Latest in Tariffs Costs
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Europe Is Ready to Make Its First Countermove to Trump Tariffs
European Union officials meeting in Brussels will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.The New York Times - 2h -
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.CBS News - 1h -
Europe Is Ready to Make Its First Countermove to Trump Tariffs
European Union officials will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.The New York Times - 2h -
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.The New York Times - 4d -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 2d -
Communities across the country feel impacts of tariffs
Communities across the country are already feeling the impacts of President Trump's new tariffs. NBC News' local stations and affiliates talk to business owners nationwide about how they are feeling.NBC News - 2d -
7 Americans Weigh In on Trump’s Sweeping Tariffs
Voters were bracing for the effects of President Trump’s recent tariffs in their own lives, but some said they were, for now, waiting and watching to see how all of this plays out.The New York Times - 2d -
How other nations are reacting to Trump's sweeping new tariffs
America's global trading partners are bristling at President Trump's tariff tactics, but many also stress a desire to strike new deals with the U.S.CBS News - 3d -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 3d -
China fires back at Trump's tariffs with 34% levy on all U.S. imports
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.CBS News - 2d -
Dow sheds 2,200 points as markets end another day of tariff chaos
The major U.S. stock indexes dropped sharply in Friday trading as President Donald Trump's historic tariffs announcement sent shock waves through the global economy.NBC News - 2d -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 2d -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 2d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 2d -
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.CBS News - 2d -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 2d -
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.Los Angeles Times - 2d -
In Canada’s Auto City, Tariffs Have Already Caused a Shutdown
Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.The New York Times - 2d -
Argentinian president doubles down on Trump support amid tariff shock
As world leaders wrung their hands over President Donald Trump's sweeping tariff announcements, Argentine president Javier Milei was feted at Mar-a-Lago.CBS News - 1d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 1d -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 13h -
Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'
Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.CNBC - 1h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 15h -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 2d -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.CNBC - 36m -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 2d -
After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up
The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.The New York Times - 1d -
Trump: Trade deficit with China must be resolved before deal on tariffs
President Trump said the trade deficit between the U.S. and China must be resolved before he is willing to negotiate a deal regarding the tariffs he placed on Beijing. “When you look at the trade ...The Hill - 1h -
ESA Says Tariffs Will Have A "Detrimental Impact" On Entire Gaming Industry, Not Just Nintendo
Earlier today, Nintendo made the unprecedented decision to delay prerelease orders for the Switch 2 in the US in order for the company to "assess the potential impact of tariffs and evolving ...GameSpot - 2d -
How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again
After years of managerial turmoil and a failed merger with Honda, Nissan is attempting to right the ship. President Donald Trump's tariffs couldn't have come at a worse time.Wired - 1d -
Op-ed: First test in Trump's tariffs war is underway. Our government is set to fail it
One thing the Trump White House fact sheet on tariffs does not offer is a coherent implementation plan. That's a dangerous foundation for long-term policy.CNBC - 22h -
Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'
Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.CNBC - 2h -
2-year Treasury yield tumbles as traders price in more rate cuts on tariff economic hit
U.S. Treasury yields dropped again on Monday as President Donald Trump's tariffs spurred a flight to safety while riskier markets took a hit.CNBC - 32m -
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 31m -
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.The New York Times - 2d -
Trump’s Tariffs: Is Globalisation Over?
Prime Minister Keir Starmer says "the world as we knew it has gone"BBC News - 1d -
Rubio defends Trump tariffs, says Putin needs to show he ‘wants peace’
Speaking at NATO headquarters in Brussels, Secretary of State Marco Rubio told reporters President Trump’s tariffs will “reset” global trade. Rubio also said Russia needs to show it is serious ...NBC News - 2d -
Trump defends tariffs as markets plunge: 'I don't want anything to go down'
President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.” “When you look at the trade deficit we have with certain countries, with ...The Hill - 12h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 10h