Latest in Says Trump's Tariff
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Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - November 8 -
Can Trump impose tariffs without Congress? It's complicated, experts say.
President-elect Donald Trump claims he can unilaterally impose sweeping tariffs on U.S. imports. The reality is more complicated, according to trade experts.Top stories - CBS News - November 14 -
Here’s how tariffs can be implemented without rocking markets, Trump-friendly strategist says
A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.Business - MarketWatch - November 14 -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - November 15 -
Trump's proposed tariffs would raise prices for these products, experts say
“This will directly impact people’s pocketbooks,” one expert said.Top stories - ABC News - November 18 -
Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism
"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.Business - CNBC - November 21 -
Trump tariff on China could lower global inflation, says UK economist
Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere. Donald Trump imposing massive US tariffs on Chinese imports could drag down global inflation ...World - The Guardian - 3 days ago -
Trump says he will hit China, Canada and Mexico with new tariffs
US president-elect vows to impose levies on first day in retaliation for illegal migration and drug traffickingBusiness - Financial Times - 2 days ago -
Trump says he'll slap tariffs on Canada, China and Mexico on Day 1
Trump says he plans to impose tariffs on Mexico, Canada and China in an effort to stop the flow of drugs entering the country and illegal border crossings.Top stories - ABC News - 2 days ago -
‘No One Will Win a Trade War,’ China Says After Trump Tariff Threat
A spokesperson at the Chinese Embassy in Washington said his country is fighting fentanyl trafficking, the reason for the new promised penalty.Business - Inc. - 2 days ago -
Trudeau says he had 'good call' with Trump amid tariff threats
Canadian Prime Minister Justin Trudeau said Tuesday he had a “good call” with President-elect Trump following the incoming U.S. leader’s pronouncement that he would impose a 25 percent tariff on ...Politics - The Hill - 2 days ago -
Trudeau says he 'had a good call' with Trump about tariffs
Canadian Prime Minister Justin Trudeau said he "had a good call” with President-elect Donald Trump following his new announcement of a 25% tariff on items from the country.Politics - NBC News - 2 days ago -
Best Buy says Trump tariffs could force it to raise consumer prices
Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.Top stories - CBS News - 2 days ago -
Two-thirds say Trump tariff plans will add to rising costs: Survey
Over two-thirds of Americans say President-elect Trump’s plan to impose tariffs will add to the rising costs of goods, according to a new survey. The Harris Poll, released Wednesday to The ...Politics - The Hill - Yesterday -
FirstFT: Europe should co-operate with Trump on tariffs, says Lagarde
Also in today’s newsletter, US tells Ukraine to lower its military recruitment age, and BlackRock has deal to buy HPSWorld - Financial Times - 17 hours ago -
Biden says Trump's tariff threat against Canada and Mexico is 'counterproductive'
President Joe Biden criticized President-elect Donald Trump's announcement that he will implement 25% tariffs on Canada and Mexico, saying that the comments were "counterproductive."Top stories - NBC News - 10 hours ago -
Biden says he hopes Trump rethinks tariffs, is thankful for 'peaceful transition'
President Joe Biden spent Thanksgiving with his family giving back to first responders on Nantucket and weighing in on the transition to the next administration.Top stories - ABC News - 9 hours ago -
Trump’s Tariffs
We explore his promise to impose a charge on foreign products entering the U.S.Top stories - The New York Times - November 21 -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxesBusiness - CNBC - November 10 -
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.Business - CNBC - November 11 -
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemicWorld - ABC News - November 13 -
UK must offer Trump concessions on China to avoid tariffs says senior MP
Labour’s Liam Byrne argues government needs to address US concerns about economic securityWorld - Financial Times - November 14 -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - November 15 -
Walmart may have to raise some prices if Trump tariffs take effect, CFO says
The discounter's comments are the latest warning from retail leaders about the potential impact of the tariffs.Business - CNBC - November 19 -
Walmart will likely raise some prices if Trump tariffs take effect, CFO says
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect.Top stories - NBC News - November 19 -
Walmart CFO says some prices might rise if Trump's tariffs take effect
A Walmart executive warned that President-elect Trump’s plans to raise tariffs on imports could drive the retail giant to increase the price of store items. “We never want to raise prices,” ...Politics - The Hill - November 19 -
Charts suggest market could weather Trump tariff increases, Jim Cramer says
CNBC's Jim Cramer on Tuesday reviewed market analysis by Jessica Inskip.Business - CNBC - November 20 -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - November 21 -
Trump says he will impose new tariffs on Canada, Mexico and China on first day
President-elect Trump said Monday that he will impose new tariffs on goods from Canada, Mexico and China through an executive order on the first day of his new term next year. In a series of posts ...Politics - The Hill - 3 days ago -
Trump says he plans to enact new tariffs on Canada, China and Mexico on his first day in office
President-elect Donald Trump said Monday that his incoming administration would slap new tariffs on imported goods from Mexico, Canada and China, solidifying a key campaign promise that could have ...Politics - NBC News - 2 days ago -
Trump tariffs on Canada would push up US petrol prices, say oil producers
President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplierWorld - Financial Times - 2 days ago -
Trump says he's going to impose new tariffs: When could it impact your wallet?
Multiple companies have already said consumers could see higher prices — but how soon?Politics - The Hill - 2 days ago -
Texas Democrat says Trump's tariffs 'will definitely get Mexico to the table' to solve immigration, fentanyl problems
Rep. Henry Cuellar (D-Texas) said Tuesday that President-elect Trump’s tariffs “will definitely get Mexico to the table” to solve immigration and fentanyl problems. “If it means a 25 percent tariff ...Politics - The Hill - 2 days ago