Latest in Trade war escalates as Trump pledges more tariffs
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Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - 2d -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - 2d -
US pauses water-sharing negotiations with Canada over Columbia River
Break in talks comes as Trump escalates trade war with Canada and threatens its sovereignty. The United States has paused negotiations with Canada on a key water-sharing treaty as Donald Trump ...The Guardian - 1d -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 3d -
Canada Gets a New Leader Amid Trump’s Trade War
Mark Carney, Canada’s incoming prime minister, is no stranger to crises. Now he faces what is arguably the challenge of a lifetime: President Trump. Matina Stevis-Gridneff, the Canada bureau chief ...The New York Times - 5h -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - 1d -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - 4d -
Trump claims Putin will be more 'generous' in peace talks than 'difficult' Ukraine
Even though President Donald Trump threatened Russia with sanctions, he claimed President Vladamir Putin is more "generous" when it comes to ending the war.ABC News - 6d -
Tesla, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.The New York Times - 2h -
President Trump defends tariffs against allies and threatens more amid volatility in markets
President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed ...CBS News - 1h -
A Timeline of Trump’s Tariff Fight With Canada, Mexico, China and the E.U.
In the first 50 days of his second term, President Trump’s penchant for imposing and then suspending tariffs has shaken markets and confounded trading partners.The New York Times - 19h -
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 - 14h -
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 - 1d -
America's allies hit back as Trump administration imposes 25% tariffs on metals imports
The U.S. raised tariffs on steel and aluminum imports to 25% as President Trump digs in on trade policies that have rocked financial markets.NBC News - 3d -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 2d -
Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.The New York Times - 6d -
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 - 13h -
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 -
China's retaliatory tariffs are a direct hit to U.S. farmers
Here are the products subject to China's retaliatory tariffs, and how U.S. farmers are reacting to Trump's trade policy.CBS News - 3d -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 2d -
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 - 2d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 4d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 3d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 5d -
Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’
Managers’ favourite stocks tumble as market volatility surgesFinancial Times - 2d -
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 dealFinancial Times - 3h -
Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.The New York Times - Mar. 6 -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 1h -
Recession fears escalate across U.S.
U.S. stocks plunged Monday as President Trump declined to rule out the possibility that the nation is tipping into a recession. CBS News MoneyWatch correspondent Kelly O'Grady examines the market's ...CBS News - 3d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 3d -
Trump threatens 200% tariff on EU liquor; US stocks continue to fall
Recession fears are growing as President Donald Trump is threatening to impose 200 percent tariffs on alcohol from the European Union, sending stocks plunging yet again. "I'm not going to bend at ...NBC News - 3h -
Trump forces India’s hand on tariffs
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 3d -
Modi’s tariff tap dance with Trump
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 9h -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 3d -
Europe's response to the threat from Trump
Post-war security and trade framework crumbles under new US leadershipFinancial Times - 1d -
Inside Trump’s War on the I.R.S.: Dropped Audits and a Skeleton Staff
President Trump is planning to gut the work force while trying to turn the I.R.S. into a more political agency.The New York Times - 3d -
Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'
Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.BBC News - 1d -
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs
US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...The Guardian - 4d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 4d -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - 3d