Latest in Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
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Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 15h -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 9h -
How Tariffs Could Cause Car Insurance Costs to Rise
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.The New York Times - 1d -
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.The New York Times - 1d -
Trump Tariffs Muddle Campaigning for Canada’s Conservatives
Pierre Poilievre’s 25-point lead in the polls evaporated, and he struggled to switch voters’ focus to the economy, crime and other issues.The New York Times - 18h -
US Tariffs Could Make Smartphones Dumber
Donald Trump’s tariffs are likely to make tech manufacturers more risk averse—which could stymie innovation in favor of keeping costs down.Wired - 1d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 15h -
Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts
Nothing is certain under this president – as seen in the inconsistent implementation of tariffs. And it has a longer-term economic cost. Minutes after Donald Trump unveiled a climbdown on tariffs ...The Guardian - 22h -
Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.
With inauguration donations and Mar-a-Lago visits, leaders of the biggest tech companies sought favor with the president in an attempt to steer regulation and tariffs, to little avail.The New York Times - 7h -
Stocks Post Gain for the Week Amid Trump Tariff Volatility, but Investors Remain Anxious
While the S&P 500 rose, other corners of the financial markets showed that investors expect big swings to continue.The New York Times - 1d -
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.The New York Times - 1d -
Batman Beyond Complete Series Blu-Ray Box Set Drops To $25 At Amazon
Batman Beyond: The Complete Animated Series is on sale for a low price right now. If you're in the mood to watch some classic Caped Crusaders cartoons, head over to Amazon and snag the Batman ...GameSpot - 1d -
EU Countries Go on Tariff Defense
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.The New York Times - 1d -
Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.The New York Times - 14h -
Trump admin live updates: Trump strikes deals with law firms totaling $600M
President Donald Trump on Friday announced agreements with five law firms for $600 million in pro bono work.ABC News - 6h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 2d -
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
The legal organization behind a lawsuit challenging President Trump’s tariffs is funded by groups linked to Charles Koch and Leonard A. Leo.The New York Times - 1d -
Trump Tariffs Add to Apple’s Long-Standing Innovation Woes
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 1d -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 11h -
Senators call for probe into possible insider trading over Trump tariff reversal
Two Democrats are seeking answers from the White House about whether Trump administration officials engaged in insider trading amid the tariff rollbacks.ABC News - 2d -
Louisiana shrimpers hope for jumbo benefits from Trump tariffs
NBC News Correspondent Marissa Parra reports from Venice, Louisiana, on how President Trump’s tariffs could impact the livelihood of American shrimpers.NBC News - 1d -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 13h -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 11h -
Trump’s Tariff Pause Is Less Than Meets the Eye
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.The New York Times - 12h -
Harvard Professors Sue Trump Administration Over Threat to Federal Funds
The administration is reviewing about $9 billion in federal funding that the university receives.The New York Times - 8h -
Harvard faculty sue Trump administration over funding cuts threat
Harvard University faculty sued the Trump administration on Friday over a federal assessment of the school's spending amid allegations of their “failure” to protect students from antisemitism. The ...The Hill - 1h -
Trump Administration Delays Plan to Limit Pricey Bandages
Medicare spending on “skin substitutes” reached $10 billion last year. A leading seller made a large donation to President Trump’s election campaign.The New York Times - 1d -
Trump says 5 more law firms will provide $600 million total in free legal work for causes he supports
Trump said all five firms also agreed not to "engage in illegal DEI discrimination and preferences" and commit to "Merit-Based Hiring" as part of the deals.CNBC - 1d -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 3h -
White House unveils new exemptions on some Trump tariffs
The White House has revealed new exemptions for some of President Trump's tariffs, specifically for electronics like smartphones and computers assembled in China. NBC News' Maggie Vespa has more.NBC News - 4h -
Watch: Trump trade rep, congressman have fiery exchange over tariff pause
As President Trump announced a pause to his tariffs, his trade representative, Jamieson Greer, was in the middle of testifying at a House hearingCBS News - 2d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 8h -
Trump Envoy Steve Witkoff Is in Russia, the Kremlin Says
Separately in Belgium, nations supporting Ukraine pledged billions more in military aid and raised doubts about Moscow’s desire for peace.The New York Times - 1d -
How Do the iPhone 16E and Google Pixel 9A Compare to More Expensive Models?
With tariffs threatening to drive up the costs of most things, the new entry-level phones from Apple and Google present a timely opportunity to save some bucks.The New York Times - 2d -
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.The New York Times - 1d -
In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump’s Tariffs
The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.The New York Times - 8h -
Trump's Tariffs... Chaos or a cunning plan?
People were getting ‘yippy’ according to the president…BBC News - 2d -
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.The New York Times - 1d -
Karl Rove urges Trump to avoid tariff ‘happy talk’ amid economic uncertainty
Longtime Republican operative and Fox News contributor Karl Role urged President Trump and his administration to avoid “happy talk” around tariffs amid the uncertainty around the country’s ...The Hill - 10h