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Volkswagen’s Profit Under Pressure From Tariffs and Competition

The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.

The New York Times - 3d

Slotkin slams 'reckless' approach to tariffs: 'I just want a scalpel and not a sledgehammer'

Sen. Elissa Slotkin (D-Mich.) said Sunday that most Democrats don't oppose tariffs altogether, but she criticized President Trump's approach as "reckless." "Most of us aren't against tariffs, full ...

The Hill - 5d

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 - 5d

Fernandes hits back at Ratcliffe over 'overpaid' jibe

Manchester United captain Bruno Fernandes said it is not the players' fault for the contracts signed off by the club as he hit back at claims by co-owner Jim Ratcliffe that some are "overpaid".And ...

Yahoo Sports - 14h

Canadians deal with tariff threats amid Trudeau successor battle

As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...

CBS News - 5d

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 - 3d

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 - 3d

‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.

Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...

NBC News - 2d

Trump threatens Europe with 200 percent tariff on wine, Champagne

President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...

The Hill - 1d

Thousands in Nepal want monarchy back as public frustration with politics grows

Thousands of supporters have greeted Nepal’s former king in capital Kathmandu and demanded his abolished monarchy be reinstated and Hinduism brought back as a state religion

ABC News - 5d

How the Social Security Administration plans to take back overpayments to Americans

The Social Security Administration plans to take back overpayments to beneficiaries from their upcoming checks. CBS MoneyWatch associate managing editor Aimee Picchi has more.

CBS News - 3d

Packers free-agent linebacker Eric Wilson is heading back to the Vikings

After spending three seasons in Green Bay, Eric Wilson is heading back to the team with which he started his NFL career.

Yahoo Sports - 12h

Congo's friends may force it to sit down and talk with Rwanda-backed rebels

Democratic Republic of Congo President Tshisekedi has long ruled out dialogue with Rwanda-backed M23, but defeats and waning support have forced him to rethink.

NBC News - 13h

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 - 4d

Drug policy expert on fentanyl crisis and tariffs

Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...

CBS News - 4d

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 - 2d

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 - 2d

Stocks slide into correction as tariff anxiety persists.

The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.

The New York Times - 1d

Inflation and tariffs might scare shoppers. Have they scared CEOs?

Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.

MarketWatch - 5d

Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact

Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.

CNBC - 4d

Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'

Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.

CNBC - 4d

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 - 3d

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 - 3d

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 - 2d

Porsche may hike prices on sports cars if tariffs are implemented

Two of Europe’s leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they’re passed along.

MarketWatch - 2d

Boeing plane prices could increase by millions with tariffs, says AerCap CEO

AerCap CEO Aengus Kelly joined CNBC's "Squawk Box" to discuss how tariffs could impact Boeing production.

CNBC - 2d

Steel and aluminum tariffs could cause price broad price hikes

Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum imports.

CBS News - 2d

US tariffs could extend Germany's recession, says bank

Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.

BBC News - 2d

U.S. tariffs could thrust Germany into recession, central bank governor says

Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.

CNBC - 1d

Trump threatens to put 200% tariff on French Champagne and other EU spirits

The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.

CNBC - 1d

Republicans use legislative sneak play to tie Democrats' hands on tariffs

House Republicans successfully blocked Democrats from forcing votes and debate on President Donald Trump's controversial tariffs.

ABC News - 1d

What alcohol would cost more under 200% Trump tariff?

Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.

The Hill - 17h

Elon Musk's carmaker Tesla raises concern over Trump tariffs

The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.

BBC News - 16h

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.

CNBC - 9h

'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink

Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.

CNBC - 1d

Mark Carney to Be the Next Prime Minister of Canada

The prominent central banker and investor was chosen in a crucial leadership race amid threats from President Trump. He is expected to quickly call a federal election.

The New York Times - 4d