Latest in Oil Companies Wanted Trump to Lower Costs. Tariffs Are Raising Them.
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Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - 4d -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - 3d -
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 - 3d -
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 - 3d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 2d -
Trump threatens to impose 25% tariffs on EU goods
US president warns levies will target auto sector and be applied ‘generally’Financial Times - 2d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 1d -
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 - 1d -
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 - 15h -
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 - 13h -
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 - 12h -
Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this weekABC News - 2d -
Oil prices settle higher after Trump moves to end Venezuela crude deal
Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.MarketWatch - 1d -
Donald Trump halting anti-bribery laws will harm, not help US companies
President’s order means a race to the bottom rigged against US, argues anti-corruption watchdog Transparency International. Bribery is not a victimless crime. Stories listing the amount paid or the ...The Guardian - Feb. 21 -
Trump signs order protecting American companies from ‘overseas extortion’
President Trump issued a memo on Friday that seeks to protect American companies and innovators from what he called "overseas extortion," adding to a bevy of actions proposed in his first month in ...The Hill - 6d -
Democrats won’t fight Trump’s tariff policies. On trade, Trump is a Democrat.
President Donald Trump's recent trade policy has been met with surprising support from congressional Democrats, despite his protectionist policies being more aligned with progressive Democrats than ...The Hill - 5d -
Trump’s latest DOGE order aims to cut costs through federal contracts, travel
President Trump on Wednesday signed an executive order directing agency leaders to work with staff from the Department of Government Efficiency (DOGE) to cut costs through contracts, employee ...The Hill - 1d -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - 1d -
What else can Canada and Mexico do to avoid Trump’s tariffs? America’s neighbors may slap new tariffs on China.
As traders worldwide wait to see if U.S. President Donald Trump once again holds off on putting new tariffs on Canada and Mexico, the head of the U.S. Treasury Department has highlighted one ...MarketWatch - 4h -
George Conway: Trump 'wants to have revenge on the United States of America'
Conservative lawyer George Conway said President Trump’s bold changes to the federal government reveal an effort to “destroy” its institutions and exact “revenge” on the country. “This is an ...The Hill - 2d -
South Carolina Republican wants to put Trump on new $250 bill
Rep. Joe Wilson (R-S.C.) says he is preparing legislation to feature President Trump on a new $250 bill. “Grateful to announce that I am drafting legislation to direct the Bureau of Graving and ...The Hill - 2d -
House lawmakers want Trump to pressure EU to sanction Iran military group
Two House lawmakers are calling on President Trump to pressure the European Union to designate as a terrorist organization Iran’s premier military force, the Islamic Revolutionary Guard Corps ...The Hill - 1d -
What does Starmer want from his Trump meeting?
President Trump is meeting with British Prime Minister Keir Starmer at the White House as Europe seeks more security guarantees while the U.S. holds talks with Russia. CBS News' Elizabeth Palmer ...CBS News - 1d -
Ron Perlman on Hellboy, the LA fires and Trump: ‘A snake-oil con-artist who’d sell you bad vodka and swampland in New Jersey’
Back with his new film Day of the Fight, the reluctant star recalls anxiety about his looks, a strange dinner with Guillermo del Toro, spats with Trump and Weinstein … and hints at his plan to save ...The Guardian - 17h -
Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals
President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.CNBC - Feb. 20 -
Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams
The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy. Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff ...The Guardian - Feb. 21 -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - Feb. 21 -
Even ‘Real Housewives’ Star Erin Lichy Is Preparing for Trump’s Tariffs
The serial entrepreneur talks the growth of her mezcal brand Mezcalum and why she’s never bootstrapping a business again.Inc. - Feb. 21 -
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.The New York Times - Feb. 21 -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - Feb. 21 -
The EU has real leverage to counter Trump’s tariff threats
The EU is not a superpower in the traditional sense, but it continues to have significant power in the area of foreign trade.The Hill - Feb. 21 -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - Feb. 22 -
US traders snap up aluminium ahead of Trump tariffs
Imports hit highest level since mid-2022 as premium over London price surgesFinancial Times - 6d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 4d -
This is why Trump’s tariff plan has upended the car industry, and it’s not over yet
“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.MarketWatch - 3d -
Here are all the Trump tariffs hitting the economy in the coming weeks
The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.MarketWatch - 3d -
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state
From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.CNBC - 3d -
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.The New York Times - 3d -
Musk, tariffs and tensions - takeaways from Trump's first cabinet meeting
Trump covered a wide range of topics, ranging from efforts to cut government spending to immigration, the economy and Ukraine.BBC News - 1d