Latest in Consumers Trump's Tariffs
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Here's why Trump thinks tariffs are good for the U.S.
President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.Top stories - CBS News - 3 days ago -
Trump's tariff plan has some businesses scrambling
President-elect Trump's plan to raise tariffs by 25 percent on goods from Mexico and Canada and 10 percent on Chinese goods has the auto, agriculture and other industries bracing for the potential ...Top stories - NBC News - 3 days ago -
Mexico floats retaliatory tariffs in response to Trump threat
President-elect Donald Trump says he will take executive action on day one to impose major tariffs on Canada, Mexico and China. So how will that impact costs for consumers? Mario Parker, Bloomberg ...Top stories - CBS News - 3 days ago -
Trump tariffs could hurt small business owners
President-elect Donald Trump has announced plans to place additional tariffs on goods imported from China, Mexico and Canada, the United States' three biggest trading partners. Some small business ...Top stories - CBS News - 3 days ago -
'It's going to be hard': US firms race to get ahead of Trump tariffs
The US president-elect's import taxes may be just talk until he takes office - but they are having an impact anyway.Top stories - BBC News - 2 days ago -
Trump tariffs could make these items more expensive
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.Top stories - CBS News - 2 days ago -
Chuck Todd: Trump tariffs are a 'guacamole tax'
NBC News’s Chuck Todd warned Wednesday that President-elect Trump’s plans for tariffs will likely increase the cost of avocados, calling it a "guacamole tax." “If this slaps on, it’s a guacamole ...Politics - The Hill - 2 days ago -
The potential impact of Trump's tariff plan on the steel industry
President-elect Donald Trump plans to put tariffs on Canada, the largest foreign steel supplier to the U.S. Catherine Cobden, president and CEO of the Canadian Steel Producers Association, joins ...Top stories - CBS News - 2 days ago -
5 takeaways from Trump's new tariff threat
President-elect Trump has put the country’s top three trading partners on notice less than two months before he takes office. The former president threatened Monday to impose steep 25 percent ...Politics - The Hill - Yesterday -
Canada to strengthen border after Trump tariff threat
Trudeau government races to head off US president’s concernsBusiness - Financial Times - Yesterday -
Iconic Mexican Products May Be in Jeopardy With Trump Tariffs
Avocados could be at stake if Trump enacts 25 percent tariffs on Mexico.Business - Inc. - Yesterday -
The Big Question: who will be hurt the most by Trump’s tariffs?
Will importers or foreign producers take the hit — or will it be US consumers who suffer, as many economists suggest?World - Financial Times - 22 hours ago -
The Memo: Trump tariff threat muddies economic picture
President-elect Trump’s emphatic promise of new tariffs is sharpening the debate over how he will handle the economy. It’s likely the single most important domestic issue of his second term. Trump ...Politics - The Hill - 16 hours ago -
How the car industry is exposed to Trump’s tariffs
US president-elect’s pledge to impose tariffs on Mexico and Canada would disrupt sector’s complex supply chainWorld - Financial Times - 14 hours ago -
How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor
Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.Business - MarketWatch - November 8 -
Biden criticizes Trump's proposed tariffs as Trump speaks with Mexican president
President Biden on Thursday warned against President-elect Donald Trump's proposed tariffs against Mexico and Canada, saying, "I hope he re-thinks it, I think it's a counterproductive thing to do," ...Top stories - CBS News - 13 hours ago -
Canada is already examining tariffs on certain US items following Trump's tariff threat
A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to ...World - ABC News - 2 days ago -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.Business - The New York Times - November 4 -
Asia braces for steep China tariffs in second Trump term
Former president has outlined plans to revive trade war with Beijing and questioned backing for TaiwanWorld - Financial Times - November 6 -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Markets look past Trump tariffs, but they could be ‘life or death’ for some companies
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.Business - MarketWatch - November 6 -
Trump win and threat of more tariffs raises expectations for more China stimulus
Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.Business - CNBC - November 7 -
US trade partners brace for tougher tariffs in Trump’s second term
Steps taken in the Republican’s first few weeks in office are expected to be ‘lasting ones’World - Financial Times - November 7 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - November 8 -
Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - November 8 -
With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.Business - The New York Times - November 8 -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - November 8