Latest in Billion Retaliatory Tariffs
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Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - Mar. 6 -
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live
Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...The Guardian - 2d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - 1d -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 5d -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 4d -
White House defends Trump's tariffs amid plunging stock markets
The White House is defending President Donald Trump's tariffs against the country's top trading partners after the stock market experienced its worst day in 2025 with a sell off that left the Dow ...NBC News - 3d -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 3d -
Trump raises Canada tariffs to 50% after Ontario threatens electricity surcharge
President Donald Trump said he will double the tariffs imposed on steel and aluminum imported from Canada after the province of Ontario announced surcharges on electricity going into New York, ...NBC News - 3d -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - 3d -
Texas official on Chinese tariffs: Running into 'little rough spell' is 'fine'
Texas Agriculture Commissioner Sid Miller said farmers may have a “little rough spell” under President Trump’s new tariff policies with China but the demographic should be “fine” in the long run. ...The Hill - 3d -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - 3d -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - 2d -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 2d -
Fetterman on Trump tariffs: We don't have to 'punch' allies 'in the mouth'
Sen. John Fetterman (D-Pa.) said he disagrees with President Trump’s approach to tariffs on Canada and Mexico, calling it a blow to the U.S.'s working relationship with its allies. “Truthfully, I ...The Hill - 2d -
How new tariffs could make beer more expensive
A new 25% tariff on imported aluminum and steel takes effect today, raising costs for industries that rely on metal. For craft breweries like Talea Beer Co., the price hike could mean higher costs ...CBS News - 2d -
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JPMorgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who ...The Hill - 1d -
Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy
Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact” on ...MarketWatch - 1d -
GOP senator: People in agriculture 'get a little nervous' about tariffs
Sen. Deb Fischer (R-Neb.) voiced support for President Trump's tariff policies Thursday, even as she acknowledged the agricultural community can get "a little nervous" about the topic, which has ...The Hill - 1d -
G7 meetings kick off as world reacts to Trump's tariffs
Secretary of State Marco Rubio is representing the U.S. during the Group of 7 meetings in Canada. This comes as President Trump's tariffs cause concern around the world. Touria Izri, a Global News ...CBS News - 1d -
Trump doubles down on tariff threat: ‘I’m not going to bend’
President Trump called the European Union “hostile and abusive” and threatened to slap a 200 percent tariff on European alcohol if the E.U. does not drop its 50 percent levy on American whiskey. ...NBC News - 1d -
Canada's public safety minister addresses border security, tariffs
The Trump administration said that border security is prompting tariffs against Canada and Mexico. President Trump said Canada specifically does not do enough to curb fentanyl from entering the ...CBS News - 1d -
Details on Trump's threat of 200% tariff on alcohol from European Union
The Dow lost more than 500 points Thursday and the Nasdaq dropped more than 300 as investors reacted to President Trump's threat to impose a 200% tariff on European Union exports of wine, ...CBS News - 14h -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - 5d -
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 - 4d -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 3d -
Ferrari CEO says automaker is doing 'scenario planning' to counter potential impact of tariffs
"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."CNBC - 1d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 1d -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - 4d -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 5d -
Trump forces India’s hand on tariffs
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 4d -
Modi’s tariff tap dance with Trump
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 23h -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 5d -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - 5d -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 4d -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 4d -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - 3d -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - 3d -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - 2d