Latest in Skid Tariff Concerns
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Trump meets with CEOs at Business Roundtable as market sell-off continues
Trump, a major proponent of tariffs, told the room full of business leaders that the duties he has already imposed are having a "tremendously positive impact."CNBC - 1d -
Trump Intensifies ‘51st State’ Threats in Attack on Canada
The U.S. president on Tuesday reiterated his claims on Canada’s territory as he increased tariffs, threatening to bring the country’s economy to its knees.The New York Times - 1d -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 14h -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 13h -
3/12: America Decides
European Union and Canada retaliate against Trump’s tariffs; Vice President Vance’s mother-in-law- advanced DEI while working as a provost at her California universityCBS News - 11h -
Trump’s Big Bet: Americans Will Tolerate Economic Downturn to Restore Manufacturing
The president offers many reasons for imposing tariffs, including revenue, leverage over competitors and job creation. But history suggests a more complex history.The New York Times - 7h -
Trump creates 2026 FIFA World Cup task force
"I think it's going to make it more exciting," Mr. Trump said of playing the World Cup amid sharp rhetoric between leaders of the host nations amid the on-again, off-again tariffs.CBS News - 5d -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 4d -
U.S. economy on shaky footing, Trump calls it a "detox period"
The U.S. economy is on shaky footing. The Trump administration calls it a "detox period" as it overhauls the federal government with layoffs, funding cuts and new tariffs. For markets, it's ...CBS News - 4d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d -
Open: This is "Face the Nation with Margaret Brennan," March 9, 2025
This week on "Face the Nation with Margaret Brennan," after a whiplash week of on-again, off-again tariff announcements, Canadian ambassador to the U.S. Kirsten Hillman joins to discuss the costs ...CBS News - 3d -
"Canadians are frustrated with our neighbors," ambassador Kirsten Hillman says
Kirsten Hillman, the Canadian ambassador to the U.S., tells "Face the Nation with Margaret Brennan" that amid the ongoing war of words over tariffs with President Trump, "Canadians are frustrated ...CBS News - 3d -
Fox host asks Trump whether he is 'comfortable' that 'Ukraine may not survive'
Fox News host Maria Bartiromo pressed President Trump on whether he is “comfortable” with the idea that Ukraine “may not survive” the war with Russia. Trump sat down for an interview with Bartiromo ...The Hill - 3d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - 2d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 2d -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - 2d -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 2d -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 2d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 2d -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 2d -
U.S. stocks fall as recession fears grow
The Dow Jones shed nearly 900 points on Monday as tariffs, mounting federal layoffs and consumer confidence started to weigh on the economy. Adding to the chaos is the potential for another ...CBS News - 2d -
What does Ontario's electricity surcharge mean for New York?
A 25% surcharge on electricity from Ontario, Canada, took effect in three U.S. states on Monday in response to planned tariffs from the Trump administration. New York is the nation's biggest ...CBS News - 2d -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 1d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 1d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 1d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 23h -
Trump hosting leader of Ireland at White House with trade and Ukraine likely on the agenda
President Trump is hosting the taoiseach of Ireland, Micheál Martin, at the White House on Wednesday amid the European Union's pushback against U.S. tariffs on all steel and aluminum imports. CBS ...CBS News - 19h -
Data shows inflation slowed in February as investors navigate uncertainty in stock markets
Consumer price index data for February shows inflation slowed for the first time since September. It comes as investors navigate uncertainty over President Trump's tariffs. CBS News' Kelly O'Grady ...CBS News - 18h -
For Trump, the Stock Market Matters, Until It Doesn’t. CEOs Disagree
As major indexes slide and investors worry, the president abandons his longtime claim that Wall Street performance is the only economic metric that matters, and digs in on import tariffs most ...Inc. - 18h -
The Guardian view on US-Europe relations: Britain is coming to a fork in the road | Editorial
For now Keir Starmer can say there is a middle way, but Donald Trump will soon force Britain to pick a side. No country can avoid the economic impact of Donald Trump’s aggressive trade policy. ...The Guardian - 16h -
Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu
A lot goes into the production of eggs — and with the Trump administration’s tariff policies potentially affecting costs for chicken feed and equipment, bird flu isn’t the only reason U.S. ...MarketWatch - 15h -
Mar 12: CBS News 24/7, 1pm ET
Trump's 25% tariffs on steel and aluminum take effect, prompting EU and Canada to retaliate; NASA set to bring astronauts home after eight-day mission turned into nine months.CBS News - 14h -
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - 10h -
In Latin America, China is finally losing ground
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump's America First ...The Hill - 3d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 3d -
Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan
The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffs. When Mark Carney took the job as ...The Guardian - 3d -
There’s only one thing in Mark Carney’s in-tray: Trump
Canada’s incoming prime minister warns the US president’s tariffs threaten the ‘greatest crisis of our generation’. When Mark Carney becomes Canada’s prime minister later this week, a list of ...The Guardian - 2d -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 2d