Latest in Tariff Threats Doge
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DOGE says it's now saved $65B in federal funds, but that's still impossible to verify
DOGE has updated its website to say it's slashed $65 billion in federal funding -- but they only provide records for $9.6 billion in savings from contract terminations.ABC News - 1d -
How Trump’s Cabinet Scrambled to Respond to Musk’s DOGE Email
Behind the scenes, cabinet secretaries compared notes as they tried to figure out how to respond to a directive from President Trump’s most powerful adviser without angering the president.The New York Times - 1d -
Pressure mounts on DOGE to provide more transparency into its inner workings
Politicians, lawsuits and a judicial order are pushing on Elon Musk’s Department of Government Efficiency to become more transparent.NBC News - 1d -
Behind DOGE’s Many Conflicts of Interest and Elon Musk’s Weekend Email Chaos
On this special episode of “Uncanny Valley,” we dig into the many DOGE staffers keeping two jobs at once, plus what happened when US federal workers received an email from Elon Musk over the weekend.Wired - 1d -
Judge orders DOGE employee to testify in lawsuit against the Trump administration
U.S. District Judge John Bates called the Department of Government Efficiency's work "opaque" as he ordered an official to shed more light on its structure and activity.NBC News - 1d -
GOP push for DOGE cuts inflames talks to prevent shutdown
Growing calls among hardline House conservatives to incorporate cuts made by the Department of Government Efficiency (DOGE) into a developing government funding bill are complicating efforts to ...The Hill - 23h -
How Elon Musk Built His DOGE Operation: Timeline and Key Takeaways
The New York Times interviewed more than 60 people familiar with Mr. Musk’s effort to piece together new details about it.The New York Times - 20h -
DOGE's mass firings of federal workers continues to stir controversy
A federal judge in San Francisco ruled the mass firings of federal probationary workers was likely illegal. Judge William Alsup handed down a temporary restraining order, saying the Office of ...CBS News - 18h -
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 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 - 3d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 3d -
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies. Donald Trump has threatened to slap 25% tariffs on the European ...The Guardian - 2d -
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine
Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...MarketWatch - 2d -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - 2d -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - 2d -
Beacon Roofing sees ‘headwinds’ from tariffs and labor jitters from building contactors
“We held our guidance all year — not many industrial distribution companies did that,” CEO Julian Francis tells MarketWatch.MarketWatch - 1d -
Manufacturers boost durable-goods orders ahead of tariffs, but industry slump hasn’t ended
A key measure of business orders rose in January for the third month in a row, but it’s likely the sudden improvement reflects businesses rushing to buy parts and supplies ahead of potential U.S. ...MarketWatch - 1d -
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.
The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...MarketWatch - 1d -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 1d -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - 1d -
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.
Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.MarketWatch - 1d -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - 1d -
Trump praises Starmer’s ‘hard’ lobbying as he again suggests UK will be exempt from US tariffs – live
Trump calls Starmer meeting ‘tremendously productive’ and says ‘we have a very good chance at arriving at a very good deal’. Trump-Starmer visit: the key takeaways European Commission ...The Guardian - 1d -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 1d -
‘I decided I was done’: Canada pizzeria boycotts US ingredients in tariff dispute
Gram’s Pizza owner and chef is boycotting US products after Trump threatened to add 25% tariff on Canadian goods. Tucked away in a former garage space in Toronto’s west end, Gram’s Pizza is usually ...The Guardian - 22h -
China vows to retaliate as necessary after Trump threatens another 10% tariff hike
China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.CNBC - 21h -
U.S. trade deficit in goods balloons to record high as businesses race to avoid tariffs
The trade sector seems set to be a drag on headline GDP growth in the first quarter, but it is hard to estimate how much.MarketWatch - 19h -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 18h -
Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 16h -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - 6d -
This USAID Program Made Food Aid More Efficient for Decades. DOGE Gutted It Anyways
The Famine Early Warning Systems Network is one of USAID’s most data-driven programs, but its work has been stalled by the Trump administration.Wired - Feb. 19 -
Big swings, big misses: DOGE struggles to back up its outsized claims
A series of announcements by DOGE and claims by Musk and Trump about the agency’s efforts have crumbled under scrutiny, even as they’re repeated by the White House.NBC News - Feb. 19 -
Georgia Republican faces town hall backlash over DOGE's 'chainsaw approach' to federal cuts
Rep. Rich McCormick, who represents a safe GOP district, came under harsh criticism that focused on the Trump administration’s moves to slash federal jobs and budgets.NBC News - Feb. 21 -
Mental health agency loses 1 in 10 to DOGE cuts, 988 hotline team impacted
Around 100 were fired from the Substance Abuse and Mental Health Services Administration.CBS News - Feb. 21 -
DOGE’s USDS Purge Included the Guy Who Keeps Veterans’ Data Safe Online
The cybersecurity lead for VA.gov was fired last week. He tells WIRED that the Veterans Affairs digital hub will be more vulnerable without someone in his role.Wired - Feb. 21 -
DOGE won't get broad access to IRS personal taxpayer info, agreement states
A member of the DOGE team assigned to work at the IRS will not be granted broad access to Americans' personal tax information, according to a memo obtained ABC News.ABC News - Feb. 21