Latest in Lows Trump Tariffs
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China announces their own retaliatory tariffs after Trump increases levies against Beijing
China has announced retaliatory tariffs against U.S. food imports in response to President Trump's increased levies on Chinese goods. CBS News foreign correspondent Anna Coren has more.CBS News - 2d -
Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 2d -
Trump tariffs will have ‘winners and losers all across the board’: House Ways & Means Cmte. chair
Chairman of the House Ways and Means Committee, Rep. Jason Smith (R-Mo.) discusses the impact of President Trump’s sweeping tariffs on Canada, China and Mexico ahead of the president's address to a ...NBC News - 1d -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 1d -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 1d -
Trump Still Considering Tariffs on Taiwanese Chips, Despite $100 Billion TSMC Deal
Enforcing the tariffs on Taiwan would be difficult, and they wouldn’t necessarily be enough to meaningfully increase semiconductor manufacturing in the United States, experts told WIRED.Wired - 1d -
Trudeau hits out at 'dumb' tariffs as Trump warns of further hikes against Canada
Canada has imposed its own retaliatory tariffs, which will remain in place until the US reverses course.BBC News - 1d -
Watch live: Trump addresses joint session of Congress as tariffs, DOGE and Ukraine fuel uncertainty
Democrats have invited as guests people who lost their federal government jobs in an effort overseen by Elon Musk and his DOGE team.CNBC - 1d -
Trump tells Congress tariffs will be ‘a little disturbance.’ Why it’s more than that, according to economists.
President Donald Trump on Tuesday delivered a State-of-the-Union-style address to Congress, with his remarks coming as the U.S. stock market has dropped on his moves with tariffs.MarketWatch - 1d -
K-pop stocks defy South Korea's political and economic woes — as well as Trump tariff threats
There is one sector that has offered hope to investors this year. One of South Korea's largest cultural exports: K-pop.CNBC - 1d -
Trump says a 'little disturbance' from tariffs is OK, as markets reel from trade war fears
President Donald Trump conceded before a joint session of Congress that his steep new tariffs will cause "a little disturbance."CNBC - 1d -
President Trump touts tariffs, foreign policy as some Democrats walk out of speech to Congress
President Trump recapped actions taken in his first six weeks in office in an address to a joint session of Congress Tuesday. Some Democrats walked out of the president's speech. CBS News' Nancy ...CBS News - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Trump doubles down on tariffs in address to Congress; Administration may change GDP calculation
President Trump reinforced his decision to impose tariffs against Mexico, Canada and China during his address to Congress Tuesday night. CBS News business analyst Jill Schlesinger has more on that ...CBS News - 1d -
TJX could steal share from rivals as Trump tariffs kick in, says UBS — here's why
TJX is a high-quality defensive stock that's ideal to own in any economy, but particularly in this uncertain environment, Jim Cramer said.CNBC - 21h -
Ten things you should know about Trump’s tariffs but were afraid to ask
No, Mr President, they are not going to make America rich, great or popularFinancial Times - 23h -
Here's what Trump's tariff barrage could mean for your 401(k) plan
The stock market has swung wildly since President Trump placed 25% tariffs on Canada and Mexico. Here's what to know about your 401(k).CBS News - 19h -
Canadian leader threatens to cut off energy to some U.S. states over Trump's tariffs
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.CBS News - 17h -
Canadian stores pull U.S. liquor from shelves as Trump's tariffs take effect
As tariffs set by the Trump administration on Canada and Mexico came into effect on Tuesday, Canadians discovered empty shelves where American liquor products were once stocked.NBC News - 15h -
Global bonds sell off as investors react to Trump's tariffs and a German 'paradigm shift'
Government bonds were selling off all over the world on Thursday, with German borrowing costs hovering at multi-decade highs.CNBC - 1h -
Commercial lawsuits launched in England’s High Court reach 6-year low
Lawyers say London remains global centre for dispute resolution but litigation funders are being more selectiveFinancial Times - Feb. 24 -
The Baldwins review – Alec’s dreadful reality show is a new low for TV
This fly-on-the-wall series about the actor’s family in the lead up to the Rust trial feels in extremely poor taste. It’s entirely unnecessary television that makes the actor and his wife look ...The Guardian - Feb. 24 -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - Feb. 24 -
Fired Workers Reject ‘Low Performance’ Judgments as They Take to Social Media
Meta’s recent cull of workers supposedly targeted weaker performers. But they and federal workers hit by DOGE-driven federal workforce cuts are fighting against that label, fearing it will affect ...Inc. - Feb. 24 -
Krispy Kreme’s stock heads for a new low as company warns of weaker revenue
Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.MarketWatch - Feb. 25 -
Bitcoin drops to a 3-month low below $90,000 in risk-off move
Bitcoin fell through the $90,000 level overnight, weakened by sell pressure in equities as the crypto market awaits its next market catalyst.CNBC - Feb. 25 -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - Feb. 26 -
High housing costs and low home supply are stifling American mobility
American opportunity has been synonymous with people on the move, but high housing costs and low home supply has stifled American mobility. Yoni Appelbaum joins to discuss.CBS News - Feb. 26 -
Will Men Wear Really, Really, Ridiculously Low-Rise Jeans?
Rear-end revealing denim at Diesel proves there are still some taboos.The New York Times - 6d -
AI Could Help Address the Accountant Shortage—but Adoption Rates Remain Low
A new report from Wolters Kluwer suggests that the tax industry still has a ways to go around automation.Inc. - 5d -
Low-key Oscars season hits small business in ‘traumatised’ LA
From make-up artists to DJs, Hollywood’s glitz industry feels the pinch in the wake of the catastrophic firesFinancial Times - 5d -
Low-paid workers to get right to 80% of salary in sick pay
Those currently earning less than £123 a week are currently not eligible for sick pay.BBC News - 3d -
Low energy prices sting Aramco profits and squeeze Saudi development plans
Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on lower energy pricesABC News - 2d -
Private Payroll Growth Slides to Seven-Month Low in February
Wage gains at private companies grew at the slowest rate since summer of 2024, and optimism about the job markets continues to dim.Inc. - 21h -
Global sea ice hit record low in February, scientists say
Scientists called the news ‘particularly worrying’ because ice reflects sunlight and cools the planet. Global sea ice fell to a record low in February, scientists have said, a symptom of an ...The Guardian - 13h -
Missing the cold, the Dutch relive highs and lows of famed skating race 40 years on
Climate change has put the prospect of an actual new edition of the Netherlands' iconic Elfstedentocht skating race over frozen canals and lakes on thin ice but it is relishing the drama of a ...ABC News - Feb. 21 -
Vita Coco Claps Back at Poppi’s Super Bowl Vending Machine Stunt With a Low-Rent Pop-Up Event
The beverage brand feud continues.Inc. - Feb. 22 -
How a low-profile federal board could host appeals for thousands of fired government workers
Thousands of federal workers fired in recent days by the Trump administration may be able to use an appeals process to get reinstated in their jobs — and potentially receive back pay.NBC News - Feb. 24 -
2-, 10-year yields end at 2025 lows as investors navigate fears about growth
U.S. government debt rallied on Monday, pushing 2- and 10-year yields to lows for the year, amid worries about the outlook for economic growth against a backdrop of sticky inflation.MarketWatch - Feb. 24 -
10-year Treasury yield ends at nearly 11-week low as economic concerns build
Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.MarketWatch - Feb. 25