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Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 19h -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 17h -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - 5d -
EU plan to deport more people will lead to ‘prolonged detention’, say critics
European Commission draft includes orders for people to leave EU entirely and conditions for ‘return hubs’ outside bloc. Europe live – latest updates The European Commission has outlined ...The Guardian - 1d -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 18h -
EU to toughen stance on migrant returns
Brussels seeks to send people to ‘return hubs’ outside the bloc if their home countries do not accept themFinancial Times - 1d -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - 5d -
Drug policy expert on fentanyl crisis and tariffs
Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...CBS News - 2d -
Stock market falls sharply as investors fret Trump policies
Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.CBS News - 2d -
Tories announce policy to deport all foreign nationals with criminal convictions
Policy would apply to those seeking asylum as well as anyone who had been charged with or convicted of immigration offences. All foreign nationals in the UK who receive a criminal conviction would ...The Guardian - 2d -
Southwest Airlines ending free checked bags policy for many passengers
Southwest Airlines is ending its free checked bags policy for many passengers. Some experts think customer loyalty could suffer.CBS News - 1d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 1d -
Nato urges EU and Turkey to deepen ties
Secretary-general Rutte urges European leaders to put aside differences with Ankara to boost security co-operationFinancial Times - 2d -
Who will EU, Canada's retaliatory tariffs impact the most?
President Trump is moving full speed ahead on tariffs. The administration imposed a 25% tariff on Wednesday on all steel and aluminum imports, and the response from America's allies has been swift. ...CBS News - 7h -
Why Southwest Airlines is changing its checked bag policy
Southwest Airlines is changing its "bags fly free" policy in hopes of attracting customers to sign up for the Southwest-branded credit card. CBS News' Janet Shamlian reports.CBS News - 1d -
US relies on rare foreign policy provision to try to deport Mahmoud Khalil
Court document claims ‘potentially serious foreign policy consequences’ amid outcry over Palestinian activist’s arrest. The US government is relying on a rarely used provision of the law to try to ...The Guardian - 11h -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - 5d -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 2d -
Energy Secretary Chris Wright vows to reverse Biden climate policies, says renewables can't replace natural gas
"The Trump administration will end the Biden administration's irrational, quasi-religious policies," Wright said at the CERAWeek by S&P Global energy conference.CNBC - 2d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 13h -
Orbán says Hungary will poll citizens on Ukraine's EU membership
Hungarian Prime Minister Viktor Orbán says Hungary will poll its citizens on Ukraine’s potential future membership in the European UnionABC News - 5d -
Why Brussels’ €150bn defence pot is a test case for the EU’s arms strategy
Also in this newsletter: A dangerous drug addiction, and Russia’s reliance on Chinese carsFinancial Times - 3d -
Big majority of EU countries push for ‘concrete’ defence deal with UK
Also in this newsletter: Greenland votes on its futureFinancial Times - 2d -
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The EU wants to increase deportations and supports 'return hubs' in third countries
The European Union wants to increase deportations and is opening the way for “return hubs” to be set up in third countries for rejected asylum-seekersABC News - 1d -
Why Poland is still pushing for more EU-wide defence funding ideas
Also in this newsletter: A fresh push to charge Europe’s chip industryFinancial Times - 1d -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 19h -
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EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - 14h -
EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 11h -
Trump’s ‘chaotic’ policy approach is creating opportunity for investors
There could be “quite a shift in the world order,” says Mike Cudzil, a portfolio manager at Pimco.MarketWatch - 4d -
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Details on changes to Southwest's checked bags policy
Southwest Airlines is set to begin charging customers for checked bags, the last major airline to tack on baggage fees for most passengers. Hannah Towey, associate editor for Conde Nast Traveler, ...CBS News - 17h -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 1d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 1d -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 16h -
Europe, Canada retaliate as Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 15h -
Starmer says 'all options on table' on US tariffs
Canada and the EU have announced retaliatory tariffs but UK will take a "pragmatic" approach, the prime minister said.BBC News - 11h -
New York support for congestion pricing rises as Trump moves against policy: Poll
Support for New York Gov. Kathy Hochul’s (D) congestion traffic pricing in New York City has ticked up as President Trump moved to revoke the policy, according to a new survey. The Siena College ...The Hill - 2d