Latest in Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
Sort by
2,317 items
-
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 3d -
As Trump Tariffs Loom, White House Eyes Costly Farmer Bailouts
The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.The New York Times - 3d -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 1d -
Powell warns Trump tariffs, risks are 'significantly larger than expected'
Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump's new tariffs were far larger than anticipated, raising new challenges as the bank ...The Hill - 1d -
Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
The president said he “couldn’t care less” if automakers raised prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.The New York Times - 5d -
Senate Republican: Trump 'very well aware' of potential tariff risks
Sen. Ron Johnson (R-Wis.) weighed in on President Trump's looming tariffs, saying Trump is "very well aware" of the potential risks they could have on everyday Americans. Still, Johnson ...The Hill - 3d -
U.S. stocks plunge after Trump's tariff shock to global trade
President Donald Trump's rollout of sweeping tariffs on virtually all U.S. imports shattered markets Thursday, as investors dealt an emphatic rebuke of his effort to reorder global trade.NBC News - 2d -
Impact of tariffs on prices of imports from top brands
President Trump said that his sweeping tariffs on imports are designed to boost American companies that make products in the U.S. But for many popular brands that import their products from ...NBC News - 1d -
What's the goal of tariffs if it means higher prices in the US?
President Donald Trump says his goal for sweeping reciprocal tariffs is to realign the economy by bringing jobs back to the United States. To do that, he’s making products made overseas more ...NBC News - 1d -
Tariff-wary buyers scoop up vehicles before the 'storm' hits car prices
Consumers are hitting the gas on car purchases to head off expected price hikes from Trump’s new tariffs, which threaten to reverse recent momentum in auto sales.NBC News - 3d -
US stocks suffer major losses in 1st trading session after Trump's new tariffs
Trump's new tariffs elicited threats of retaliation from foreign leaders.ABC News - 1d -
Trump's reciprocal tariffs a 'double-edged sword': Sen. Ron Johnson
Trump promised the tariffs will bring about "the golden age of America," but economists have warned a recession could happen.The Hill - 1d -
Shopping spree? Consumers rush to buy goods ahead of Trump tariffs
President Trump's tariffs are expected to drive up prices, and some consumers are trying to get ahead of the action.The Hill - 6h -
Congress has power over tariffs, but stopping Trump isn't likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.CNBC - 23h -
We're jumping into this tariffs-driven market plunge and buying two stocks
One name has great pricing power, the other does most of its business in the U.S.CNBC - 2d -
Tech stocks have worst day since Covid pandemic, led by plunge in Apple
Technology stocks plummeted Thursday after President Donald Trump's new tariff policies sparked widespread market panic.CNBC - 1d -
Stephen Colbert Likens Trump’s Tariffs to an Economic Infection
“Has anyone thought about injecting our money with bleach?” Colbert said after President Trump’s new tariffs tanked the stock market on Thursday.The New York Times - 1d -
Sector by sector: the Trump tariff fallout
US consumers are likely to be the biggest victims with cost increases set to be passed on to customersFinancial Times - 2d -
Thune backs Trump tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP leader warns against undoing tariffs Senate Majority Leader John Thune ...The Hill - 3d -
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.The New York Times - 2d -
UK escapes worst of Trump's tariff wrath with 10% levy but warns of 'threat' to global economy
The U.K. escaped relatively unscathed compared with many other nations, facing the lowest trade tariff that Trump announced Wednesday.CNBC - 2d -
How Trump’s Reciprocal Tariffs Impact the Stock Market
What to know about the president’s trade war and how it impacts Wall Street.Inc. - 2d -
Investors are turning bearish on the U.S. dollar as Trump tariffs loom
Market watchers told CNBC they saw upside for certain currencies amid "erosion of confidence in the dollar."CNBC - 3d -
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.CNBC - 1d -
Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.The New York Times - 2d -
Trump tariffs: Smart money moves to make during times of economic uncertainty
President Donald Trump has announced tariffs for a variety of political and economic reasons. Here's how Americans can prepare for potential price swings.CNBC - 3d -
Top vaccine official sends warning
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Top FDA official's exit sends ripples through Washington Peter Marks, who led the Food and Drug ...The Hill - 4d -
As the Real ID deadline looms, DMV offices expect even longer lines than usual
Some state officials are warning about overcrowding and long wait times at Department of Motor Vehicles offices across the country as the deadline approaches for airline passengers to show a Real ...NBC News - 2d -
Watch live: Senate Dems speak out against Trump's 'senseless' tariff agenda
Senate Democratic Leader Chuck Schumer (N.Y.) is leading the charge against looming "Liberation Day" tariffs set to be announced by President Trump on Wednesday. During an event in the Senate ...The Hill - 3d -
GOP senators express alarm over scale of Trump tariffs
Republican senators are expressing varying degrees of shock and alarm at the scale of President Trump’s “reciprocal” tariffs against trading partners and allies, which sent stock markets into a ...The Hill - 1d -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 1d -
Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.CBS News - 3h -
Markets plunge in reaction to Trump 'Liberation Day' tariffs
Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy tariffs on nearly every nation exporting products to the United States. The ...The Hill - 2d -
Trump’s wall of tariffs is likely to raise prices and cause chaos for business
President promised liberation yet may have plunged the US into recession and the world into an economic scramble. Donald Trump is finally making good on his campaign promises to “build that wall” – ...The Guardian - 2d -
Tech group CEO: Trump tariffs will 'drive inflation,' 'kill jobs'
The head of the Consumer Technology Association (CTA) warned that President Trump’s sweeping tariffs will “drive inflation” and “kill jobs,” risking a recession in the U.S. Trump announced his ...The Hill - 2d -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 1d -
Global economy will ‘massively suffer’ from Donald Trump tariffs, Ursula von der Leyen warns – Europe live
European Commission president hopes to move from confrontation to negotiation after Trump attack on ‘pathetic’ EU. What are tariffs and why do they matter? French prime minister François ...The Guardian - 2d -
GOP senator on market reaction to Trump tariffs: 'What’s happening is not good'
Sen. John Kennedy (R-La.) said Friday the steep drop in markets over President Trump's tariffs is "not good" even as he defended Trump's long-term goal to shore up U.S. production. "The stock ...The Hill - 23h -
Aston Martin to raise more than £125mn amid US tariff threat
Luxury-car maker could face £30mn hit to gross profit due to Donald Trump’s looming 25% levyFinancial Times - 5d