Latest in Tariff Escalation
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Trump threatens China with additional 10% tariff in escalation of trade war
US president also insists delayed tariffs on imports from Canada and Mexico will go into effect on 4 March. US politics live – latest updates Donald Trump has threatened China with an ...The Guardian - 1d -
Trump and DOGE Escalate Layoffs of Federal Workers
Federal officials circulated a memo asking agency leaders to plan even more job reductions after thousands of federal workers were fired in recent weeks.The New York Times - 1d -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - 6d -
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs
This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.Inc. - 6d -
Australian treasurer seeking tariff exemption in talks with Bessent
Australia’s treasurer, Jim Chalmers, will continue to push for steel and aluminum tariff exemptions in his discussions with Treasury Secretary Scott Bessent this week. Chalmers traveled to ...The Hill - 3d -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - 3d -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - 3d -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - 3d -
Trump directs investigation preceding potential copper tariffs
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...The Hill - 2d -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - 2d -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 2d -
Trump threatens to impose 25% tariffs on EU goods
US president warns levies will target auto sector and be applied ‘generally’Financial Times - 1d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 1d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 1d -
China tariffs set to take effect in March
Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 9h -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 7h -
When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.The New York Times - 7h -
Trump says Canada, Mexico tariffs will go into effect Tuesday, China tariffs to increase
President Trump confirmed Thursday that tariffs he had threatened and then delayed against Canada and Mexico are set to go into effect next week, while China will face increased tariffs as part of ...The Hill - 1d -
Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals
President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.CNBC - Feb. 20 -
Hasbro says it's taking steps to offset China tariff effects
Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.CNBC - Feb. 20 -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - Feb. 20 -
Trump is using tariffs as a blunt-force tool. It won’t work | Mike Williams
The steel industry needs to modernize. Tariffs can help, but the government must go beyond trade policy. Last week, Donald Trump revived a trade war from his first term, implementing a 25% tariff ...The Guardian - Feb. 21 -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - Feb. 21 -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
Even ‘Real Housewives’ Star Erin Lichy Is Preparing for Trump’s Tariffs
The serial entrepreneur talks the growth of her mezcal brand Mezcalum and why she’s never bootstrapping a business again.Inc. - Feb. 21 -
How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.The New York Times - Feb. 21 -
U.S. Consumers Are Increasingly Worried About Trump’s Tariff Plans
The Consumer Sentiment Index hit its lowest reading since November 2023.Inc. - Feb. 21 -
The EU has real leverage to counter Trump’s tariff threats
The EU is not a superpower in the traditional sense, but it continues to have significant power in the area of foreign trade.The Hill - 6d -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - 6d -
Trump considers tariffs to counter digital services taxes on Big Tech
President orders probes into levies imposed by EU, UK and Turkey on US companiesFinancial Times - 6d -
US traders snap up aluminium ahead of Trump tariffs
Imports hit highest level since mid-2022 as premium over London price surgesFinancial Times - 6d -
Democrats won’t fight Trump’s tariff policies. On trade, Trump is a Democrat.
President Donald Trump's recent trade policy has been met with surprising support from congressional Democrats, despite his protectionist policies being more aligned with progressive Democrats than ...The Hill - 5d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 4d -
Here's why Trump tariffs may raise your car insurance premiums
The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis.NBC News - 3d -
Here's why Trump tariffs may raise your car insurance premiums
If they take effect, tariffs are expected to raise costs for auto insurers to repair or replace cars, meaning motorists pay higher premiums.CNBC - 3d -
This is why Trump’s tariff plan has upended the car industry, and it’s not over yet
“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.MarketWatch - 3d -
Here are all the Trump tariffs hitting the economy in the coming weeks
The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.MarketWatch - 3d -
US orders probe into copper dumping, opening door to new tariffs
White House signals it will expedite measures despite investor concerns over how threats of levies will affect the economyFinancial Times - 2d -
How Trump's tariffs on Mexico and Canada will sweep across the U.S., state by state
From Maine to Montana to New Mexico, states across the U.S. will face significant economic issues from President Donald Trump's trade war on Mexico and Canada.CNBC - 2d