Latest in Federal Cutbacks Tariffs
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China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - 2d -
China’s Tariffs on U.S. Agricultural Products Take Effect
The action came in response to the higher levies on Chinese imports that President Trump announced last week.The New York Times - 3h -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - 4h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 2d -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - 2d -
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.The New York Times - 2d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 2d -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - 22h -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 19h -
China hits US farm goods with tariffs as trade war escalates
Beijing’s latest measures target $22bn of American agriculture products as well as timberFinancial Times - 16m -
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 - 2d -
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 - 16h -
Firing the Watchdogs | Sunday on 60 Minutes
Hampton Dellinger, former head of a federal watchdog agency, was among the first to be fired by President Trump. So were 18 inspectors general and the chief of the board that protects federal ...CBS News - 1d -
Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - 1d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 22h -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 20h -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 16h -
FirstFT: Japan trade minister will try to win exclusions from US tariffs this week
Also in today’s newsletter, Chinese investors are funnelling millions into Elon Musk’s companies and hundreds are killed in SyriaFinancial Times - 11h -
Trump 2nd term live updates: Trump defends tariffs, declines comment on Ukraine aid
President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program.ABC News - 7h -
China’s retaliatory tariffs on US farm goods kick in, as trade war escalates – business live
Rolling coverage of the latest economic and financial news. German exports have tumbled, a sign of the troubles gripping Europe’s largest economy. . Exports from Germany fell by 2.5% in January, ...The Guardian - 17m -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - 2d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 2d -
Starting the day with a healthy breakfast is becoming a pricey luxury
The rise in costs comes as consumers signal that they are increasingly tapped out and worried about the impact of potential tariffs on the economy.CNBC - 1d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 14h -
Trump says US economy in 'transition' as trade war escalates
New retaliatory tariffs from China targeting some US farm products came into effect on Monday.BBC News - 1h -
Clearing the Way for Bicyclists, for a Healthier Planet
Jill Warren heads the European Cyclists’ Federation, a Brussels-based nongovernmental organization that advocates cycling to help lower carbon emissions.The New York Times - 3d -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - 3d -
‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’
The architects of projects like Próspera are drafting legislation to create US cities that would be free from federal regulations.Wired - 2d -
Columbia University loses $400mn in US government grants
Federal agencies say the ivy league institution failed to protect Jewish students from harassmentFinancial Times - 2d -
Judges and world leaders defy Trump as Congress sits on sidelines
Federal judges and foreign leaders are acting as the emergency brakes to Trump as he pushes to remake the world.NBC News - 1d -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - 15h -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - 11h -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 1h -
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'
Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.NBC News - 17h -
Court recommends charges against NYC Mayor Adams dropped
A court-appointed lawyer has advised a federal judge that corruption charges against New York City Mayor Eric Adams should be dropped. Meantime, sources tell NBC News two federal prosecutors in ...NBC News - 1d -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - 3d -
DOGE's secrecy to be tested in court with sworn testimony, depositions
Over the next week, several judges have ordered top Trump administration officials to testify about efforts to reduce the size of the federal government.ABC News - 2d -
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans
A group of labor unions asked a federal court for an emergency order to stop DOGE from accessing sensitive Social Security data.NBC News - 1d -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - 1d -
Watchdogs fired by Trump raise alarms over future of independent oversight
President Trump has fired several independent government watchdogs. They're now sharing warnings about what it could mean for federal oversight.CBS News - 10h