Latest in He'll Impose Tariffs
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Carmakers win reprieve from Trump's tariffs on Canada and Mexico
Trump says he will exempt cars from the new import taxes, while continuing his criticism of Canada.BBC News - 13h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 10h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 9h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 9h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 8h -
Former GOP lawmaker: 'I can't understand the Canadian tariffs'
Former Congressman Ken Buck expressed his confusion over President Trump's seemingly adversarial attitude towards Canada, and warned that the unintended consequences of his tariffs and surge in ...The Hill - 7h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 6h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 6h -
Trump likely to make more exemptions from Canada, Mexico tariffs: Lutnick
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said ...The Hill - 6h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 4h -
Trump says Mexico will not be required to pay tariffs items in USMCA agreement
President Trump posted on social media that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement until early April.NBC News - 5h -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest data on imports, exports and trade balancesFinancial Times - 5h -
With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier
After President Claudia Sheinbaum of Mexico spoke with President Trump about his 25 percent tariff on exports from her country, he announced he would delay it until April 2.The New York Times - 4h -
Trump announces some Mexico tariffs pause after Sheinbaum conversation
President Trump says he spoke to Mexican President Claudia Sheinbaum and has decided to pause some tariffs until April. CBS News contributor Javier David has more on the tariffs and their effects.CBS News - 3h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.The New York Times - 2h -
President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.CBS News - 36m -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Goods trading under the rules of the North American trade pact, or most products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.The New York Times - 1h -
Trump signs executive orders on tariff exemptions for Canada and Mexico
President Trump signed executive orders for tariff exemptions for Canada and Mexico for any goods that fall under a USMCA agreement until early April.NBC News - 1h -
With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier
After President Claudia Sheinbaum of Mexico spoke with President Trump about his 25 percent tariff on exports from her country, he announced he would delay it until April 2.The New York Times - 1h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.The New York Times - 2h -
US stocks sink on tech sell-off and tariff worries
Wall Street extends slide sparked by fears over economic impact of Donald Trump’s on-off trade warFinancial Times - 51m -
US backtracks on Canada-Mexico tariffs in latest sharp shift on trade
Move expands one-month carve-out for car imports to all USMCA-compliant goods with possibility of longer reprieveFinancial Times - 28m -
President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.CBS News - 36m -
Trump signs tariff exemptions for certain imports from Canada, Mexico
President Trump on Thursday signed off on tariff exemptions for imports from Canada and Mexico that are covered under a 2020 North American trade agreement, marking the latest reversal of duties ...The Hill - 1h -
Trump delays tariffs on many products from Mexico and Canada
US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports. US politics live Donald Trump pulled back from his trade war with ...The Guardian - 2h -
Stocks Tumble as Trump Pauses Mexico and Canada Tariffs Again
The S&P 500 is on course for its worst week since a banking crisis two years ago. The Nasdaq fell into a correction on Thursday.The New York Times - 18m -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Why Walmart’s warning may have more to do with weight-loss drugs than tariffs
Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.MarketWatch - Feb. 21 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - Feb. 24 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - Feb. 24 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Japanese auto sector’s $18bn Mexico bet grows risky under Trump tariff threat
New deals on pause as threatened duties undermine premise for investmentFinancial Times - Feb. 26