadian ambassador to US
Canada's ambassador to the United States said 99% of products traded between the two nations are tariff-free.The Hill - 2d -
Trump Intensifies ‘51st State’ Threats in Attack on Canada
The U.S. president on Tuesday reiterated his claims on Canada’s territory as he increased tariffs, threatening to bring the country’s economy to its knees.The New York Times - 1d -
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.The New York Times - 1h -
S&P 500 tumbles into ‘correction’ on fresh Trump tariff threats
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefireFinancial Times - 53m -
Carney talks tough on Trump threat - but can he reset relations?
Canada's next PM, who described the US as a "country we can no longer trust", will need to work with the US president.BBC News - 3d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 1d -
Is the US really heading into a recession?
Stock market falls, tariffs and other changes are reigniting fear of economic downturn in the US.BBC News - 1d -
Ontario's Premier Doug Ford moving ahead with tariffs on the U.S.
Ontario Premier Doug Ford will start tariffs directed at the United States on Monday, unless President Trump's threat of a trade war with Canada comes to an end.CBS News - 5d