Latest in Reels Threat Tariffs
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Carmakers win reprieve from Trump's tariffs on Canada and Mexico
Trump says he will exempt cars from the new import taxes, while continuing his criticism of Canada.BBC News - 10h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 7h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 6h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 6h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 5h -
Former GOP lawmaker: 'I can't understand the Canadian tariffs'
Former Congressman Ken Buck expressed his confusion over President Trump's seemingly adversarial attitude towards Canada, and warned that the unintended consequences of his tariffs and surge in ...The Hill - 4h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 3h -
Trump likely to make more exemptions from Canada, Mexico tariffs: Lutnick
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said ...The Hill - 3h -
Trump says Mexico will not be required to pay tariffs items in USMCA agreement
President Trump posted on social media that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement until early April.NBC News - 2h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.The New York Times - 3h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 1h -
US backtracks on Canada-Mexico tariffs in latest sharp shift on trade
Move would expand one-month carve-out for car imports to include all USMCA-compliant goodsFinancial Times - 1h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 3h -
With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier
After President Claudia Sheinbaum of Mexico spoke with President Trump about his 25 percent tariff on exports from her country, he announced he would delay it until April 2.The New York Times - 1h -
Trump announces some Mexico tariffs pause after Sheinbaum conversation
President Trump says he spoke to Mexican President Claudia Sheinbaum and has decided to pause some tariffs until April. CBS News contributor Javier David has more on the tariffs and their effects.CBS News - 1h -
President Trump pauses Mexico tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico.CBS News - 1h -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Why Walmart’s warning may have more to do with weight-loss drugs than tariffs
Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.MarketWatch - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies. Donald Trump has threatened to slap 25% tariffs on the European ...The Guardian - Feb. 26 -
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine
Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...MarketWatch - Feb. 26 -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - Feb. 26 -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - Feb. 27 -
Beacon Roofing sees ‘headwinds’ from tariffs and labor jitters from building contactors
“We held our guidance all year — not many industrial distribution companies did that,” CEO Julian Francis tells MarketWatch.MarketWatch - Feb. 27 -
Manufacturers boost durable-goods orders ahead of tariffs, but industry slump hasn’t ended
A key measure of business orders rose in January for the third month in a row, but it’s likely the sudden improvement reflects businesses rushing to buy parts and supplies ahead of potential U.S. ...MarketWatch - Feb. 27 -
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.
The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...MarketWatch - Feb. 27 -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - Feb. 27 -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - Feb. 27 -
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.
Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.MarketWatch - 6d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 6d -
Trump praises Starmer’s ‘hard’ lobbying as he again suggests UK will be exempt from US tariffs – live
Trump calls Starmer meeting ‘tremendously productive’ and says ‘we have a very good chance at arriving at a very good deal’. Trump-Starmer visit: the key takeaways European Commission ...The Guardian - 6d -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 6d -
‘I decided I was done’: Canada pizzeria boycotts US ingredients in tariff dispute
Gram’s Pizza owner and chef is boycotting US products after Trump threatened to add 25% tariff on Canadian goods. Tucked away in a former garage space in Toronto’s west end, Gram’s Pizza is usually ...The Guardian - 6d -
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 - 6d -
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.MarketWatch - 6d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 6d -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 6d