Latest in Freeland U.s Tariffs
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How the EU could respond to Trump's steel and aluminum tariffs
President Trump on Monday imposed 25% tariffs on all steel and aluminum imports into the U.S. to the dismay of allies overseas. In a statement released Sunday, the European Commission said it would ...CBS News - Feb. 10 -
Trump Imposes 25% Tariffs on Steel and Aluminum From Foreign Countries
The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.The New York Times - Feb. 11 -
Taiwan and TSMC rush to head off Trump’s tariff threat
US president’s complaints threaten top chipmaker’s business model and east Asian country’s securityFinancial Times - Feb. 11 -
Michelin looks at accelerating US investments to counter tariff threat
French tyremaker says Trump’s policies could make it ‘change its priorities’ to bolster capacity in American factoriesFinancial Times - Feb. 11 -
Why US tariffs only compound the EU steel industry’s existential woes
Also in this newsletter: Poland’s very own deregulation supremoFinancial Times - Feb. 11 -
Why is Trump imposing tariffs and which countries will be hit hardest? - in charts
These graphics explain how the US trade deficit has changed, why Trump may be targeting certain countries with tariffs – and what the impact could be. The US president, Donald Trump, has put global ...The Guardian - Feb. 11 -
EU vows US tariffs 'will not go unanswered' and will trigger tough countermeasures
European Union chief Ursula von der Leyen vowed that U.S. tariffs on steel and aluminum “will not go unanswered” and will trigger tough countermeasures from the 27-nation blocABC News - Feb. 11 -
Trump signs tariffs on steel and aluminum amid new legal hurdles
With the stroke of his pen, President Donald Trump raises tariffs on U.S. allies and adversaries alike, imposing new duties on steel and aluminum imports. The move would benefit American producers, ...NBC News - Feb. 11 -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - Feb. 11 -
Trump widens his attack on global trade with steel and aluminium tariffs
Also in today’s newsletter, ‘If there’s no immigrant labour, there’s no milk, no cheese, no butter, no ice cream’Financial Times - Feb. 11 -
How tariffs on steel and aluminum imports could impact Americans
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down the potential impact of the 25% tariffs on steel and aluminum imports imposed by President Trump.CBS News - Feb. 11 -
Why Trump’s aluminum tariffs won’t ‘radically change’ Coke’s packaging plans
Coca-Cola stock surges after a big revenue beat, and as aluminum tariffs aren’t seen as a having a major impact on packaging costs.MarketWatch - Feb. 11 -
UK diverges from EU on US tariffs and artificial intelligence safety
Decision not to impose immediate reprisals comes as London follows Washington in refusing to sign global AI accordFinancial Times - Feb. 11 -
Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.NBC News - Feb. 11 -
Could soda, beer prices rise amid aluminum tariffs?
One major company has already warned higher prices could be required in the face of the new tariffs.The Hill - Feb. 11 -
Oil is up for a third straight session as traders weigh impact of tariffs and sanctions
Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of President Donald’s Trump’s tariff strategy and sanctions on Iran and Russia.MarketWatch - Feb. 11 -
Democrats call on Trump to retract tariffs on Canada, Mexico before they are implemented
A group of Democrats have called on President Trump to retract tariffs on Canada and Mexico before they are implemented. “As Members of the House Ways and Means Committee, we urge you to retract ...The Hill - Feb. 11 -
Trudeau calls out 'unjustified' Trump tariffs on steel, aluminum
Canadian Prime Minister Justin Trudeau called President Trump’s tariffs on steel and aluminum imports “entirely unjustified” and said the country would respond “if it comes to that.” “Tariffs on ...The Hill - Feb. 11 -
Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details
European leaders said they would respond firmly to higher levies on steel and aluminum, but they had yet to say what that retaliation would look like.The New York Times - Feb. 11 -
Modi heads to US in mission to dodge a tit-for-tat tariff battle
Prime minister hoping to revive ‘bromance’ of Trump’s first term despite US president calling India ‘a very big abuser’. The Indian prime minister, Narendra Modi, is heading to Washington for ...The Guardian - 6d -
