Latest in Trump tariffs will mean higher prices for consumers, retailers say
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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 - 3h -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21 -
How U.S. tariffs on Mexico, Canada could impact American consumers
The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...CBS News - 3d -
Campbell’s joins list of consumer companies baffled over specific tariff impacts
Campbell’s said it’s currently too difficult to estimate how tariffs will affect prices and sales.MarketWatch - 1d -
European Central Bank to make 'last easy rate cut' as tariffs, higher fiscal spending loom
Disagreement among policymakers may be set to increase as the neutral rate swims into view.CNBC - 1d -
Hochul says she appealed to Trump as a New Yorker in bid to preserve congestion pricing
New York Gov. Kathy Hochul (D) said Thursday that she appealed to President Trump as a New Yorker to try to convince him to drop his war against the congestion pricing initiative in his native ...The Hill - Feb. 27 -
Crypto prices soar after Trump says strategic reserve will include bitcoin, XRP, Solana and others
Cryptocurrency prices surged Sunday after President Donald Trump announced certain digital assets that would be included in his proposed U.S. strategic crypto reserve.MarketWatch - 3d -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - Feb. 27 -
Abercrombie & Fitch’s stock falls to 15-month low as retailer weighs tariff impact
Abercrombie & Fitch also approved a $1.3 billion share-repurchase program, including $400 million in 2025.MarketWatch - 23h -
What Trump’s Deportation Plans Mean for Central America
Deporting migrants to Central American countries removes many political and legal hurdles for the Trump administration. How far can the practice go before these nations reach a breaking point?The New York Times - Feb. 25 -
What Trump’s closer ties to Russia mean for China
Rapprochement with Moscow over war in Ukraine serves Beijing’s aim of multipolar world orderFinancial Times - Feb. 27 -
What Trump’s aid freeze means for Ukraine war
President Trump’s freeze on U.S. aid going to Ukraine threatens to create severe problems for Kyiv in its war against Russia, leaving the country more vulnerable to aerial attacks on population ...The Hill - 1d -
Consumers turn to buying or renting hens as egg prices soar, but it may not help you save
Amid the rising costs of eggs, some consumers are looking for alternatives. Across the country, some hatcheries said they're seeing more interest in buying chickens, but experts warn you may not ...CBS News - Feb. 21 -
Novo Nordisk offers Wegovy for less than half the price through new direct-to-consumer pharmacy
The pharmacy, called NovoCare, will allow patients to pay $499 in cash per month for the blockbuster weight loss drug.CNBC - 20h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22 -
How new tariffs could impact prices and your wallet
As new tariffs take effect, Americans are watching for potential price increases on everyday goods. CBS News business analyst Jill Schlesinger explains how the tariffs are connected and what they ...CBS News - 1d -
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 -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - Feb. 27 -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - 6d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 6d -
Trump says 25% tariffs on Canada and Mexico still set to take effect tomorrow
Ukrainian President Volodymyr Zelenskyy said yesterday that he believes he will be able to salvage his relationship with the United States after President Donald Trump and Vice President JD Vance ...NBC News - 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 - 2d -
Canada will respond to Trump tariffs ‘like they’ve never seen before,’ says Ontario premier
President Trump dashed hopes for a last-minute deal that would avoid 25% tariffs being imposed on Canada and Mexico. Ontario Premier Doug Ford discusses what actions Canada may be willing to take ...NBC News - 2d -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 1d -
Trump says a 'little disturbance' from tariffs is OK, as markets reel from trade war fears
President Donald Trump conceded before a joint session of Congress that his steep new tariffs will cause "a little disturbance."CNBC - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 23h -
TJX could steal share from rivals as Trump tariffs kick in, says UBS — here's why
TJX is a high-quality defensive stock that's ideal to own in any economy, but particularly in this uncertain environment, Jim Cramer said.CNBC - 20h -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 2d -
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiners’ trade group knocked President Trump for his 25 percent tariffs on Canada and Mexico, both neighboring nations known for having the largest bilateral free trade agreements with the ...The Hill - 1d -
Trump administration lawyers deny plans to dismantle consumer watchdog
The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer ...The Hill - Feb. 25 -
Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Some states have paused their Home Energy Rebate programs, created by the Inflation Reduction Act, amid a federal funding freeze.CNBC - Feb. 26 -
What Would Trump Taking Control of the USPS Mean for You?
Some reports say Trump plans to take control of the USPS, possibly to privatize it. Here’s what that could mean for businesses and consumers.Inc. - Feb. 21 -
Trump 'miscalculation' may mean danger for Zelenskyy, win for Putin: Source
President Volodymyr Zelenskyy declared martial law early on Feb. 24, 2022, under Kyiv skies still tinged black by the smoke from Russian missile strikes.ABC News - Feb. 24 -
What does the Trump-Zelenskyy blowup mean for Ukraine peace talks?
U.S.-Ukraine relations went off the rails Friday after President Trump and Vice President JD Vance clashed with Ukrainian President Volodymyr Zelenskyy in front of cameras at the Oval Office. Ed ...CBS News - 5d -
Starmer to warn Zelenskyy peace with Russia means mending ties with Trump
UK prime minister to host European leaders at Sunday summit after disastrous White House meeting on UkraineFinancial Times - 4d -
When presidents clash: What does the Trump-Zelensky skirmish mean for Ukraine?
With Trump accusing Zelensky of “gambling with World War III” and demanding more gratitude for American support, all on camera, the encounter was one of the most hostile public clashes between a ...The Hill - 2d -
Trump Made English the Official Language. What Does It Mean for the Country?
President Trump’s executive order puts his “America first” stamp onto the nation’s speech. But the effect might be muted.The New York Times - 2d -
Trump Said Tariffs Are Coming
Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.The New York Times - 2d -
Will Trump's tariffs increase inflation?
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and ...CBS News - 1d