Latest in Recession Full Tariffs
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Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.The New York Times - 2d -
Canada Drops the Gloves in Tariff Spat, Makes Its Case on U.S. Billboards
The tariffs-are-a-tax messages are targeting residents in places like Pittsburgh that count on Canadian trade.The New York Times - 1d -
Trump tells Americans to "hang tough" as 10% universal tariffs take effect
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.CBS News - 1d -
Trump Says Tariffs Will Stay Until Trade Deficit Disappears
The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.The New York Times - 1d -
The Papers: Petrol car ban eased and US to 'press on' with tariffs
Sir Keir Starmer's bid to shelter the car industry from US tariffs is among stories leading the papers.BBC News - 1d -
Beijing's strong counter tariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.CNBC - 23h -
Jamie Dimon, Wall Street figures warn about Trump's tariffs
JPMorgan CEO Jamie Dimon and noted Wall Street investor Bill Ackman are speaking out about President Trump's tariffs.CBS News - 15h -
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.CBS News - 12h -
Can Musk Pull Trump Back From the Tariff Ledge?
Elon Musk has been criticizing Trump’s tariff policy — and publicly. Could there be a strategy?The New York Times - 9h -
Trump's game of chicken over tariffs leaves world guessing
The US president is pressing ahead with his global tariffs, as even some allies wonder if he is going too far.BBC News - 7h -
China Accuses U.S. of Blackmail After Trump Threatens More Tariffs
The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”The New York Times - 4h -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 3d -
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 - 2d -
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 - 18h -
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 - 17h -
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 - 16h -
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 - 11h -
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 - 11h -
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 - 7h -
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 - 3d -
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 - 3d -
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. - 3d -
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 - 3d -
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 - 3d -
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 - 2d -
'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 - 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 - 1d -
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 - 20h -
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 - 18h -
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 - 18h -
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 - 14h -
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 - 16h -
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 - 14h -
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 - 12h -
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 - 9h -
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 - 9h -
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 - 8h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 1d -
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live
US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’. Trump threatens additional 50% tariffs on China over retaliatory levies Volatility grips ...The Guardian - 11h