Latest in Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs
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China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - Mar. 10 -
Trump tariff uncertainty pushes BoJ to hold rates
Risk of potential US downturn weighs on Tokyo’s hope for economic revivalFinancial Times - 1d -
U.S. retail sales barely rise, but investors see glimmer of good news in seemingly weak report
Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House.MarketWatch - 2d -
Does the Fed Share the Stock Market’s Worry About the Economy?
So far, the Federal Reserve has avoided commenting on the increasingly uncertain outlook, but investors are waiting to see whether it changes its projections on Wednesday.The New York Times - 19h -
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 - 6d -
Trump says he's doubling tariffs on Canadian steel and aluminum to 50%
President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.CBS News - Mar. 11 -
How the US economy lost its aura of invincibility
Tariffs and cuts to the federal workforce are raising uncertainty and sapping confidence, while investor exuberance has fadedFinancial Times - 5d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - Mar. 12 -
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 -
Canadian Amb. to U.S.: 'Nothing is off the table' when responding to Trump tariffs
Canadian Ambassador to the U.S. Kristen Hillman joins Meet the Press NOW to discuss President Trump's threat to impose new tariffs on Canada in April.NBC News - 2d -
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 - 1d -
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 -
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 - Mar. 12 -
Trump's tariffs could push U.S. allies elsewhere — including China and India
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.CNBC - 6d -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - Mar. 12 -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 6d -
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan.CNBC - 3d -
Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.CNBC - 2d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 5d -
These states' economies could be hit hardest by EU tariffs
Tensions are escalating between the U.S. and Europe, stoking fears of a possible trade war.The Hill - 18h -
Trump's tariffs are keeping some Canadians away from the U.S.
President Trump's tariffs are frustrating Canadians who like to spend their winter in the U.S. This comes as the trade war appears to grow. David Akin, the chief political correspondent for Global ...CBS News - Mar. 12 -
Face the Nation: Graham, Dingell, Moore
Missed the second half of the show? The latest on the Trump administration's foreign policy on Iran and the impact of tariffs on the U.S. economyCBS News - 3d -
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche is part of Volkswagen Group, which has an assembly plant and other facilities in the U.S.CNBC - Mar. 12 -
Trump and the Fed Sound More Optimistic About the Economy Than Investors
Traders are selling stocks even as Jerome Powell and the White House convey confidence about markets.Inc. - Mar. 10 -
Trump’s tariff volatility complicates Fed’s rate messaging
US central bank risks relying too much on backward-looking data, economists warnFinancial Times - 3d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - Mar. 10 -
Morning Report — Trump stirs economic uncertainty
In today’s issue: President Trump marked 50 days in office Monday confronting a grim report card that raised new doubts about his tariff policy and his theory that chaos improves leadership ...The Hill - Mar. 11 -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 5d -
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 - Mar. 12 -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - Mar. 10 -
Trump Tariffs Leave No Country Room for Exemptions, U.S. Tells Canada
In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.The New York Times - 5d -
EU to probe aluminium imports diverted by Trump’s tariffs
Investigation likely to recommend higher levies to protect European industryFinancial Times - 2d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - Mar. 11 -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - Mar. 11 -
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 -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - 6d -
Half say Trump policies making economy worse: Poll
Half of Americans in a new poll say President Trump’s policies have made the U.S. economy worse in his first seven weeks in office. In a CNN poll released Thursday, 51 percent of respondents say ...The Hill - Mar. 13 -
Trump's tariff theater could actually help fight inflation
The effect of President Trump's frenetic style of governance — at least when it comes to trade — represents a peculiar twist that few economists would have predicted.The Hill - 1d -
The Fed’s uncertainty doesn’t scare markets
Plus the debt ceiling and the end of QTFinancial Times - 6h