Latest in Powell: Trump tariffs will 'delay' progress against inflation
Sort by
3,770 items
-
Tariffs may be worth it, but Trump must level with the public about the coming pain
President Trump's tariffs on imported goods are causing prices to rise, resulting in American taxpayers paying the ultimate cost of the tariffs.The Hill - 6d -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - Mar. 10 -
2-year yield ends at one-week low on Fed’s ‘transitory’ inflation view
U.S. government debt rallied Thursday, pushing yields lower across the board, on the Federal Reserve’s base-case view about the likely transitory nature of tariff-driven inflation.MarketWatch - 23m -
EU delays implementing first retaliatory tariffs on U.S. goods to middle of April
"The change represents a slight adjustment to the timeline and does not diminish the impact of our response," an EU spokesperson told CNBC.CNBC - 4h -
How Canadians are reacting to Trump's tariffs
In a country known for its politeness, there is growing outrage in Canada over President Donald Trump’s steel and aluminum tariffs. Social media has erupted with calls to buy Canadian and boycott ...NBC News - Mar. 13 -
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 - Mar. 12 -
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 - Mar. 12 -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 6d -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - Mar. 8 -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - Mar. 13 -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 13 -
Inflation cools slightly in Trump's first month
Consumer prices rose slightly during President Trump's first full month in office, according to data released Wednesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent in ...The Hill - Mar. 12 -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 6d -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - Mar. 10 -
Canada Turns to European Allies Amid Trump Threats
Days after becoming prime minister, Mark Carney visited Paris and London to highlight deep European friendships as his country fights back against President Trump’s tariffs and annexation talk.The New York Times - 2d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - Mar. 8 -
Trump Administration to Confront Countries With New Tariff ‘Number’
Treasury Secretary Scott Bessent provided new details into how President Trump will roll out a sweeping and elusive tariff measure planned for April 2.The New York Times - 2d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - Mar. 10 -
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - Mar. 10 -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - Mar. 13 -
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 - 6d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 6d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - Mar. 10 -
Trump hosting leader of Ireland at White House with trade and Ukraine likely on the agenda
President Trump is hosting the taoiseach of Ireland, Micheál Martin, at the White House on Wednesday amid the European Union's pushback against U.S. tariffs on all steel and aluminum imports. CBS ...CBS News - Mar. 12 -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - Mar. 12 -
Trump says tariff approach shows 'flexibility' not 'inconsistency'
President Trump on Wednesday disputed that his repeated threats of tariffs followed by exemptions or backtracking was not a case of inconsistency, but of “flexibility,” even as the approach has ...The Hill - Mar. 12 -
How Trump’s Tariffs Affect U.S. Farmers
Retaliatory tariffs are hitting U.S. farmers hard, particularly in states that voted for Trump. Ana Swanson, an Iowa native who covers trade and international economics for The New York Times, ...The New York Times - 5d -
Rubio, Brennan tangle over Trump’s tariff impacts
Secretary of State Marco Rubio joined CBS News’s Margaret Brennan on Sunday’s “Face the Nation,” where he was pressed about the implications of President Trump’s tariff plan. “Isn’t there a risk ...The Hill - 4d -
Bessent reveals how Trump will decide reciprocal tariffs
President Trump’s reciprocal tariffs could go well beyond matching import taxes imposed on U.S. goods by other nations, Treasury Secretary Scott Bessent said Tuesday. In an interview, Bessent said ...The Hill - 2d -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 1d -
Trump didn’t kill the penny — inflation did
His announcement stressed the fact that taxpayers lose more than two cents every time another penny is minted.The Hill - 1d -
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 -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - Mar. 11 -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - 6d -
Elon Musk's carmaker Tesla raises concern over Trump tariffs
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.BBC News - 6d -
Democrats set themselves up for year of primaries in 2026
Progressives are vowing to run primary challenges against Democrats who do not do enough to stand up to President Trump and the GOP, an effort that is intensifying after Senate Minority Leader ...The Hill - 2d -
Youth organizations slam Schumer's leadership: 'Fight for us or step aside'
A coalition of progressive young voter groups this week blasted Senate Minority Leader Chuck Schumer (D-N.Y.), calling for the party to "change course now" and take a stronger stance against the ...The Hill - 53m -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - Mar. 13 -
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 -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - Mar. 12