Latest in Distract Tariffs
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China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures
U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.CNBC - 1d -
Pharma tariff relief likely short-lived with sector-specific duties on the horizon
Pharmaceutical companies breathed a sigh of relief on Wednesday, but the tariff reprieve could prove fleeting.CNBC - 1d -
Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.The New York Times - 17h -
Ahead of Trump's auto tariffs, are U.S. consumers rushing to buy cars?
Some people in the market for a new vehicle are rushing to claim models on lots, as current inventory is not subject to tariff price hikes.CBS News - 19h -
Ford offers employee pricing to car shoppers as auto tariffs kick in
Ford rolls out employee pricing promotion as new 25% tariffs on U.S. auto imports take effect.CBS News - 19h -
Shares of Wall Street firms rocked by new US tariff regime
Financiers thought Trump would usher in a pro-business era but financial stocks have stumbled as tariff plans became clearFinancial Times - 17h -
Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against ChinaFinancial Times - 19h -
Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 14h -
The biggest winners and losers in Europe as Trump announces sweeping tariffs
Global markets and businesses were thrown into disarray by U.S. President Donald Trump's tariff announcements on Thursday.CNBC - 8h -
Chris Mason: Tariffs are yet another example of colossal, upending change
How could Trump's tariffs impact economic growth? Our political editor, Chris Mason, explains.BBC News - 8h -
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all U.S. imports on Friday, escalating trade tensions between the world’s two biggest economies.NBC News - 3h -
Trump's reciprocal tariffs a 'double-edged sword': Sen. Ron Johnson
Trump promised the tariffs will bring about "the golden age of America," but economists have warned a recession could happen.The Hill - 2h -
Toy prices could jump 50% following Trump's tariffs on China, Vietnam
Toy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam.CNBC - 1h -
See the full list of reciprocal tariffs by country from Trump's chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.CBS News - 6m -
Small businesses brace for impact of new Trump tariffs
President Trump is set to unveil new reciprocal tariffs on April 2nd. But some small business owners are worried about the impact it could have on their bottom line. NBC News' Vaughn Hillyard spoke ...NBC News - 4d -
Senate Democrat warns of ‘catastrophic’ consequences to Trump tariffs
Sen. Ed Markey (D-Mass.) warned Tuesday of “catastrophic” consequences to President Trump’s tariff plans. “To have an all out war with Canada, with every country in the world, who was a major ...The Hill - 2d -
Trump rips Democrat's resolution on Canada tariffs
President Trump on Tuesday bashed Sen. Tim Kaine (D-Va.) over a resolution that would undercut the basis for tariffs on Canada and urged Republicans to vote against it. Kaine has put forward a ...The Hill - 2d -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 2d -
Late Night Is Expecting Tariffs With a Side of Drama
New tariffs will be unveiled at the White House Rose Garden — because “when you elect a reality TV star, you get all your economic policy via rose ceremony,” said Stephen Colbert.The New York Times - 2d -
The Memo: Inside Trump’s big gamble on tariffs
President Trump is set to take the biggest gamble of his second term on Wednesday, when he will announce a fresh round of tariffs. Trump has dubbed Wednesday “Liberation Day,” suggesting that it ...The Hill - 2d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 2d -
GOP braces for potential defeat on Trump tariff bill
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” ...The Hill - 1d -
Trump announces reciprocal tariffs on 'Liberation Day'
President Trump announced reciprocal tariffs on foreign nations, calling it a “Declaration of Economic Independence.” In a speech marking what he dubbed “Liberation Day,” he argued that for ...NBC News - 1d -
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.The New York Times - 1d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 1d -
Trump's tariff bombardment sends global markets reeling
World stock markets and oil prices tumbled and investors dashed to the relative safety of bonds, gold and the yen Thursday, as President Donald Trump’s drastic U.S. trade tariffs stirred widespread ...NBC News - 1d -
Threats, calls for negotiations in wake of Trump tariffs
Countries around globe have responded to President Trump's latest tariffs with either threats of retaliation or calls for negotiation. Trump on Wednesday imposed a 10-percent base tax on all goods ...The Hill - 1d -
Markets plunge in reaction to Trump 'Liberation Day' tariffs
Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy tariffs on nearly every nation exporting products to the United States. The ...The Hill - 1d -
Stellantis idles plants in Mexico and Canada due to tariffs
DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company ...NBC News - 22h -
5 surprises from Trump's sweeping new tariffs
The unveiling of President Trump’s new tariffs included some big surprises as economists and trading partners sifted through which countries were hit the highest rates and who was spared. Questions ...The Hill - 18h -
How the White House calculated reciprocal tariffs
President Trump triumphantly held up a poster board in the Rose Garden on Wednesday showing the reciprocal tariffs he plans to impose on nearly every country in the world. But just how the White ...The Hill - 18h -
Stock market plunges after Trump tariff announcement
The markets closed down around 4% after President Donald Trump’s announcement to slap reciprocal tariffs on global trading partners. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their ...NBC News - 18h -
Trump’s chaos-inducing global tariffs, explained in charts
The US president’s announcement has caused market chaos and threatens a trade war and US recession. Donald Trump ’s announcement of a long slate of new tariffs on the US’s trading partners has ...The Guardian - 18h -
Former Trump economic adviser calls tariffs a ‘sledgehammer’
President Trump’s former economic adviser Stephen Moore likened the administration’s newly announced tariffs to a “sledgehammer.” Moore joined CNN on Thursday, just a day after Trump announced a 10 ...The Hill - 16h -
Impact of tariffs on prices of imports from top brands
President Trump said that his sweeping tariffs on imports are designed to boost American companies that make products in the U.S. But for many popular brands that import their products from ...NBC News - 15h -
American businesses share differing perspectives of Trump's tariffs
The Southern Shrimp Alliance, which represents the U.S. shrimp industry is praising the Trump administration's tariffs on nearly all foreign imports. American business owners who import products, ...CBS News - 14h -
Chinese manufacturers warn of price hikes after tariffs
A manufacturer in China that makes apparel for the American market is warning of a price increase after President Trump’s announcement on tariffs. NBC News' Janis Mackey Frayer visits one of the ...NBC News - 13h -
‘There are no winners’: global companies respond to Trump tariffs
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measures. Donald Trump’s sweeping tariffs will upend global trade, adding costs and delays to ...The Guardian - 10h -
Why Trump's tariffs are so bad for Big Tech
President Trump’s sweeping new slate of tariffs is poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows that are central to tech firms’ ...The Hill - 4h -
What's the goal of tariffs if it means higher prices in the US?
President Donald Trump says his goal for sweeping reciprocal tariffs is to realign the economy by bringing jobs back to the United States. To do that, he’s making products made overseas more ...NBC News - 2h