Latest in Tariff Tuesday: into the unknown
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Companies brace for price pressures as Trump tariffs start to bite
Manufacturing, retail and food sectors highlight coming shocks after duties on Canada, Mexico and China are imposedFinancial Times - 21h -
US stocks erase post-election gains on Trump tariff fears
President’s protectionist moves spark concerns about retaliation and damage from escalating trade warFinancial Times - 21h -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 21h -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 21h -
Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says
Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.CNBC - 22h -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 20h -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump's controversial tariffs will "probably" come "tomorrow."CNBC - 19h -
Markets brace for tariffs on Canada and Mexico to have ‘immediate effects’ on these sectors
“Tariffs are inflationary and can undermine revenue and earnings,” Wells Fargo Investment Institute strategist says.MarketWatch - 19h -
Ontario halts US alcohol sales as Trump tariffs take hold
Liquor bottles are flying off the shelves in Canada, but not because they are being sold. The Liquor Control Board of Ontario says it is pulling American-made spirits in response to the U.S. and ...The Hill - 20h -
Lutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
Commerce Secretary Howard Lutnick said President Trump may announce a compromise with Canada and Mexico on Wednesday, the day after he imposed 25 percent tariffs on the two neighboring countries. ...The Hill - 20h -
Stocks tumble for second straight day as tariffs take effect
Stocks fell Tuesday amid renewed fears of a wider trade war as tariffs long threatened by the Trump administration came into effect.NBC News - 20h -
Trump could meet Canada and Mexico ‘in the middle’ on tariffs, Lutnick says
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 20h -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday.NBC News - 19h -
How Trump's Canada and Mexico tariffs risk higher prices on cars
President Donald Trump’s decision to impose a 25% tariff on all imports coming into the U.S. from Canada and Mexico is expected to take a particular toll on the U.S. auto industry.NBC News - 19h -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 18h -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 18h -
Trump’s tariffs will bring ‘nothing but pain’ to rural America, farmers say
Agriculture industry warns customers are looking elsewhere for key commoditiesFinancial Times - 20h -
Jim Cramer talks Trump tariffs and investor woes after Dow tumbles
CNBC's Jim Cramer laid out Wall Street's concerns over a trade war from Trump tariffs and offered his take on how the White House might view the issue.CNBC - 18h -
Ontario leader threatens to shut off power to US after tariffs on Canada
President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China.ABC News - 20h -
Mexico Gave Trump Much of What He Wanted. Tariffs Came Anyway.
President Claudia Sheinbaum of Mexico took steps sought by President Trump, including sending troops to the border and cracking down on drug cartels. The tariffs went into effect anyway.The New York Times - 19h -
Will TSMC escape tariffs with pledge for $100B in U.S. chip manufacturing plants?
It’s been a whirlwind of news on the tariff front and Taiwan has avoided tariffs for now. But the timing of a $100 billion commitment by TSMC to build chip manufacturing plants in the U.S. may have ...VentureBeat - 18h -
Fact-Checking Trump’s Claims on Tariffs, Ukraine and DOGE Before Address to Congress
The president has repeatedly made false or misleading claims in pursuing an aggressive agenda in the first weeks of his second term.The New York Times - 17h -
Trump could reduce tariffs as soon as tomorrow, commerce secretary says
Ahead of President Trump's address to Congress on Tuesday night, the stock market took a dive for the second day in a row, largely due to Mr. Trump's sweeping tariffs on Canada, Mexico and China. ...CBS News - 17h -
Rep. Byron Donalds defends Trump's tariffs on U.S. allies
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS ...CBS News - 17h -
Breaking down possible ripple effects of Trump tariffs on consumers
A brewing trade war is bound to have a ripple effect beyond just the stock market. Kelly O'Grady explains.CBS News - 17h -
Mullin hits 'governor' Trudeau while defending tariffs against Canada
Sen. Markwayne Mullin (R-Okla.) on Tuesday referred to Canadian Prime Minister Justin Trudeau as “governor,” as the senator defended President Trump’s tariffs against the neighbor to the north. In ...The Hill - 15h -
Trump says tariffs are to curb fentanyl, but U.S. overdose deaths are already declining
While President Donald Trump has said the tariffs are meant stop the flow of drugs across the border, experts worry it may undermine progress already underway.NBC News - 14h -
China sets GDP target of 5% for 2025 amid tariff war with Trump
Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war. Explained: what is China’s Two Sessions meeting? China has set its GDP ...The Guardian - 13h -
Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief
Canada's Minister of Foreign Affairs told the BBC's Newsnight her office had not been contacted about the plan.BBC News - 11h -
Trump’s Tariffs Set Off Day of Anger, Retaliation and Market Unease
Global markets fell after steep U.S. tariffs on China, Canada and Mexico went into effect, and as the possible ramifications of a global trade war set in.The New York Times - 11h -
Trump downplaying tariff concerns could be a gift to Democrats: ANALYSIS
Tariff fallout could become a rallying cry for Democrats as they build a case against Trump ahead of midterm elections in hopes of reclaiming some power.ABC News - 12h -
Trump warns tariffs will cause ‘a little disturbance’ in defiant speech
In address to Congress president doubles down on levies and insists he will ‘get’ GreenlandFinancial Times - 12h -
How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers
Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.The New York Times - 6h -
What to Know About Trump’s Tariffs on Canada, Mexico and China
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.The New York Times - 6h -
Stocks drop over concerns of a trade war sparked by Trump's tariffs
Concern is growing over the impact of President Donald Trump’s trade war against the United States’ three most important trading partners: Mexico, Canada and China, who are all vowing to retaliate. ...NBC News - 6h -
To Stop Tariffs, Trump Demands Opioid Data That Doesn’t Yet Exist
A top administration official said that, without new declines in overdose deaths, tariffs on Canada and Mexico were appropriate. But the kind of real-time data he demanded doesn’t exist.The New York Times - 4h -
Campbell’s joins list of consumer companies baffled over specific tariff impacts
Campbell’s said it’s currently too difficult to estimate how tariffs will affect prices and sales.MarketWatch - 3h -
Business owner worries over impact of President Trump's new tariffs
Following President Trump's new tariffs against Mexico, Canada and China, some companies, like Best Buy and Target, say price hikes are expected. The head of a Canadian company who supplies molds ...CBS News - 3h -
Some Chinese legislators quiet on President Trump's tariffs at annual meeting
China has vowed to retaliate against President Trump's new tariffs. While lawmakers at an annual meeting of China's legislature did not answer questions regarding the tariffs, one of China's ...CBS News - 3h -
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.The New York Times - 4h