Latest in Tariff Essentially Cuts
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Demand spike, incentives bust, and tariffs: Renewable energy's biggest stress test is here
Companies in solar, wind, and hydrogen are facing subsidy walk backs and tariffs at a time when clean energy providers are essential to the supply equation.CNBC - 3d -
How the IRS layoffs could affect audits and refunds during tax filing season
Thousands of IRS employees have lost their jobs as part of DOGE's spending cuts, and the layoffs could affect essential agency functions during tax season.CNBC - 5d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 4d -
UK Cuts Tariffs on Dozens of Products as Global Trade Tensions Rise
British officials also announced more financing for exporters as the country sought to protect firms hurt by tariffs.The New York Times - 1d -
Tariffs won’t boost U.S. manufacturing — tax cuts will, Johnson & Johnson CEO says
For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson & Johnson CEO Joaquin Duato said.MarketWatch - 1d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 4d -
Hispanic consumers cut back spending over US deportation fears
Trump’s immigration policies have contributed to a sales slowdown triggered by his tariffsFinancial Times - 3d -
UK suspends import tariffs to ease strain for British businesses
Levies cut on 89 products to support domestic companies against Trump’s trade warFinancial Times - 3d -
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Global markets are bouncing back, but a new survey of company chiefs finds that they’re on edge and are looking to cut back on investment.The New York Times - 2d -
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 4d -
Singapore sees zero growth as a possibility this year as it cuts GDP outlook on tariff worries
This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.CNBC - 2d -
Spaced Out: Spending Cuts Could Hurt Startups
Elon Musk, the CEO of SpaceX and the head of DOGE, could be cutting off funds for new companies in his own industry.Inc. - 5d -
Charities criticise 'distressing' cuts to adoption fund
The amount of funding families can access to pay for therapy for adopted children has been cut by 40%.BBC News - 1d -
FCA probes banks on bereavement and power of attorney policies
Watchdog review highlights inability to access funds to pay essential billsFinancial Times - 4d -
Universities sue over Energy Department research funding cuts
A group of universities — including Brown University and the Massachusetts Institute of Technology — and education groups filed a lawsuit on Tuesday seeking to halt the Department of Energy's cuts ...NBC News - 1d -
Proposed NASA Budget Cuts ‘Would Decimate American Leadership in Space’
The approximate 20 percent budget cut could force the closure of the Goddard Space Flight Center and would see projects such as the Nancy Grace Roman Space Telescope scrapped.Wired - 4d -
How Health and Human Safety Department cuts could affect your health
In his first network TV interview since becoming Health and Human Services Secretary, Robert F. Kennedy Jr. sat down with Dr. Jon LaPook. Kennedy said he was not familiar with cuts to programs that ...CBS News - 3d -
GM cutting jobs, idling Canadian electric van plant due to 'market demand'
General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year.CNBC - 5d -
White House Plan Calls for NOAA Research Programs to Be Dismantled
A Trump administration budget proposal would essentially eliminate one of the world’s foremost Earth sciences research operations.The New York Times - 2d -
Shane Lowry doesn't want to talk about Rory, then talks about Rory before cutting interview short
Boiling after back-to-back bogeys to end his third round of the Masters, Lowry cut his interview short on Saturday while saying he wished he'd had 30 minutes to cool off.Yahoo Sports - 3d -
‘Electoral wake-up call’: dozens of Labour MPs risk losing majorities over welfare cuts
New data shows cabinet ministers among MPs at risk as campaign to pressure government over proposed benefit cuts to step up. At least 80 Labour MPs are at risk of losing their majorities over ...The Guardian - 2d -
Trump Halts China Tariffs on Smartphones, Computers, Electronics
China will be evaluating the impact of these tariff exclusions.Inc. - 2d -
Tariffs Affecting German Birkenstocks, Beer and Riesling
German products are caught in the tariff crosshairs.Inc. - 2d -
Democrats Widely Blast Trump’s Tariffs, but Not Tariffs Overall
While Democrats have widely criticized President Trump’s whipsawing trade strategy as chaotic, they’ve displayed little consensus on where the party stands on tariffs overall.The New York Times - 3d -
Latest details on Trump's tariff pause
President Trump announced Wednesday he's increasing tariffs on China while pausing reciprocal tariffs against most other U.S. trade partners for 90 days. Lindsey Reiser anchored CBS News' live ...CBS News - 3d -
Trump’s tariffs are reckless – but they hold a key lesson for Democrats | David Sirota
There is a middle ground on tariffs. But Democrats’ free-trade advocacy allows Trump to play the populist. To tariff or not to tariff? Today’s tweet-length political discourse pretends this is a ...The Guardian - 1d -
Business Begin to Experience Whiplash from Tariffs
Some business owners have expressed concern about tariff turbulence.Inc. - 3d -
Commerce Secretary Lutnick says tariff exemptions for electronics are only temporary
Lutnick said on "This Week" administration's exemptions on electronic devices from tariffs is temporary, with "semiconductor tariffs" likely come in "a month or two."ABC News - 3d -
China urges Trump to correct mistakes and heed 'rational voices' on reciprocal tariffs
China's Commerce Ministry called tariff exemptions a "small step" but urged the U.S. to "completely abolish" reciprocal tariffs.CNBC - 3d -
Trump tariffs won't lead supply chains back to U.S., companies will go low-tariff globe-hopping: CNBC survey
A U.S. manufacturing boom is an unlikely result of Trump's tariffs, with costs too high and a global hunt for low-tariff regimes coming, a CNBC survey found.CNBC - 1d -
A critical week for Meta and a key test for the new FTC chair
Plus, ECB expected to cut interest rates and milestone dates for McDonald’sFinancial Times - 3d -
EU Countries Go on Tariff Defense
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.The New York Times - 5d -
The art of the hollow promise to cut Pentagon waste
President Trump's executive order aims to modernize defense acquisitions and spur innovation, but critics argue it will lead to more waste and deregulation, rather than reducing the Pentagon's ...The Hill - 3d -
Ancient oak tree cut down by Toby Carvery
The felling of a much-loved and centuries-old north London oak tree was initially reported to police.BBC News - 1d -
Trump tariffs bring Democrat disagreements to surface
President Trump’s tariffs are putting Democrats in a challenging political position as they decide how strongly to denounce his trade policy. Democrats have pounced on Trump’s tariffs in recent ...The Hill - 3d -
What we know about Trump's tariff pause
President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly ...CBS News - 3d -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest on tariffs and executive ordersFinancial Times - 2d -
Trump’s Tariff Pause Is Less Than Meets the Eye
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.The New York Times - 4d -
Apple, Nvidia get tariff exemptions for now, but ‘massive uncertainty’ lies ahead
Smartphones and laptops are among items exempt from recent China tariffs, but Commerce Secretary Howard Lutnick says more focused tariffs are on their way.MarketWatch - 3d