Latest in Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
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Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 1d -
‘We’re clearly heading towards collapse’: why the Murdoch empire is about to go bang
An explosive succession trial and an astonishing interview with one of Rupert’s sons have exposed the paranoia and hatred at the heart of global media’s most powerful family. This could get messy…. ...The Guardian - Feb. 22 -
Apple says a bug caused iPhone voice-to-text feature to write 'Trump' when a user says 'racist'
Apple said it is working on repairing a glitch after some iPhone users noticed that speaking the word “racist” into the voice-to-text feature causes it to write “Trump” before quickly switching to ...NBC News - Feb. 25 -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - Feb. 24 -
Judge Says Trump Can’t Fire Chair of Federal Workers Board Without Cause
Cathy Harris had sued to block her dismissal from the panel that handles government employee disputes. Employees swept up in the Trump administration’s mass firings have appealed to the board.The New York Times - 7h -
Trump says he’s going to Fort Knox to inspect gold reserves
President Trump said Thursday he intends to make a trip to Fort Knox in Kentucky to inspect the nation’s gold reserves amid a push from Elon Musk and some Republicans to conduct a review the ...The Hill - Feb. 21 -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 5d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 4d -
I’m ashamed of Donald Trump, says Canada’s football manager
Jesse Marsch has said he is “ashamed” of Donald Trump’s “ridiculous rhetoric” towards the country since the US president’s return to the White House.Yahoo Sports - 6d -
Tariffs are not going to solve America’s ills
Punitive import duties will neither reduce the US trade deficit nor boost employment in manufacturingFinancial Times - 23h -
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.
Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.MarketWatch - 5d -
Inflation didn’t get any worse. When will it start going down again?
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.MarketWatch - 4d -
Japanese auto sector’s $18bn Mexico bet grows risky under Trump tariff threat
New deals on pause as threatened duties undermine premise for investmentFinancial Times - Feb. 26 -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 4d -
Trudeau hits out at 'dumb' tariffs as Trump warns of further hikes against Canada
Canada has imposed its own retaliatory tariffs, which will remain in place until the US reverses course.BBC News - 5h -
Majority of Americans say income not matching inflation: Poll
A majority of Americans say their income is not matching pace with inflation, a new survey found. According to the CBS News/YouGov poll released Thursday, 77 percent of respondents say their income ...The Hill - 5d -
Trump Takes Aim at Chinese Shipping Amid Widening Trade War
A new proposal would impose steep levies on Chinese-made ships arriving at U.S. ports, threatening to increase costs for imports.The New York Times - 6d -
Trump says US will impose additional 10% tariff on China
He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been paused.BBC News - 5d -
UK-US trade deal could mean tariffs 'not necessary', says Trump
The US president says a trade deal could happen very quickly and avoid taxes on UK imports.BBC News - 5d -
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.ABC News - 5d -
Wall Street slumps after Trump says tariffs will begin on March 4
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.CBS News - 1d -
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 1d -
Stocks tumble after Trump says long-threatened tariffs are coming
Investors dumped stocks on Wall Street late Monday after President Donald Trump said his threatened tariffs on Canada and Mexico would go forward as planned early Tuesday.NBC News - 1d -
Trump’s tariffs will bring ‘nothing but pain’ to rural America, farmers say
Agriculture industry warns customers are looking elsewhere for key commoditiesFinancial Times - 6h -
Trump could reduce tariffs as soon as tomorrow, commerce secretary says
Ahead of President Trump's address to Congress on Tuesday night, the stock market took a dive for the second day in a row, largely due to Mr. Trump's sweeping tariffs on Canada, Mexico and China. ...CBS News - 3h -
Trump says tariffs are to curb fentanyl, but U.S. overdose deaths are already declining
While President Donald Trump has said the tariffs are meant stop the flow of drugs across the border, experts worry it may undermine progress already underway.NBC News - 28m -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
Inflation traders brace for short-term shock from tariffs, immigration policies
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above ...MarketWatch - 1d -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 4h -
Tariffs on Mexico strike at the heart of small businesses in Texas
Small, independent businesses make up 70% of the restaurants in Texas. As tariffs on Mexico go into effect, they are among the first to shoulder the burden..ABC News - 4h -
Canada slaps 25% retaliatory tariffs on U.S. goods
Canada is responding to President Trump's tariffs with retaliatory 25% tariffs on U.S. goods. CBS News national correspondent Lana Zak has more on the impact of the tariffs between the U.S. and ...CBS News - 11h -
Vance blasts Canada on drug trade as tariffs begin
Vice President JD Vance is calling out Canada, suggesting the U.S. ally needs to do more to prevent drugs from entering the country through its border. CBS News' Olivia Rinaldi reports on the ...CBS News - 9h -
Wednesday Briefing: Canada and China Strike Back at Tariffs
Plus, a top architecture award for Liu Jiakun.The New York Times - 1h -
Trump to defend trade war in Congress speech as commerce chief says he will meet Canada and China halfway – live
Top Trump adviser says president will defend his trade war while Howard Lutnick, his commerce secretary, says he will find middle ground. US consumers warned to brace for higher prices China ...The Guardian - 5h -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Trump pledges to address 'inflation nightmare' impacting the economy
During his address to Congress, President Trump said addressing economic issues and an "inflation nightmare" were a top priority of his administration, including the rising price of eggs.NBC News - 1h
