Latest in Trump tariffs will mean higher prices for consumers, retailers say
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Trump tariffs will have ‘winners and losers all across the board’: House Ways & Means Cmte. chair
Chairman of the House Ways and Means Committee, Rep. Jason Smith (R-Mo.) discusses the impact of President Trump’s sweeping tariffs on Canada, China and Mexico ahead of the president's address to a ...NBC News - 1d -
Here's what Trump's tariff barrage could mean for your 401(k) plan
The stock market has swung wildly since President Trump placed 25% tariffs on Canada and Mexico. Here's what to know about your 401(k).CBS News - 18h -
Best Buy CEO says tariffs make price increases for Americans highly likely
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 yearsMarketWatch - 1d -
In Democratic response, Slotkin says Trump has no plan to lower grocery prices
The Michigan senator said his tariffs will raise the cost of cars and lumber.ABC News - 1d -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - Feb. 24 -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - Feb. 24 -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - Feb. 27 -
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 - 6d -
We're lifting our price target on off-price retailer TJX after another strong quarter
The stock climbed more than 3%, to over $126 a share.CNBC - Feb. 26 -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 19h -
Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 1d -
Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access
Eli Lilly is offering higher-dose vials through its direct-to-consumer website, LillyDirect, which started offering lower doses in vials in August.CNBC - Feb. 25 -
What Alphabet's plan to launch a lower-price YouTube product means for the stock
The emphasis on YouTube subscriptions is a key part of the Alphabet story as it diversifies the company away from advertising.CNBC - Feb. 22 -
Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the message it sends about the mood among consumers right now.MarketWatch - 5d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Novo Nordisk goes direct to consumer with Wegovy. What it means for obesity rival Eli Lilly
Shares of Eli Lilly rose Wednesday despite its rival's announcement.CNBC - 20h -
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 - 6d -
Trump says Canada, China and Mexico tariffs will take effect next week
President Donald Trump said Thursday that 25% tariffs on goods imported from Canada and Mexico would go into effect Tuesday, alongside yet another 10% layer of duties on China following one that ...NBC News - 6d -
Tariff Tuesday: Trump Says He’ll Hit Mexico, Canada, and China With Duties
Citing the unchecked flow of fentanyl, he plans to levy a 25 percent tariff on most products from our northern and southern neighbors. China faces an additional 10 percent levy.Inc. - 6d -
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 - 6d -
Treasury Secretary Bessent says Trump tariffs won't cause inflation to increase
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.CNBC - 3d -
Trump says Mexico and Canada tariffs will go into effect as planned
President Trump on Monday said tariffs are "all set" to go into effect overnight, and that there is "no room" for Mexico and Canada to avoid them.CBS News - 2d -
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 - 2d -
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 - 2d -
Trump says ‘no room left’ for deal that avoids tariffs on Mexico and Canada
Announcement leads to sharp sell-off on Wall Street as Trump also vows tariffs on farm products starting in April. The US will press ahead with steep tariffs on Canada and Mexico from Tuesday, ...The Guardian - 2d -
Trump says 25% tariffs on Mexico and Canada will go into effect
President Trump says tariffs on Mexico and Canada are “all set” and that there is no room left for negotiation. The auto industry is expected to be particularly impacted by the 25% tariffs. NBC ...NBC News - 2d -
Trump says no more deals: Tariffs set to hit Canada, Mexico
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says tariffs will finally take effect tomorrow The president told reporters ...The Hill - 2d -
Mexico and Canada tariffs will go into effect as planned, Trump says
President Trump said that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada as planned, after taking a month for aides to negotiate a potential ...CBS News - 2d -
Mexico will respond with retaliatory tariffs after Trump action, Sheinbaum says
Mexican President Claudia Sheinbaum said she will announce retaliatory tariffs on Sunday in response to President Trump implementing 25 percent tariffs on goods from Mexico. She announced at her ...The Hill - 2d -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump's controversial tariffs will "probably" come "tomorrow."CNBC - 1d -
Trump could meet Canada and Mexico ‘in the middle’ on tariffs, Lutnick says
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 1d -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said 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 - 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 -
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 -
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 - 20h -
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 - 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 - 16h -
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 - 15h