Latest in Trump 2nd term live updates: US tariffs on Mexico, Canada take effect Tuesday
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How Trump's tariffs could affect your retirement funds
President Trump's tariffs on Mexico, Canada and China are impacting the stock market and could make a dent in American retirement funds. Eric Diton, the president and managing director of The ...CBS News - 1d -
Trump expected to defend tariff policy in speech to joint session of Congress
President Trump made good on his promise to impose sweeping new tariffs on Canada, Mexico and China. NBC News Correspondents Kelly O’Donnell, Melanie Zanona and Brian Cheung discuss what to expect ...NBC News - 1d -
Companies brace for price pressures as Trump tariffs start to bite
Manufacturing, retail and food sectors highlight coming shocks after duties on Canada, Mexico and China are imposedFinancial Times - 1d -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 1d -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 1d -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 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 - 1d -
Jim Cramer talks Trump tariffs and investor woes after Dow tumbles
CNBC's Jim Cramer laid out Wall Street's concerns over a trade war from Trump tariffs and offered his take on how the White House might view the issue.CNBC - 1d -
Fact-Checking Trump’s Claims on Tariffs, Ukraine and DOGE Before Address to Congress
The president has repeatedly made false or misleading claims in pursuing an aggressive agenda in the first weeks of his second term.The New York Times - 1d -
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 - 1d -
Rep. Byron Donalds defends Trump's tariffs on U.S. allies
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS ...CBS News - 1d -
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 - 1d -
China sets GDP target of 5% for 2025 amid tariff war with Trump
Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war. Explained: what is China’s Two Sessions meeting? China has set its GDP ...The Guardian - 1d -
Trump’s Tariffs Set Off Day of Anger, Retaliation and Market Unease
Global markets fell after steep U.S. tariffs on China, Canada and Mexico went into effect, and as the possible ramifications of a global trade war set in.The New York Times - 1d -
Trump downplaying tariff concerns could be a gift to Democrats: ANALYSIS
Tariff fallout could become a rallying cry for Democrats as they build a case against Trump ahead of midterm elections in hopes of reclaiming some power.ABC News - 1d -
Trump warns tariffs will cause ‘a little disturbance’ in defiant speech
In address to Congress president doubles down on levies and insists he will ‘get’ GreenlandFinancial Times - 1d -
Stocks drop over concerns of a trade war sparked by Trump's tariffs
Concern is growing over the impact of President Donald Trump’s trade war against the United States’ three most important trading partners: Mexico, Canada and China, who are all vowing to retaliate. ...NBC News - 1d -
To Stop Tariffs, Trump Demands Opioid Data That Doesn’t Yet Exist
A top administration official said that, without new declines in overdose deaths, tariffs on Canada and Mexico were appropriate. But the kind of real-time data he demanded doesn’t exist.The New York Times - 1d -
Business owner worries over impact of President Trump's new tariffs
Following President Trump's new tariffs against Mexico, Canada and China, some companies, like Best Buy and Target, say price hikes are expected. The head of a Canadian company who supplies molds ...CBS News - 1d -
Some Chinese legislators quiet on President Trump's tariffs at annual meeting
China has vowed to retaliate against President Trump's new tariffs. While lawmakers at an annual meeting of China's legislature did not answer questions regarding the tariffs, one of China's ...CBS News - 1d -
North American pipeline company warns Trump tariffs will hit fuel prices
TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy securityFinancial Times - 23h -
Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'
entucky’s bourbon industry is bracing for potential economic fallout after President Donald Trump imposed tariffs on imports from Canada, China and Mexico this week — and after all three countries ...The Hill - 23h -
China threatens war on tariffs as Trump administration weighs adjustments
The Trump administration may be weighing adjustments to the president's tariffs on products affecting particular industries. This comes as China issues a stern warning on social media about waging ...CBS News - 22h -
Trump offers one-month tariff exemption to U.S. automakers
Automakers will get a one-month reprieve from 25% tariffs on imports from Mexico and Canada.CBS News - 19h -
Trump tariffs 101: A tax on Americans that raises prices and lowers incomes
Congress has given the president the power to impose new taxes.MarketWatch - 19h -
Trump held calls with American automakers worried about tariffs
President Trump spoke to the leaders of Stellantis, Ford and General Motors as his tariffs on Canada, Mexico and China took effect. The stock prices for the American automakers fell after Mr. ...CBS News - 19h -
Trump grants U.S. automakers one-month exception from tariffs
President Trump has granted U.S. automakers a one-month reprieve from the tariffs imposed on imports from Canada and Mexico.NBC News - 21h -
Trump tariffs will mean higher prices for consumers, retailers say
Retailers including Best Buy and Target are warning that Trump administration tariffs will force them to hike their prices.CBS News - 18h -
Why is Trump's tariff pause for automakers important for consumers, economy?
The White House announced that President Trump would delay tariffs on cars from Mexico and Canada for 30 days. CBS News' Olivia Rinaldi and Caitlin Huey-Burns have the latest on Trump's tariffs.CBS News - 17h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 17h -
Trump grants one-month tariff delay for U.S. automakers
Stocks recorded significant gains Wednesday amid a volatile trading day that largely settled after President Donald Trump granted U.S. automakers a one-month reprieve on new 25% duties imposed on ...NBC News - 18h -
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.The New York Times - 18h -
Trump grants 'Big 3' automakers a one-month delay on tariffs
The White House is giving certain automakers a one-month exemption from tariffs on vehicles from Mexico and Canada. NBC News Business and Data Correspondent Brian Cheung and Progressive Farmer's ...NBC News - 18h -
Trump’s tariffs worry companies. Here’s what they’re saying about the uncertainty.
Companies are assuming tariffs will be a ‘disturbance’ to earnings, but they don’t know how muchMarketWatch - 17h -
The Memo: Trump’s turbulent tariff moves pose risks with voters
President Trump eased his newest tariffs on Wednesday after two days during which those levies roiled financial markets. But the latest tweak only adds to the uncertainty over what Trump’s ...The Hill - 16h -
Trump gives automakers one-month reprieve from tariffs
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.CBS News - 15h -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 13h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 4h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 3h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 3h