Latest in Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
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Will Canada and Mexico tariffs hit? Trump official says they’re avoidable or possibly short term.
President Donald Trump’s nominee for commerce secretary, billionaire financial-services executive Howard Lutnick, made an effort Wednesday to ease concerns about potentially inflationary 25% ...MarketWatch - 20h -
How Trump tariffs could upend car markets in Europe, the US and China
Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain. The internal combustion engine appears to hold a special place in Donald Trump’s ...The Guardian - 1d -
Trump’s tariffs could undo his ‘America First’ agenda
Tariffs fly in the face of the rest of Trump’s economic agenda.The Hill - 1d -
How Trump's tariffs could impact your wallet
President Trump has promised to make tariffs a central part of his economic and foreign policy. NBC News' Zinhle Essamuah explains how tariffs work and how they could impact your personal finances.NBC News - 2d -
Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
The levies could go into effect within the next few days.Inc. - 2d -
Oil prices end lower on Trump’s tariff talk, concerns over AI-related power demand
Oil futures settled lower on Monday, as the Trump administration’s ongoing tariff threats and their potential economic impact, along with concerns over the potential for a slowdown in AI-related ...MarketWatch - 2d -
Democrats urge Trump to make good on campaign pledge to lower food prices
Elizabeth Warren and fellow lawmakers slam president for not keeping promise to reduce grocery bills ‘immediately’. US politics live – latest updates Democrats have challenged Donald Trump ...The Guardian - 2d -
Democrats slam Trump for not making good on promise to 'immediately' lower food prices
Trump vowed to slash grocery prices as soon as he took office, yet he has barely addressed the cost of food so far, Sen. Warren and others wrote in a letter.NBC News - 3d -
Trump tariffs could raise prices on technology like laptops, smartphones and AI
Trade groups and consultants warn that trade wars spurred by Trump's tariffs could slow global commerce and raise prices for consumers.CNBC - 3d -
Crypto, TikTok, tariffs: How Trump’s whirlwind first week hit your wallet and your phone
President Donald Trump issued a barrage of executive orders that were aimed squarely at markets and your money — but what will they actually do?MarketWatch - 4d -
Fast Food Is an American Staple, but Its Workers Struggle to Survive
Fast food is inextricably linked to American culture, but its workers can’t make ends meet.Inc. - 4d -
Three teenagers die after car hits tree
The driver and two passengers die at the scene and another passenger is critically injured in hospital.BBC News - 5d -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - 5d -
How President Trump's potential tariffs could impact car prices
President Trump spoke at the World Economic Forum on Thursday about tariffs, which could drive up car costs. With higher prices on new cars, used ones could also spike due to demand. CBS News ...CBS News - 6d -
Trump’s early moves could actually increase drug prices for seniors
Perhaps retirement issues aren’t top of mind for the president.MarketWatch - 6d -
Why Trump's tariff threat could raise car prices significantly
Some of the biggest car brands, including Ford, General Motors and Stellantis, have plants in Mexico and Canada.CBS News - 6d -
How Trump's proposed tariffs could raise U.S. car prices
The average price of a new car in the U.S. is more than $49,000, and President Trump's proposal to increase tariffs on Mexico and Canada could raise car prices even higher. Kelly O'Grady examines why.CBS News - 6d -
Trump Drive to Cut Safety Net Could Hit His Voters
The new administration wants to slash aid for health, food and housing, but many of those programs now reach the struggling working class he is courting.The New York Times - 6d -
Trump picks former fast-food chain CEO Andrew Puzder for EU ambassador
President Trump has selected Andrew Puzder, a former fast-food chain CEO who he attempted to install in his first White House Cabinet, as his pick for ambassador to the European Union. Trump ...The Hill - Jan. 23 -
Trump’s Mexico tariffs would shift plants to Asia, warns car parts maker
Sumitomo Electric head says president’s proposed 25% duty would amount to the US ‘strangling’ itselfFinancial Times - Jan. 23 -
Trump promised to lower gas prices — but his tariffs could help raise them instead
President Donald Trump’s “drill, baby, drill” pledge is well known, but drivers may end up paying more at the pump in the coming months despite his plans to lift U.S. oil production.MarketWatch - Jan. 22 -
China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
How Trump’s Tariffs Could Affect the U.S., Canada and Mexico
While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.The New York Times - Jan. 21 -
Trump trade battles could spike food prices, help China: former Mexico trade chief
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico's former trade chief said Monday “I say bring it on," Kenneth ...The Hill - Jan. 21 -
Trump says China tariffs could hinge on TikTok deal
President signs executive order giving popular video app’s owner 75 days to find US buyerFinancial Times - Jan. 21 -
Trump’s tariff plans could be harming his ‘animal spirit’ investors
The big unknown is how far Trump is prepared to go to win a trade war before it winds up crushing animal spirits.The Hill - Jan. 17 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - Jan. 9 -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - Jan. 9 -
Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland
President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...MarketWatch - Jan. 9 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - Jan. 6 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Price transparency could be the healthcare win Trump wants (and America needs)
Americans nationwide have every reason to be optimistic that positive change is on the horizon for the nation’s healthcare system.The Hill - Jan. 5 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2