Latest in Tariffs Economists Say
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Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 1d -
Trump tariff formula misrepresents global trade economics, experts say
The Trump administration's tariff calculations appear on paper to be a simplified math of America's trade relationships.ABC News - 9h -
Democratic Sen. Bennet says he supports Trump’s threat to impose secondary tariffs on Russia
Sen. Michael Bennet (D-Colo.) says President Trump’s back and forth relationship with Russia is “crazy” but would support his call for secondary tariffs should peace talks with Ukraine fall through.NBC News - 5d -
Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney
Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade deal. Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the ...The Guardian - 1d -
EU prepared to retaliate against Trump tariffs, von der Leyen says
The European Union (EU) is prepared to retaliate against President Trump’s existing and upcoming tariffs, although the trade bloc is open to negotiations with Washington, according to European ...The Hill - 3d -
Jim Cramer says a 20% tariff on most imports would be 'horrendous' for the economy
CNBC's Jim Cramer sees five issues with President Donald Trump's potential 20% blanket tariffs, including their effect on inflation and domestic manufacturing.CNBC - 3d -
Jim Cramer says Trump tariffs are more punitive than reciprocal
As President Donald Trump announced 'reciprocal tariffs' on Wednesday, CNBC's Jim Cramer said the president is focused on punishing U.S. trading partners.CNBC - 1d -
Trump says other countries are trying to 'make a deal' after tariffs announced
Trump reacted for the first time on Thursday to the fallout from his tariff announcement, which included markets nosediving and foreign leaders threatening retaliation.ABC News - 1d -
Former Microsoft CEO Steve Ballmer says, as shareholder, tariffs are 'not good'
Despite tariff impact, Microsoft's top shareholder said he's a long-term believer in the company, given its opportunity in compute and intelligence.CNBC - 9h -
Tequila maker says tariffs won't affect his prices. Here's why he plans to absorb costs
Colorado-based Suerte Tequila said it will absorb all tariff costs.CNBC - 2d -
Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.The New York Times - 2d -
Trump Says He’s ‘Very Angry’ at Putin and Threatens Secondary Tariffs on Russia
President Trump said he could impose tariffs on nations that buy oil from Russia if it thwarts negotiations for a peace deal in Ukraine. He suggested the same step was possible for Iran.The New York Times - 5d -
Trump says planned April 2 tariffs will 'start with all countries'
ABOARD AIR FORCE ONE — President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with ...NBC News - 5d -
Navarro says Trump’s tariffs will raise $6 trillion over a decade
Peter Navarro, a senior trade adviser to President Trump, said the president’s tariff plan will raise more than $6 trillion in federal revenue over the next decade. Navarro joined “Fox News ...The Hill - 4d -
‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs
The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in Britain. Donald Trump’s tariff “day of liberation” arrived with the ...The Guardian - 2d -
Trump's former press secretary says he's 'posturing' on tariffs
Former White House press secretary Kayleigh McEnany, who's now a Fox News host, dismissed concerns about the implications of the new tariffs President Trump announced this week. "I firmly believe ...The Hill - 1d -
Rubio says markets will recover after Trump tariff announcement
Secretary of State Marco Rubio said the global financial markets will bounce back after plunging for a second day, following President Trump’s rollout of a fresh set of tariffs. Rubio said Friday ...The Hill - 16h -
'We will respond': Canada vows retaliatory tariffs if Trump escalates trade war
Trump says he'll unveil new tariffs April 2, which he dubbed "Liberation Day."ABC News - 3d -
For Chinese auto part suppliers, Americans are picking up the tab for Trump's tariffs
President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.NBC News - 2d -
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.The New York Times - 1d -
Trump Loves Tariffs. Do Americans?
Astead Herndon, a New York Times politics reporter and host of the podcast “The Run-Up,” unpacks what the voters and the polling say about President Trump’s signature economic policy: tariffs.The New York Times - 3d -
Trump tariffs on nations that import Venezuelan oil are an unprecedented move that increases trade uncertainty, analysts say
President Donald Trump's secondary tariffs are "unprecedented and legally questionable," according to the consulting firm Rapidan Energy.CNBC - 3d -
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
Grocery bills will likely rise as shoppers pay more for household staples because of the Trump administration's new tariffs.CNBC - 1d -
Trump announces sweeping new tariffs, upending decades of US trade policy
President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’. Business live – latest updates Donald Trump announced sweeping ...The Guardian - 2d -
Trump launches 10% minimum tariffs on every US trading partner
President Donald Trump announced an across-the-board minimum 10% tariff on all trading partners, with some "reciprocal tariffs" imposed on dozens of countries he says are ripping the United States ...NBC News - 1d -
‘Oligarchy’: Trump exempts big oil donors from tariffs package
Trump’s new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say. US politics live – latest updates The sweeping package of tariffs unveiled ...The Guardian - 15h -
Trump believes the reaction to his tariffs is 'going very well'
President Trump was asked about the market's response after his tariff announcement, saying he believed it was "going well" and that the country is "going to boom."NBC News - 1d -
Jim Cramer: Here's my advice for investors as stocks dive on Trump's tariffs
CNBC Jim Cramer says long-term investors must steel themselves as the stock market tanks on Trump's sweeping tariff announcement.CNBC - 1d -
Nintendo delays Switch 2 preorders in the U.S. over tariff impacts
Nintendo says Switch 2 preorders won't go live in the U.S. on April 9, citing President Trump's newly revealed tariffs.VentureBeat - 12h -
GOP senator says Trump ‘doesn’t bluff’ as the president says he’s ‘pissed off’ at Putin
Sen. Markwayne Mullin (R-Okla.) exclusively joins Meet the Press to discuss Donald Trump’s negotiating tactics as the president says he may impose secondary tariffs on Russian oil.NBC News - 5d -
What's the goal of tariffs if it means higher prices in the US?
President Donald Trump says his goal for sweeping reciprocal tariffs is to realign the economy by bringing jobs back to the United States. To do that, he’s making products made overseas more ...NBC News - 18h -
Nvidia positioned to weather Trump tariffs, chip demand 'off the charts,' says Altimeter's Gerstner
Altimeter Capital CEO Brad Gerstner told CNBC that he remains bullish on Nvidia despite President Trump's tariffs and their effect on the broader economy.CNBC - 1d -
Trump tariffs are 'pure madness' and the European Union should not comply, former Italian PM says
U.S. President Donald Trump's so-called 'Liberation Day' trade tariffs are "madness, pure madness", according to former Italian Prime Minister Enrico Letta.CNBC - 15h -
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 - 11h -
Amid tariff sell-off, investors should avoid ‘dangerous’ investment instincts, behavioral finance experts say
A big market sell-off can prompt individual investors to go into fight or flight mode, experts say. And that's the worst time to make investment decisions.CNBC - 11h -
Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
The president said he “couldn’t care less” if automakers raised prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.The New York Times - 5d -
Canada Trump tariff exemption ‘like dodging a bullet into the path of a tank’, says business leader
Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours. Canada’s exemption from Donald Trump’s ...The Guardian - 2d -
Trump: Tariff rollout 'going very well,' says markets will 'boom' amid slump
President Trump on Thursday insisted that the rollout of his new reciprocal tariffs is "going really well" despite markets taking a plunge and foreign leaders appearing rattled by the prospect of a ...The Hill - 1d -
Starmer to hold talks with other global leaders to discuss response to Trump tariffs, says No 10 – UK politics live
UK prime minister to speak to international leaders this weekend to ‘maintain stability and strengthen our partnerships abroad’. Trump claims Starmer ‘very happy’ about tariffs . Downing Street ...The Guardian - 15h