Latest in Canada Tariffs Threat
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Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 3d -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 3d -
Dick’s Sporting Goods faces tariff ‘unknowns’ and issues conservative outlook
“The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.MarketWatch - 3d -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - 3d -
Toyota considers exporting from UK to US to ease impact of Trump tariffs
Senior European executive of world’s largest carmaker also warns of more turbulence for the sectorFinancial Times - 3d -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 3d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 3d -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 2d -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - 2d -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 2d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 2d -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - 2d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 2d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 2d -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 2d -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 2d -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - 2d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 2d -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 1d -
Consider these global ETFs as Trump’s tariffs push the world away from the U.S.
Market strategist Keith McCullough: Stock markets in Europe and Asia will be stronger than the U.S.MarketWatch - 1d -
Irish prime minister says "tariffs are damaging" amid Trump trade standoff
Irish Taoiseach Micheál Martin described the U.S. and Ireland's economic relationship as a "two-way street."CBS News - 1d -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - 1d -
Trump tariffs are proving ‘big headache’ for tech giants, says Foxconn
World’s biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and AmazonFinancial Times - 23h -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 19h -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 20h -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 17h -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 15h -
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Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety
The price of gold hit a new milestone as investors sought havens from market turmoil.The New York Times - 6h -
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.The New York Times - 6h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - Mar. 7 -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 2d -
BofA says this tech stock can work even in a recession. We just bought more shares
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.CNBC - 2d -
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.ABC News - 17h -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 5d -
Will Canadians Warm Up to Mark Carney, the Liberal Party Front-Runner Eyeing Trudeau’s Job?
Mark Carney has pitched himself as the fix-it man who can set Canada back on track. As he seeks to lead the Liberal Party, the country’s biggest challenge may be President Trump.The New York Times - Mar. 7 -
Canadians show their displeasure with President Trump
President Trump took aim at dairy and lumber imports from Canada, but the U.S.'s northern neighbor is fighting back. Ed O'Keefe reports on the latest in the tumultuous trade war.CBS News - 6d -
What to know about Mark Carney, elected next Canadian prime minister
Mark Carney, a former central banker, won his Liberal Party's election in a landslide Sunday and will replace Justin Trudeau as prime minister of Canada. He will be sworn into office in the coming ...The Hill - 4d -
Rubio Seeks Cease-Fire in Ukraine After Reaching His Own With Musk
After blowing up at Elon Musk, Secretary of State Marco Rubio aims to bolster his position. He is seeing Saudi and Ukrainian officials in Saudi Arabia and allied diplomats in Canada.The New York Times - 4d -
Canadian reporters grill Rubio over Trump's 51st state talk
Secretary of State Marco Rubio on Friday faced pointed questions from Canadian journalists over the seriousness of President Trump’s calls for Canada to become the 51st state and the trade war with ...The Hill - 15h