Latest in Retaliatory Tariffs Billion
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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 - 5d -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - 5d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 5d -
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 - 5d -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - 5d -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 5d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 5d -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 5d -
Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 5d -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - 4d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 4d -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 4d -
S&P 500 tumbles into ‘correction’ on fresh Trump tariff threats
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefireFinancial Times - 4d -
Irish prime minister says "tariffs are damaging" amid Trump trade standoff
Irish Taoiseach Micheál Martin described the U.S. and Ireland's economic relationship as a "two-way street."CBS News - 4d -
Late Night Takes Shots at Trump’s Liquor Tariff Threat
Jimmy Kimmel pointed to the irony of President Trump “making it very expensive to get drunk. He’s the reason we need to get drunk!”The New York Times - 3d -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - 3d -
Trump tariffs are proving ‘big headache’ for tech giants, says Foxconn
World’s biggest contract electronics manufacturer highlights disruption caused by trade policy to groups including Apple and AmazonFinancial Times - 3d -
Banks are feeling the strain as lower-income consumers struggle with inflation and tariff chaos
Banks are seeing lower credit-card spending, while delinquencies are rising.MarketWatch - 3d -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 3d -
Buying a Car? Trump’s Tariffs Could Make It More Expensive.
New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.The New York Times - 3d -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 3d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart.NBC News - 3d -
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'Maximum pressure': U.S. and Canada's clash over tariffs overshadows G7 meeting
Secretary of State Marco Rubio denied the U.S. was in a trade war Friday as he wrapped up his trip to a meeting of top diplomats from the G7 industrialized democracies.NBC News - 3d -
Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety
The price of gold hit a new milestone as investors sought havens from market turmoil.The New York Times - 3d -
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.The New York Times - 3d -
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.The New York Times - 3d -
Consider these global ETFs as Trump’s tariffs push the world away from the U.S.
Market strategist Keith McCullough: Stock markets in Europe and Asia will be stronger than the U.S.MarketWatch - 2d -
China’s self-driving lidar leader plans tariff-beating overseas factory
Customers urge Hesai to diversify production of key tech for autonomous vehicles to avoid geopolitical tensionsFinancial Times - 1d -
Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...The Guardian - 1d -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 18h -
Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.CNBC - 13h -
Owners and Employees Turn to Social Media for a Crash Course in Tariff Impacts
Two recent posts on the social media platform asking if entrepreneurs and their workers are battling misunderstanding of who pays Trump’s import duties unleash hundreds of frustrated, infuriated ...Inc. - 8h -
UK trade minister seeks to fend off threat of US tariffs
Britain’s digital services tax set to remain point of dispute at Washington meetingFinancial Times - 4h -
Fear of Trump’s Tariffs Ripples Through France’s Champagne Region
Merchants worried that a trade war could wreak financial havoc in a region that has a robust business exporting the world’s finest bubbly to the United States.The New York Times - 2h -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - 2h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - Mar. 7 -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - Mar. 10 -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 5d -
BofA says this tech stock can work even in a recession. We just bought more shares
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.CNBC - 5d
