Latest in Tesla, Tariffs and a Market Meltdown
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Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 6d -
Canada slaps electricity tariffs on New York, Minnesota, Michigan
The government of Ontario is applying a 25 percent surcharge starting Monday on electricity exports to three U.S. states in response to U.S. tariffs on Canada. This surcharge will affect ...The Hill - 5d -
Trump rejects pleas from business for more clarity on tariffs
President Donald Trump has dismissed the growing chorus of CEOs, investors and policymakers who are pleading with the White House for greater clarity about his sweeping tariff agenda.NBC News - 5d -
Ontario Premier Doug Ford talks tariffs on Canadian energy
Ontario Premier Doug Ford spoke with NBC News' Tom Llamas about his decision to impose a 25% tariff on Canadian electricity exports to three U.S. states in response to U.S. President Donald Trump's ...NBC News - 5d -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 4d -
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
L'Oreal CEO Nicolas Hieronimus said he is "not overly concerned" over the impact of White House tariffs on the company.CNBC - 4d -
Trump announces more tariffs on Canada's steel, aluminum as stocks continue stumbling
President Trump announced more tariffs on Canada's steel and aluminum after Ontario announced a tax on electricity for the U.S. CBS Moneywatch correspondent Kelly O'Grady reports and CBS News' Fin ...CBS News - 4d -
House GOP blocks Democrats from forcing vote on repealing Trump tariffs
House Republicans on Tuesday approved a provision that would prevent Democrats from forcing votes for the remainder of the year on repealing recent tariffs implemented by President Trump. It ...The Hill - 4d -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 3d -
Chainsaws, coffeemakers, gum: How the E.U. is targeting U.S. products with retaliatory tariffs
The European Union is planning new tariffs on a wide range of U.S. imports next month in response to President Donald Trump’s new taxes on imported aluminum and steel that went into effect Wednesday.MarketWatch - 3d -
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 - 3d -
Local businesses grapple with Trump's tariffs as G7 envoys meet in Canada
DRUMMONDVILLE, Canada — Fury over President Donald Trump’s steel and aluminum tariffs is fueling growing anxiety across Canada — especially in this working-class Quebec city where some 18% of local ...NBC News - 3d -
Kentucky bourbon maker says Trump tariffs immediately impacted his business
President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, ...CBS News - 3d -
Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.CNBC - 2d -
Canada files WTO complaint over US steel, aluminum tariffs
Canada has filed a complaint with the World Trade Organization (WTO), asking it to dispute consultations with the U.S. regarding the tariffs on certain aluminum and steel products coming from ...The Hill - 2d -
With tariffs set to impact car prices, some rush to the lots
Forecasts say automobile prices could go up as much as $12,000 as the impact of tariffs begins to be felt. NBC News’ Vicky Nguyen reports on how to time a complicated purchase.NBC News - 2d -
Trump's 200% tariffs could have an unlikely winner — troubled beer brewers
U.S. President Donald Trump's threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary — the ...CNBC - 1d -
G7 Foreign Ministers Agree on Ukraine Policy Amid Tensions Over Trump Tariffs
Secretary of State Marco Rubio found himself among allies in a fraught moment after President Trump’s tariff policies.The New York Times - 1d -
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live
Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...The Guardian - 3d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - 2d -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - Mar. 8 -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - 6d -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 6d -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - 5d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 5d -
Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge
President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, ...NBC News - 4d -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - 4d -
Texas official on Chinese tariffs: Running into 'little rough spell' is 'fine'
Texas Agriculture Commissioner Sid Miller said farmers may have a “little rough spell” under President Trump’s new tariff policies with China but the demographic should be “fine” in the long run. ...The Hill - 4d -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 4d -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 3d -
Fetterman on Trump tariffs: We don't have to 'punch' allies 'in the mouth'
Sen. John Fetterman (D-Pa.) said he disagrees with President Trump’s approach to tariffs on Canada and Mexico, calling it a blow to the U.S.'s working relationship with its allies. “Truthfully, I ...The Hill - 3d -
How new tariffs could make beer more expensive
A new 25% tariff on imported aluminum and steel takes effect today, raising costs for industries that rely on metal. For craft breweries like Talea Beer Co., the price hike could mean higher costs ...CBS News - 3d -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 3d -
Here are the states facing big hits from the E.U.’s retaliatory tariffs on American liquor
The U.S. liquor industry has been hoping to avoid retaliatory tariffs on its products, but instead they look set to hit — and weigh on southern states in particular.MarketWatch - 3d -
Ferrari CEO says automaker is doing 'scenario planning' to counter potential impact of tariffs
"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."CNBC - 3d -
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JPMorgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who ...The Hill - 2d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 2d -
Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy
Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact” on ...MarketWatch - 2d -
GOP senator: People in agriculture 'get a little nervous' about tariffs
Sen. Deb Fischer (R-Neb.) voiced support for President Trump's tariff policies Thursday, even as she acknowledged the agricultural community can get "a little nervous" about the topic, which has ...The Hill - 2d -
G7 meetings kick off as world reacts to Trump's tariffs
Secretary of State Marco Rubio is representing the U.S. during the Group of 7 meetings in Canada. This comes as President Trump's tariffs cause concern around the world. Touria Izri, a Global News ...CBS News - 2d