Latest in New Tariffs Hike
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Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 12h -
Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs
Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...MarketWatch - 14h -
10 reasons to visit Spain in 2025: new holidays, hikes and cultural highlights
From villas in Galicia and walks in La Gomera, to a new parador near Madrid and a horse fair in Jerez . It is easy to avoid big resorts in the Canaries – the smaller islands have a handful of ...The Guardian - 2d -
China vows to retaliate as necessary after Trump threatens another 10% tariff hike
China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.CNBC - 3d -
Tell ‘price walkers’ to take a hike
We know how this works: you sign up for a deal at a low teaser rate — when it’s time to renew, you’re on a contract with a much higher priceFinancial Times - 6d -
What else can Canada and Mexico do to avoid Trump’s tariffs? America’s neighbors may slap new tariffs on China.
As traders worldwide wait to see if U.S. President Donald Trump once again holds off on putting new tariffs on Canada and Mexico, the head of the U.S. Treasury Department has highlighted one ...MarketWatch - 3d -
US orders probe into copper dumping, opening door to new tariffs
White House signals it will expedite measures despite investor concerns over how threats of levies will affect the economyFinancial Times - 6d -
Arrival of US tariffs set to embolden Canada’s new leader
Plus, ex-Barclay boss Staley seeks redress in London courts and markets await expected ECB rate cutFinancial Times - 1d -
As New Tariffs Roll Out—or Don’t—Small Businesses Report Confusion and Concern
President Trump’s proposed tariffs on Canada and Mexico, and additional tariffs on China, take effect Tuesday. Other taxes could follow.Inc. - 1d -
Farms and Bakeries Hit by Egg Shortages and Price Hikes
Bare shelves in supermarkets and wholesalers, combined with double-digit price jumps, are pushing many food businesses to raise prices or change recipes.Inc. - Feb. 19 -
OPEC+ will start long-delayed oil production hike
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...The Hill - 12h -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 5d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 19h -
James Landale: Will Starmer's defence hike win over Trump?
The prime minister has set out plans to increase defence spending to 2.5% of national income by 2027.BBC News - 6d -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Trump Said Tariffs Are Coming
Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.The New York Times - 12h -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - Feb. 21 -
Tariffs are not going to solve America’s ills
Punitive import duties will neither reduce the US trade deficit nor boost employment in manufacturingFinancial Times - 6h -
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs
This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.Inc. - Feb. 22 -
Australian treasurer seeking tariff exemption in talks with Bessent
Australia’s treasurer, Jim Chalmers, will continue to push for steel and aluminum tariff exemptions in his discussions with Treasury Secretary Scott Bessent this week. Chalmers traveled to ...The Hill - Feb. 24 -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - Feb. 24 -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - Feb. 24 -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - 6d -
Trump directs investigation preceding potential copper tariffs
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...The Hill - 6d -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - 6d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 6d -
Trump threatens to impose 25% tariffs on EU goods
US president warns levies will target auto sector and be applied ‘generally’Financial Times - 5d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 5d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 4d -
China tariffs set to take effect in March
Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 4d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 4d -
When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.The New York Times - 3d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 3d -
Currency investors grow wary of bets on Trump tariffs
FX volatility expectations fall after traders ‘burned’ trying to react to US president’s trade threatsFinancial Times - 2d -
How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.The New York Times - 1d -
White House set to impose tariffs this week
The White House is expected to impose tariffs on Mexico, Canada and China this week, which some economists say could raise prices for Americans and slow economic growth. Canada and Mexico both said ...CBS News - 1d -
Mexico’s Response to Trump’s Tariffs: Troops, Cartels and China
Aiming to appease President Trump, Mexico is hitting China with tariffs, handing cartel leaders over to the United States and using C.I.A. intelligence to hunt down others.The New York Times - 1d -
Deadline looms for Trump’s Canada, Mexico tariffs
Plus: RFK Jr. touts measles vaccine amid outbreak {beacon} 12:30 REPORT It’s Monday. This is a big week in Washington with President Trump’s Tuesday evening joint address to Congress. Reminder: ...The Hill - 17h