Latest in Tariffs Harm Economy
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Trump’s first 50 days: Stocks suffer worst start to a presidential term since 2009
The first 50 days of President Donald Trump’s second term brought heightened volatility to financial markets already worried about slowing economic growth in the world’s largest economy.MarketWatch - 4h -
Sunday shows preview: House GOP unveils bill to avert shutdown; Trump's tariffs teeter
House Republicans have unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which is likely to ...The Hill - 2d -
Japan seeks tariff reprieve after Trump questions long-standing defence pact
Trade minister to pitch ‘win-win’ solutions in Washington as deadline looms for steel and aluminium dutiesFinancial Times - 1d -
Tariffs could deal a blow to Chinatowns that have no choice but to import cultural goods, locals say
In Chinatowns across the country, people worry about the potential damage to business, loss of cultural traditions and the already high rates of poverty in these immigrant communities.NBC News - 1d -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 1d -
Trump 2nd term live updates: Trump defends tariffs, declines comment on Ukraine aid
President Donald Trump signed an executive order on Friday limiting who is eligible to benefit from the Public Service Loan Forgiveness program.ABC News - 1d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 14h -
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U.S. equities suffered their worst day of 2025.MarketWatch - 5h -
US stocks register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500 and Nasdaq all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. The US stock market continued to drop on Monday as the White House denied that ...The Guardian - 4h -
Trump 2.0 is leaving investors 'overwhelmed' — and strategists warn the volatility isn't over
Global markets have seen choppy trade as investors react to the U.S. President’s tariff policies.CNBC - 3d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 3d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 1d -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - 22h -
Trump’s Policies Have Shaken a Once-Solid Economic Outlook
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.The New York Times - 19h -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 11h -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - 7h -
US stocks plunge as fears grow over economic slowdown
The Nasdaq sinks by 4.0% and there are heavy losses for tech stocks, as President Trump's tariffs fuel fears of a recession.BBC News - 2h -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 20h -
Dow plunges 890 points after Trump declines to rule out recession
The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession. The Dow Jones Industrial Average closed with ...The Hill - 5h -
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'
Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.NBC News - 1d -
Mar 10: CBS News 24/7, 1pm ET
President Trump hints at more tariffs ahead as concerns grow over possible recession; U.S. tanker collides with a cargo ship off of U.K. coast.CBS News - 6h -
Stocks sell off on growth scare, yet companies’ talk of recession is lowest since 2018
President Donald Trump’s penchant for tariffs has raised recession fears in the stock market, yet companies aren’t talking much about that growing worry.MarketWatch - 4h -
Behind Trump's latest comments on a U.S. recession
President Trump seems confident that his tariffs will reap great rewards for the U.S., but he is not ruling out the possibility of a recession. CBS News' Weijia Jiang reports.CBS News - 5h -
Trump 2nd term live updates: Judge rules Trump admin can't freeze foreign aid
President Donald Trump spoke with reporters on Air Force One, where he defended tariffs, saying they will be the "greatest thing we've ever done as a country."ABC News - 28m -
Trump creates 2026 FIFA World Cup task force
"I think it's going to make it more exciting," Mr. Trump said of playing the World Cup amid sharp rhetoric between leaders of the host nations amid the on-again, off-again tariffs.CBS News - 3d -
Trump denies reports of infighting between Cabinet, Elon Musk
President Trump is pushing back against reports of infighting between his Cabinet and Elon Musk. He also appears to be reversing course on tariffs again, with new threats against Canada.CBS News - 2d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 1d -
Open: This is "Face the Nation with Margaret Brennan," March 9, 2025
This week on "Face the Nation with Margaret Brennan," after a whiplash week of on-again, off-again tariff announcements, Canadian ambassador to the U.S. Kirsten Hillman joins to discuss the costs ...CBS News - 1d -
"Canadians are frustrated with our neighbors," ambassador Kirsten Hillman says
Kirsten Hillman, the Canadian ambassador to the U.S., tells "Face the Nation with Margaret Brennan" that amid the ongoing war of words over tariffs with President Trump, "Canadians are frustrated ...CBS News - 1d -
Fox host asks Trump whether he is 'comfortable' that 'Ukraine may not survive'
Fox News host Maria Bartiromo pressed President Trump on whether he is “comfortable” with the idea that Ukraine “may not survive” the war with Russia. Trump sat down for an interview with Bartiromo ...The Hill - 1d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 13h -
Trump’s Putin gambit: How to hammer Moscow with sanctions that bite
President Trump has threatened to unleash "large-scale banking sanctions, sanctions, and tariffs on Russia" to force Putin to negotiate a ceasefire and final settlement agreement on peace, but his ...The Hill - 11h -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 6h -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 5h -
U.S. stocks plunge as Americans worry about a recession | Special Report
Stocks in the U.S. cratered as investors fret about a potential recession and the changing tariffs that have evolved into a trade war with several nations. President Trump declined to refute the ...CBS News - 4h -
In Latin America, China is finally losing ground
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump's America First ...The Hill - 1d -
Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan
The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffs. When Mark Carney took the job as ...The Guardian - 15h -
There’s only one thing in Mark Carney’s in-tray: Trump
Canada’s incoming prime minister warns the US president’s tariffs threaten the ‘greatest crisis of our generation’. When Mark Carney becomes Canada’s prime minister later this week, a list of ...The Guardian - 8h -
GOP lawmaker on Ontario electricity surcharge: 'It's only going to help Trump'
House Majority Whip Tom Emmer (R-Minn.) said Monday that Ontario’s 25-percent surcharge on electricity exports to his state — announced in response to President Trump’s tariffs on Canada — will ...The Hill - 4h -
Mark Carney, Canada's next prime minister, pledges to take on Trump
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS ...CBS News - 2h