Latest in Says Tariffs Detrimental
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Steel company president calls tariffs 'step in the right direction'
President Trump's new tariffs on imports will ultimately benefit American steel manufacturers and workers, increasing demand and wages at mills and steel fabricators, one company owner says.The Hill - 1d -
Vance: I thought market reaction to Trump tariffs 'could be worse'
Vice President Vance said he thought the market reaction to President Trump’s tariff plan would have been worse, saying that the White House team is feeling good about the rollout. “We’re feeling ...The Hill - 1d -
World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live
Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likely. Wall Street shrinks in response ...The Guardian - 5d -
Trump baffles economists with tariff formula
Calculation deeply flawed economically and will fail in stated aim of ‘driving bilateral trade deficits to zero’, say analystsFinancial Times - 3d -
Steve Rattner on Just How Bad Things Will Get Under Trump’s Tariffs
And what business executives are saying behind closed doors.The New York Times - 2d -
Markets tumble as China announces 34% retaliatory tariffs on US imports
Trump says Beijing ‘panicked’ and vows not to back downFinancial Times - 1d -
Trump Unveils a 10 Percent Blanket Tariff and a 34 Percent Reciprocal Tariff for China
The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.Inc. - 3d -
White House considering roughly 20% tariff on most imports, report says
The Washington Post report comes a day before April 2, when President Donald Trump is set to announce his larger plans for global tradeCNBC - 4d -
EU ready to retaliate against Trump’s tariffs, says von der Leyen
Commission president warns global economy will ‘massively suffer’ from US trade barrageFinancial Times - 3d -
South Africa minister says US trade deal ‘nullified’ by Trump tariffs
Parks Tau backs pivot to China in face of high levies from Donald Trump administrationFinancial Times - 1d -
Cruz says Republicans face midterms ‘bloodbath’ if tariffs trigger recession
Warning from Texas senator comes as president’s trade war sends US markets into a tailspinFinancial Times - 1d -
Tariff deals with foreign governments not a priority for Trump, say US officials
After markets tumble, president reiterates that his policies ‘will never change’ in social media postFinancial Times - 22h -
Musk Says He Hopes Europe and U.S. Move to a ‘Zero-Tariff Situation’
The billionaire adviser to the Trump administration appeared to part ways with the president in a videoconference appearance with Italy’s far-right League party.The New York Times - 1h -
Ex-British ambassador to US who criticized Trump urges Starmer not to concede on retaliatory tariffs
Former United Kingdom Ambassador to the United States Kim Darroch urged British Prime Minister Keir Starmer to take a robust stance against President Trump’s threats of retaliatory tariffs, saying ...The Hill - 6d -
Will Trump’s ‘liberation day’ tariffs drag US into recession?
President’s move to rip up global trade rule book will hit an economy already losing momentum, say economistsFinancial Times - 3d -
Russia excluded from Trump's sweeping tariffs list
US media quotes the White House press secretary as saying this is because of sanctions on Moscow.BBC News - 2d -
Russia’s Escape From Trump’s Tariffs Raises Questions
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.The New York Times - 2d -
'Liberation day' may lead to a recession, experts say. Here's why.
Trump is set to unveil tariffs on April 2, which he has dubbed "liberation day."ABC News - 5d -
Trump says it could take 2 years for manufacturing to return to US
President Trump said it could be years before manufacturing returns to the U.S. as a result of his tariff policy.ABC News - 1d -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 1d -
Trump considering announcing "External Revenue Service," sources say
President Trump has previously described the "External Revenue Service" as an arm of government "to collect tariffs, duties, and all revenue that come from foreign sources."CBS News - 3d -
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of ...The New York Times - 2d -
Trump threatens secondary tariffs on Russian oil if no deal on Ukraine
US president says he is ‘pissed off’ with Vladimir Putin for dragging feet in ceasefire talksFinancial Times - 6d -
EU brandishes ‘strong plan’ to retaliate against US tariffs
Commission chief Ursula von der Leyen says Brussels could hit Big Tech services exportsFinancial Times - 5d -
'Worst offenders' around world face tariffs of up to 50%
The president says the US has been "pillaged, raped and plundered" for years by international trade partners.BBC News - 3d -
UK draws up list of US products it could hit with tariffs
The business secretary says he wants to reach an economic deal but would take "necessary steps' if talks failed.BBC News - 2d -
Jim Cramer says Trump's behavior has overshadowed U.S. economic strength
CNBC's Jim Cramer said he believes investor sentiment has gotten too negative and could improve if President Donald Trump clarifies his tariff policies.CNBC - 5d -
Trump Says He’s ‘Not Joking’ About Seeking a Third Term in Defiance of Constitution
In wide-ranging remarks to “Meet the Press,” Mr. Trump said “a lot of people” wanted him to serve a third term and vowed to impose tariffs on global rivals, according to a transcript of the ...The New York Times - 4d -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 1h -
4/3: CBS Morning News
Trump unveils 10% tariff on all countries; President says TikTok will be sold to U.S. buyer before April 5 deadline.CBS News - 2d -
Wholesale egg prices are falling. Will consumers see some relief?
Wholesale egg prices are falling, with stores saying they're now lowering prices and easing restrictions. But tariffs could be an issue.CBS News - 1d -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 1d -
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.CNBC - 5d -
As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrier
"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.CNBC - 5d -
Don't overlook the impact of pharma tariffs, says an analyst. Where we stand on Bristol Myers
The drug stock is higher over the past month while the S&P 500 has pulled back sharply.CNBC - 4d -
Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump's tariffs
"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said.CNBC - 3d -
Trump will 'buckle under pressure' if Europe bands together over tariffs, German economy minister says
U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.CNBC - 2d -
Commerce Secretary Lutnick says Trump's reciprocal tariffs will spur countries to examine their trade policies
In a CNBC interview, Lutnick said the moves will push countries to re-examine their policies and provide greater access for U.S. products.CNBC - 2d -
Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced WednesdayCNBC - 1d -
Jim Cramer says investors should follow the post-dot-com-bubble playbook
As tariffs tanked stocks on Thursday, CNBC's Jim Cramer believes investors should look to the same sectors that rose after the dot-com bubble burst in 2000.CNBC - 2d