Tesla, Tariffs and a Market Meltdown

AP reporter spars with White House over tariffs

White House press secretary Karoline Leavitt on Tuesday clashed with a reporter with The Associated Press over President Trump’s use of tariffs after granting the outlet a rare question during a ...

The Hill - 5d

Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance

The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.

The New York Times - Mar. 7

Ontario's Premier Doug Ford moving ahead with tariffs on the U.S.

Ontario Premier Doug Ford will start tariffs directed at the United States on Monday, unless President Trump's threat of a trade war with Canada comes to an end.

CBS News - Mar. 8

Japan to Send Trade Minister to the U.S. Amid Tariff Tensions

The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.

The New York Times - 6d

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 - 6d

Trump finds unexpected ally in auto union leader over tariffs

UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.

CNBC - 6d

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 - 5d

Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates

The European Union announced countermeasures targeting the U.S. after President Donald Trump's 25% tariffs on steel and aluminum imports came into effect.

CNBC - 5d

What Products Could Europe Levy in Retaliation to Trump’s Tariffs?

The European Union wants to force the United States to the negotiating table with retaliatory tariffs on a range of American products, including some from Republican strongholds.

The New York Times - 4d

Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained

After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.

The New York Times - 4d

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 - 4d

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 - 4d

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 - 4d

'Volatility and conflict’: Business leaders sound warnings over Trump's tariffs

Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk "volatility and conflict."

CNBC - 4d

Counter-counter-tariffs? Trump threatens to hit back against EU's retaliation

U.S. President Donald Trump threatened Wednesday to hit back against Europe's own retaliatory move against the U.S.' 25% tariffs on steel and aluminum imports.

CNBC - 3d

Trump Threatens 200% Tariff on Champagne and Wine From Europe

The president said he would impose the levies if the European Union did not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.

The New York Times - 3d

This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing

Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.

MarketWatch - 3d

Trump makes some false or misleading claims to justify Canada tariffs

President Trump has imposed steep tariffs on Canadian goods, citing trade imbalances and drug trafficking. But many of his claims exaggerate or misrepresent the facts.

CBS News - 3d

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 - 3d

Tariff timeline: How Trump turned global trade into an economic battlefield

Trump has praised tariffs as a fix for economic issues, but their erratic rollout and shifting reasons have worried investors. See a timeline of the president’s trade rhetoric.

NBC News - 2d

Canadians are mad as hell and ready for a battle over Trump tariffs

Canada is in a trade war with the U.S. due to Trump's tariffs and lies, and is retaliating by boycotting American goods, which will have a significant impact on the U.S. economy.

The Hill - 1d

Tariffs on goods may be a prelude to tariffs on money

Capital inflows could be the Trump administration’s next target

Financial Times - 3d

Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’

New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...

The Hill - 5d

Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing

Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...

The Guardian - 2d

Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy

Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...

CBS News - 6d

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 - 5d

‘Major brand worries’: Just how toxic is Elon Musk for Tesla?

With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a storm. Globally renowned brands would not, ordinarily, want to be associated with Germany’s ...

The Guardian - Mar. 8

Tesla stock is falling because Elon Musk’s stock is falling

The company is valued more as a moonshot rather than a carmaker

Financial Times - 5d

Trump promises to buy a Tesla after electric-car maker’s shares tumble

US president’s late-night social media post follows company’s 15% share price drop

Financial Times - 5d

Trump Poses With a Tesla, a Move Aimed Solely at Helping Musk

President Trump has spent years bashing electric vehicles. But with Elon Musk by his side, he said he would buy a bright red one.

The New York Times - 5d

Tesla Stocks Tumble as Elon Musk’s Political Role Grows More Divisive

The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.

The New York Times - 4d

Donald Trump Bought a $90,000 Tesla With 37 Recall Notices Against It

Here’s hoping Elon Musk won’t have to personally fix President Trump’s new EV anytime soon.

Wired - 4d

Trump’s Tesla Display at the White House Revives Memories of Musk in Beijing

When President Trump hosted Elon Musk and his electric vehicles this week, it recalled a visit years earlier to the Communist Party’s leadership compound.

The New York Times - 3d

Trump's White House Tesla showcase for Musk raises ethics concerns

Ethics experts are sounding the alarm that the president's event with Elon Musk could eliminate the lines of proper objectivity from elected officials.

ABC News - 3d

Ben Jennings on Elon Musk and the backlash against Tesla – cartoon

Discover and buy more of Ben’s cartoons here Order your own print of this cartoon from the Guardian Print Shop Continue reading...

The Guardian - 3d

Democrats push investigation into Trump, Musk White House Tesla event

Senate Democrats are seeking an investigation into President Trump and adviser Elon Musk's use of the White House to promote Musk's business interests, alleging a violation of federal ethics laws.

The Hill - 3d

FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war

Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports deal

Financial Times - 2d

Fired Federal Workers Face a Sluggish Job Market

Unemployment is low, but there isn’t much room to move around — especially for those with highly government-specific skills.

The New York Times - Mar. 10

Three NHL Clubs That Made The Best Of A Seller’s Market

The NHL trade deadline saw contenders mortgage their future by trading future first-round picks and top prospects to add players to help in their pursuit of a Stanley Cup.

Yahoo Sports - 6d

Tuesday Briefing: U.S. Recession Fear Rattles Markets

Plus, how a leader’s gambit failed.

The New York Times - 6d

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