‘Cost and chaos’: Trump’s metal tariffs sweep across corporate America
Executives grapple with uncertainty and price volatility even before levies come into effectFinancial Times - 6d -
Three American goods that could rise in price due to metal tariffs
Donald Trump's plans for tariffs risk raising prices for items from cars to canned food.BBC News - 6d -
This is why Trump’s tariff plan has upended the car industry, and it’s not over yet
“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.MarketWatch - 6d -
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned
Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners. Pressing ahead with steep tariffs on Canada and Mexico ...The Guardian - 6d -
Inflation increased in January, posing obstacle for Trump tariff plans
Consumer prices rose 3% in January compared to a year ago, data showed.ABC News - 6d -
Tariffs would be 'catastrophic' for sales of tequila and mezcal, industry group says
The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as revenues slid, according to new data released Tuesday.NBC News - 6d -
Trump reciprocal tariffs could come by Thursday, White House says
President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said.CNBC - 6d -
Trump Tariffs Rattle Small Business Owners Already Dealing With Tight Margins
The new tariffs on steel and aluminum are upending plans and projections by construction firms and other companies.Inc. - 6d -
McConnell warns of 'big, lingering concerns' with Trump tariff plan
Former Senate Republican Leader Mitch McConnell (Ky.) on Wednesday warned of “big, lingering concerns" with President Trump’s tariff plan. "In recent weeks, the president sought to impose sweeping ...The Hill - 5d -
When the pain hits home, Republicans balk at Trump's spending cuts and tariffs
From reducing NIH funding to slashing USAID to new tariffs, Republican lawmakers are beginning to speak out — carefully — against some of Trump's actions.NBC News - 6d -
Why Mexico’s industrial heartland is not afraid of Trump’s tariff threats
Business leaders believe US president needs Mexican manufacturers to win battle with ChinaFinancial Times - 5d -
Trump hosting India prime minister with tariffs and trade on the docket
President Trump is hosting Indian Prime Minister Narendra Modi at the White House Thursday with trade and tariffs expected to be high on the agenda. CBS News chief White House correspondent Nancy ...CBS News - 5d -
Trump signs executive order to impose reciprocal tariffs – US politics live
US president says ‘whatever countries charge the United States of America, we will charge them’ in long-trailed announcement. Donald Trump said he plans to unveil reciprocal tariffs on Thursday ...The Guardian - 5d -
New details on Trump's new tariffs memo as he meets with India's Modi
President Trump is meeting with India's Narendra Modi at the White House as a new memo emerges on his new tariff intentions. CBS News' Weijia Jiang reports.CBS News - 5d -
Trump threatens reciprocal tariffs in bid to "ensure fairness" on trade
America's trading partners keep their markets to closed to U.S. exports, White House says in ordering up plan to impose global tariffs.CBS News - 5d -
Texas and California are the biggest state losers from Trump's escalating tariffs
Trump's tariffs on products from the EU and TK add to a big trade bill that will hit U.S. states, with Texas and California economies the most impacted.CNBC - 5d -
Trump signs memo to determine reciprocal tariffs on US trading partners
Trump signed a memo calling on his administration to determine "the equivalent of a reciprocal tariff with respect to each foreign trading partner."ABC News - 5d -
Trump signs sweeping reciprocal tariff plan, says more coming
Trump's all-caps post on Truth Social announcing the presser offered no details about the plan for new tariffs.CNBC - 5d -
Details on Trump's reciprocal tariffs plan, Ukraine peace talks and more
A new Trump executive order has the commerce secretary going country by country to determine the need for "fair and reciprocal" trade tariffs, the Senate confirmed RFK Jr. as health secretary and ...CBS News - 5d -
Trump unveils plan for reciprocal tariffs. Investors are relieved they’re not immediate.
President Donald Trump unveiled a plan Thursday that could lead to new reciprocal tariffs on U.S. trading partners.MarketWatch - 5d