Latest in Shock Tariffs
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US consumers warned to brace for higher prices due to Trump’s tariffs
Prices ‘highly likely’ to rise almost immediately, retailers say, after 25% duty hits exports from Mexico and Canada. Trump’s Congress speech – latest updates Americans have been warned to ...The Guardian - 7h -
Trump expected to defend tariff policy in speech to joint session of Congress
President Trump made good on his promise to impose sweeping new tariffs on Canada, Mexico and China. NBC News Correspondents Kelly O’Donnell, Melanie Zanona and Brian Cheung discuss what to expect ...NBC News - 6h -
Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address
The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.ABC News - 7h -
Trump's tariffs could quickly cut North American auto production by a third
A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.CNBC - 7h -
Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says
Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.CNBC - 7h -
Stagflation fears bubble up as Trump tariffs take effect and the economy slows
A growth scare in the economy has accompanied worries over a resurgence in inflation, threatening to potentially rekindle stagflation.CNBC - 6h -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump's controversial tariffs will "probably" come "tomorrow."CNBC - 5h -
Americans are racing to prep for tariffs, but many aren’t ready — especially this group
The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans.MarketWatch - 5h -
Markets brace for tariffs on Canada and Mexico to have ‘immediate effects’ on these sectors
“Tariffs are inflationary and can undermine revenue and earnings,” Wells Fargo Investment Institute strategist says.MarketWatch - 5h -
Ontario halts US alcohol sales as Trump tariffs take hold
Liquor bottles are flying off the shelves in Canada, but not because they are being sold. The Liquor Control Board of Ontario says it is pulling American-made spirits in response to the U.S. and ...The Hill - 6h -
Lutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
Commerce Secretary Howard Lutnick said President Trump may announce a compromise with Canada and Mexico on Wednesday, the day after he imposed 25 percent tariffs on the two neighboring countries. ...The Hill - 6h -
Stocks tumble for second straight day as tariffs take effect
Stocks fell Tuesday amid renewed fears of a wider trade war as tariffs long threatened by the Trump administration came into effect.NBC News - 5h -
Trump could meet Canada and Mexico ‘in the middle’ on tariffs, Lutnick says
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 6h -
Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says
President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday.NBC News - 5h -
How Trump's Canada and Mexico tariffs risk higher prices on cars
President Donald Trump’s decision to impose a 25% tariff on all imports coming into the U.S. from Canada and Mexico is expected to take a particular toll on the U.S. auto industry.NBC News - 5h -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 4h -
Target, Best Buy warn of higher prices over Trump tariffs
Target and Best Buy warned on Tuesday that shoppers should expect to see higher prices on certain goods as President Trump's tariffs on Mexico, Canada and China go into effect and those nations ...The Hill - 4h -
Ontario leader threatens to shut off power to US after tariffs on Canada
President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China.ABC News - 6h -
Mexico Gave Trump Much of What He Wanted. Tariffs Came Anyway.
President Claudia Sheinbaum of Mexico took steps sought by President Trump, including sending troops to the border and cracking down on drug cartels. The tariffs went into effect anyway.The New York Times - 5h -
Jim Cramer talks Trump tariffs and investor woes after Dow tumbles
CNBC's Jim Cramer laid out Wall Street's concerns over a trade war from Trump tariffs and offered his take on how the White House might view the issue.CNBC - 4h -
Will TSMC escape tariffs with pledge for $100B in U.S. chip manufacturing plants?
It’s been a whirlwind of news on the tariff front and Taiwan has avoided tariffs for now. But the timing of a $100 billion commitment by TSMC to build chip manufacturing plants in the U.S. may have ...VentureBeat - 4h -
Trump’s tariffs will bring ‘nothing but pain’ to rural America, farmers say
Agriculture industry warns customers are looking elsewhere for key commoditiesFinancial Times - 6h -
Fact-Checking Trump’s Claims on Tariffs, Ukraine and DOGE Before Address to Congress
The president has repeatedly made false or misleading claims in pursuing an aggressive agenda in the first weeks of his second term.The New York Times - 3h -
Trump could reduce tariffs as soon as tomorrow, commerce secretary says
Ahead of President Trump's address to Congress on Tuesday night, the stock market took a dive for the second day in a row, largely due to Mr. Trump's sweeping tariffs on Canada, Mexico and China. ...CBS News - 3h -
Rep. Byron Donalds defends Trump's tariffs on U.S. allies
President Trump's sweeping tariffs on Canada, Mexico and China went into effect Tuesday hours before his address to a joint session of Congress. Republican Rep. Byron Donalds of Florida joins CBS ...CBS News - 3h -
Trump’s Tariffs Set Off Day of Anger, Retaliation and Market Unease
Global markets fell after steep U.S. tariffs on China, Canada and Mexico went into effect, and as the possible ramifications of a global trade war set in.The New York Times - 2h -
Trump says tariffs are to curb fentanyl, but U.S. overdose deaths are already declining
While President Donald Trump has said the tariffs are meant stop the flow of drugs across the border, experts worry it may undermine progress already underway.NBC News - 36m -
Mullin hits 'governor' Trudeau while defending tariffs against Canada
Sen. Markwayne Mullin (R-Okla.) on Tuesday referred to Canadian Prime Minister Justin Trudeau as “governor,” as the senator defended President Trump’s tariffs against the neighbor to the north. In ...The Hill - 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 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - 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 -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - Feb. 24 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - Feb. 24 -
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 -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - Feb. 25