Latest in Pharma Tariff Relief
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Communities across the country feel impacts of tariffs
Communities across the country are already feeling the impacts of President Trump's new tariffs. NBC News' local stations and affiliates talk to business owners nationwide about how they are feeling.NBC News - 3d -
7 Americans Weigh In on Trump’s Sweeping Tariffs
Voters were bracing for the effects of President Trump’s recent tariffs in their own lives, but some said they were, for now, waiting and watching to see how all of this plays out.The New York Times - 3d -
Stocks plunge to start week as Trump digs in on tariffs
The stock market kicked off the week with more steep losses after President Trump spent the weekend defending his new tariffs amid growing blowback at home and abroad. The Dow Jones Industrial ...The Hill - 1d -
Trump pushes back on tariff criticism: ‘Don’t be a Panican’
President Trump on Monday pushed back on criticism over his tariffs, calling on Americans to be patient and not be a “panican,” coining a new term. “The United States has a chance to do something ...The Hill - 1d -
Trump threatens additional 50 percent tariff on China
President Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world's two largest economies. Trump's threat is ...The Hill - 1d -
Trump says he’s not looking at a pause on tariffs
President Trump on Monday said he’s not considering a pause on tariffs, following an unconfirmed report earlier in the day that he was considering a 90-day pause, which caused the stock market to ...The Hill - 1d -
Trump shows no signs of backing off tariffs
The White House showed no signs Monday of backing off its implementation of sweeping tariffs on dozens of other nations, even as its approach rattled financial markets and raised the specter of an ...The Hill - 1d -
Americans deeply divided on tariffs, foreign alliances: Poll
Americans are deeply divided along partisan lines about tariffs and the U.S.'s foreign alliances, according to a new poll. In the poll from The Wall Street Journal, 77 percent of Republican voters ...The Hill - 1d -
Trump 'walked into a buzz saw' on tariffs: Toomey
Former Pennsylvania Sen. Pat Toomey (R) said President Trump has “walked into a buzz saw” with sweeping tariffs being rolled out this week, and he contended the new trade policy will lead to U.S. ...The Hill - 11h -
Top Democrat announces measure to curb Trump on tariffs
Sen. Ron Wyden (Ore.), the top Democrat on the Senate Finance Committee, announced Tuesday he’s introducing a resolution to thwart President Trump’s latest tariffs actions. Wyden said during a ...The Hill - 10h -
Warren: 'This is the time to call' Republican lawmakers on tariffs
Sen. Elizabeth Warren (D-Mass.) on Monday urged Americans to call on House and Senate Republican to act against President Trump’s aggressive tariffs. In an appearance on MSNBC’s “Inside with Jen ...The Hill - 10h -
Trump trade representative defends tariffs at Senate hearing
During his opening statement at a Senate Finance Committee hearing, U.S. Trade Representative Jamieson Greer defended the tariffs President Trump has put in place and said that the economic ...NBC News - 11h -
Democrats use DOGE hearing to target Trump tariffs
House Democrats used a DOGE subcommittee hearing to target President Trump on tariffs on Tuesday. “Unfortunately, Republicans in Congress want to debate office space and furniture while the ...The Hill - 8h -
Stocks down amid countdown to new tariffs
President Trump said 70 countries have contacted the White House to negotiate deals to lower or erase U.S. tariffs on their goods. It comes as the Trump administration is set to slap 104 percent ...NBC News - 2h -
Wall Street dives as hopes wane for tariff delays; US says it will implement 104% tariff on China – business live
US stock market closes with stocks down after volatile trading day as investor hopes for concessions and delays on tariffs waxed then waned. How ‘liberation day’ rout compares with other ...The Guardian - 5h -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 4d -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 4d -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 4d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 4d -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 4d -
In Canada’s Auto City, Tariffs Have Already Caused a Shutdown
Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.The New York Times - 3d -
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.Los Angeles Times - 3d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 2d -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 2d -
Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'
Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.CNBC - 1d -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 1d -
Dow Jones ticker: Markets plunge in response to Trump tariffs
Watch a live ticker of the Dow Jones Industrial Average as U.S. stocks plunge in response to President Donald Trump's aggressive global tariffs.NBC News - 1d -
How an errant headline about a tariffs 'pause' briefly sent stocks soaring
An unfounded claim that President Donald Trump was considering pausing the implementation of sizable tariffs briefly sent U.S. stocks skyrocketing on Monday, an indication of just how volatile the ...NBC News - 1d -
China accuses US of unilateralism, protectionism and economic bullying with tariffs
China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete ...ABC News - 1d -
American readers worry tariffs will turn the page on affordable reading
President Donald Trump’s tariffs have some of the internet’s most voracious readers worried: the price of books and access to them could be changed significantly.NBC News - 1d -
What Trump has said about tariffs as stock market reacts
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."CBS News - 1d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 1d -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 1d -
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, defended President Trump’s tariffs, but the Treasury secretary said the U.S. might be ready to negotiate.The New York Times - 1d -
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.The New York Times - 1d -
Markets endure another roller-coaster day with tariffs set to kick in
Global stocks on Tuesday clawed back a fraction of their enormous recent losses, with the turmoil from Trump's global tariffs last week calming in markets.NBC News - 15h -
Kevin O'Leary presses Trump on EU tariff deal: 'Huge opportunity'
“Shark Tank” investor Kevin O’Leary is urging President Trump to agree to a "zero-for-zero" tariff deal proposed by the European Union, billing it as a “huge opportunity” that will lead to a ...The Hill - 12h -
Bessent: Tariff negotiations result of 'massive inflow' of calls, not markets
Treasury Sec. Scott Bessent said on Tuesday that President Trump’s apparent willingness to engage in tariff negotiations is a result of a “massive inflow” of calls from countries, not the downturn ...The Hill - 9h -
Treasury secretary looks to soothe Republican lawmakers on tariff drama
Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to soothe GOP concerns about the sweeping tariffs that President Trump ...The Hill - 8h -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 6h