Latest in Wall Street reacts to Trump's tariff flip flopping with Canada
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Rubio says Canada takeover won't be on G7 agenda
Secretary of State Marco Rubio said that talk about the U.S. acquiring Canada will not be a topic of discussion when the Group of Seven (G7) nations meet in Quebec. Asked about President Trump's ...The Hill - 5h -
China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - 4d -
How Trump's threats have revived Canada's Liberal Party
Justin Trudeau's party was headed for near-certain defeat - until the US president said he wanted to make Canada the 51st state.BBC News - 3d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - 4d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - 2d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 5d -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 2d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 1d -
Investors buoyed by signs of cooling U.S. inflation
Wall Street breathes a sigh of relief after a new report showed inflation slowed last month by more than expected.CBS News - 8h -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 2d -
White House says Canada would 'benefit greatly' from becoming 51st state
White House press secretary Karoline Leavitt told reporters that Canada would "benefit greatly" from becoming the 51st state as tensions continue over tariffs.NBC News - 1d -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 14h -
Trump says tariff approach shows 'flexibility' not 'inconsistency'
President Trump on Wednesday disputed that his repeated threats of tariffs followed by exemptions or backtracking was not a case of inconsistency, but of “flexibility,” even as the approach has ...The Hill - 5h -
US pauses water-sharing negotiations with Canada over Columbia River
Break in talks comes as Trump escalates trade war with Canada and threatens its sovereignty. The United States has paused negotiations with Canada on a key water-sharing treaty as Donald Trump ...The Guardian - 7h -
Trump says he's doubling tariffs on Canadian steel and aluminum to 50%
President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.CBS News - 1d -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - 1d -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 12h -
Mark Carney Will Be Canada’s Next Prime Minister. Here’s What to Know.
Mark Carney, a former central banker, now heads the Liberal Party and will soon lead Canada, tasked with responding to President Trump’s threats.The New York Times - 2d -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 1d -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 19h -
Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.The New York Times - 10h -
Mark Carney: 'Canada never, ever, will be part of America'
Canada’s incoming prime minister, Mark Carney, is pledging to continue Justin Trudeau's legacy of standing up to President Trump and rejecting threats to make the nation part of the U.S. “The ...The Hill - 2d -
Trump Has Said ‘No Exceptions’ to His Tariffs. Will That Last?
His administration has acknowledged that exceptions undercut the power of tariffs, but it seems hard for the president to resist making deals.The New York Times - 2d -
Canada’s designated PM Mark Carney meets Trudeau as Trump threat looms
Former central banker won landslide victory in Liberal party race as trade war with US hastens transfer of power. Canada ’s incoming prime minister, Mark Carney, has met with Justin Trudeau as ...The Guardian - 2d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 2d -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - 5d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 2d -
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump's tariffs, which include 25% levies on automobiles and supporting parts.CNBC - 2d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 1d -
Trump’s 25% tariffs on steel and aluminum imports take effect, Europe retaliates
The European Union announced countermeasures targeting the U.S. after President Donald Trump's 25% tariffs on steel and aluminum imports came into effect.CNBC - 16h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 2d -
What does Ontario's electricity surcharge mean for New York?
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...CBS News - 1d -
Mar 12: CBS News 24/7, 1pm ET
Trump's 25% tariffs on steel and aluminum take effect, prompting EU and Canada to retaliate; NASA set to bring astronauts home after eight-day mission turned into nine months.CBS News - 2h -
Chrystia Freeland Eyes Justin Trudeau’s Job as Canada’s Liberal Party Leader
Ms. Freeland is vying to become Canada’s next Liberal Party leader and prime minister on Sunday. Her chances could hinge on whether voters consider President Trump’s dislike of her an asset.The New York Times - 5d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - 6h -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - 5d -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 2d -
Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors
While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.MarketWatch - 8h -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - 3h -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - 3d