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EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 1d -
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 - 1d -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 2d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 4d -
US stock futures inch higher after selloff amid recession concerns
Dow futures traded up 156 points, or about 0.36%.ABC News - 2d -
Private Prisons Are Ramping Up Detention of Immigrants and Cashing In
The Trump administration is expected to use thousands more beds in these facilities as part of its mass deportation effort.The New York Times - 6d -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - 2d -
S&P and Nasdaq close up, Dow closes down after turbulent day amid trade war
An escalating global trade war hammered markets in recent days.ABC News - 1d -
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 - 1h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 1d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 2d -
Can Donald Trump afford a trade war with Canada?
And can Elon Musk afford a tumble in Tesla's share price?BBC News - 1d -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - 4d -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 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 - 1d -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 1d -
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 -
Democratic leaders amp up pressure on Senate colleagues to oppose GOP spending bill: ‘Stand with us’
The leading Democrats in the House are ramping up the pressure on Senate Democrats to oppose the GOP’s spending bill, warning that the proposal would slash crucial public services to vulnerable ...The Hill - 1d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 4d -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 1d -
Asia is a 'beacon of growth opportunities' as global trade war heats up, Singapore deputy PM says
Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.CNBC - 1d -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - 3d -
Vance ramps up his clout in Trump world
Vice President Vance’s clout is on the rise, taking on the role of pot stirrer at the White House and on the world stage. His attack dog role was on full display during an Oval Office meeting with ...The Hill - 5d -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - 3d -
Six things that could get more expensive for Americans
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 1d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 4d -
Can Mark Carney win an election in Canada and a trade war with the US?
Former central banker has strong economic credentials but is untested politicallyFinancial Times - 3d -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 3d -
Ontario hits power exports to US with 25% surcharge as trade war escalates
Canadian province’s decision will affect 1.5mn households and businesses in Michigan, Minnesota and New YorkFinancial Times - 3d -
Sales of US goods 'rapidly dropping' at Canadian grocery stores
Canadians are buying fewer products made in the U.S. in an effort to brace for the impact of President Trump’s sweeping tariffs, which are set to cause prices to skyrocket across a range of ...The Hill - 1h -
Tariffs on China could raise wedding dress prices for American brides
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.CBS News - 1d -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 1d -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - 1d -
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 -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 1d -
How Nigeria’s Dangote refinery is fuelling a petrol price war
The economic case for cutting prices tells only half the storyFinancial Times - 2d -
Europe's response to the threat from Trump
Post-war security and trade framework crumbles under new US leadershipFinancial Times - 16h -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - 1d -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - 5d -
Evacuations ordered in California as mudslide threat ramps up from storm
A flood watch is still in effect for parts of California where heavy rain in burned areas is creating landslide concerns, forcing thousands to evacuate. CBS News correspondent Carter Evans reports ...CBS News - 7h