Latest in Trump enacting 25% tariffs on Mexico and Canada, 10% tariff on China
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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 - 1d -
Trump says Trudeau ‘trying to use’ tariff fight ‘to stay in power’
President Trump said that Canadian Prime Minister Justin Trudeau is trying to use the escalating trade war as a way to stay in power after the two leaders spoke on Wednesday about Trump’s newly ...The Hill - 1d -
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 - 1d -
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 - 1d -
Carville says Trump ‘trying to harm’ US with actions on Ukraine, tariffs
Democratic strategist James Carville ripped into President Trump's recent moves on Ukraine and tariffs, accusing the president of deliberately hurting the country. “He’s actually trying to harm the ...The Hill - 1d -
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 - 1d -
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 - 1d -
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 - 22h -
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 - 22h -
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 - 23h -
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 - 23h -
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 - 23h -
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 - 22h -
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 - 21h -
Majority say US, not other countries, will feel brunt of Trump tariffs: Poll
A majority of Americans in a new poll said that the U.S. and not other countries will feel the brunt of President Trump’s tariffs. When asked about “the cost of tariffs on foreign products imported ...The Hill - 20h -
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 - 19h -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 18h -
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 - 8h -
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 - 7h -
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 - 8h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 6h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 4h -
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 - 3h -
How do tariffs work?
President Trump has followed through on his threat to place tariffs on goods from Canada and Mexico and he's increased the tariffs already in place against China. CBS News business analyst Jill ...CBS News - 2d -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
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 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
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 -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - Feb. 26 -
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.
The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...MarketWatch - Feb. 27 -
Trump praises Starmer’s ‘hard’ lobbying as he again suggests UK will be exempt from US tariffs – live
Trump calls Starmer meeting ‘tremendously productive’ and says ‘we have a very good chance at arriving at a very good deal’. Trump-Starmer visit: the key takeaways European Commission ...The Guardian - 6d -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 6d -
Wall Street stocks steady at end of volatile month despite Trump tariff threats
S&P 500 rises 1.6% to trim February’s lossesFinancial Times - 5d -
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 - 3d -
Warren Buffett calls Trump's tariffs a tax on goods, says 'the tooth fairy doesn't pay 'em'
"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.CNBC - 3d