Latest in The unspoken cost of Trump's chaos tariffs
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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 - Mar. 11 -
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 -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - Mar. 12 -
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 -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - Mar. 12 -
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 - Mar. 14 -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - Mar. 18 -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 6d -
Stocks jump amid signs Trump could scale back tariffs
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.CBS News - 4d -
What are ‘secondary tariffs’? Trump says they'll soon hit Venezuela
Trump on Monday announced that Venezuela will face a "secondary tariff" come April 2 — but what does that mean?The Hill - 4d -
Shares of Asia's automakers fall as Trump announces 25% tariffs on car imports
Shares of Asia's automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country.CNBC - 2d -
Detroit automaker shares fall after Trump's tariff announcement
President Donald Trump said he would place 25% tariffs on "all cars that are not made in the United States."CNBC - 1d -
Trump is planning on more tariffs on April 2. Here's what to expect.
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.CBS News - 23h -
Trump is planning on more tariffs on April 2. Here's what to expect.
Here's what to know about tariffs ahead of President Trump's plans to announce new import duties on April 2.CBS News - 23h -
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 - Mar. 15 -
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 - Mar. 16 -
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 - Mar. 18 -
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 - Mar. 19 -
Powell: Trump tariffs will 'delay' progress against inflation
Federal Reserve Chair Jerome Powell warned Wednesday that President Trump's new tariffs will likely make it harder for the central bank to bring prices down. While Powell did not mention the ...The Hill - Mar. 19 -
Trump announces 25% tariffs on fully imported autos
Days before sweeping tariffs to the auto industry are set to kick in, President Trump announced a 25% import tax on all fully completed vehicles brought into the United States starting April 2nd. ...NBC News - 2d -
Morning Report — Will Trump’s bet on tariffs be bonanza or bust?
In today’s issue: President Trump’s new tariffs expected next week will test the patience of U.S. consumers and manufacturers who worry that an escalating trade war will hike already-inflated ...The Hill - 1d -
Morning Report — Will Trump’s bet on tariffs be bonanza or bust?
In today’s issue: President Trump’s new tariffs expected next week will test the patience of U.S. consumers and manufacturers who worry that an escalating trade war will hike already-inflated ...The Hill - 1d -
The Hidden Cost of Trump’s Trade War on China
Progress on battling fentanyl trafficking could be lost, and so could American lives.The New York Times - Mar. 18 -
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 -
Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.The New York Times - Mar. 14 -
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 -
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce a 25 percent tariff on steel and aluminum, which went into effect Wednesday. ...The Hill - Mar. 12 -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - Mar. 13 -
Trump threatens additional tariffs against European Union, Canada
President Trump is considering additional tariffs against the European Union and Canada after both announced retaliatory tariffs on the U.S. CBS News correspondent Natalie Brand reports.CBS News - Mar. 13 -
Can Trump's tariff threats have an economic impact before they're imposed?
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...CBS News - Mar. 13 -
Trump Tariffs Leave No Country Room for Exemptions, U.S. Tells Canada
In talks aimed at finding common ground on tariffs, Canadian officials were told April 2 will be a crucial day in setting the Trump tariff doctrine, and any relief could come later.The New York Times - Mar. 14 -
Watch: Trump gives remarks on looming auto tariffs from Oval Office
President Trump is set to announce tariffs Wednesday on auto imports into the U.S. during a press conference in the Oval Office. He has argued the tariffs would put pressure on automakers to ...The Hill - 2d -
President Trump threatens additional tariffs on Canada, European Union
The trade war is escalating as President Trump says he may impose additional tariffs on Canada and the EU. Canada has put 25% reciprocal tariffs on nearly $21 billion worth of American imports, ...CBS News - Mar. 13 -
Trump ‘chaos’ threatens US oil output, say shale executives
Dallas Fed survey shows mounting alarm among Texas drillers at the administration’s energy strategyFinancial Times - 2d -
Trump Has Said ‘No Exceptions’ to His Tariffs. Will That Last?
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.The New York Times - Mar. 10 -
Trump threatens 200% tariff on European wine and Champagne
The president threatened to take retaliatory action in response to EU tariffs on U.S.-made whiskey.CBS News - Mar. 13 -
Trump’s Tariff Threats Are Driving Carmakers Crazy
Automakers looked forward to his return to the presidency, only to find themselves struggling under the weight of his tariff threats.The New York Times - Mar. 14