Latest in Tariffs Impacting Cost
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A cacti-smuggling case with a prickly end: the novel way courts are making poachers pay
Two Italian cacti smugglers have been fined for illegally trading plants from Chile – and for the cost of restoring the environment. Conservationists hope more cases will follow. Chile’s Atacama ...The Guardian - 2d -
DOJ investigates U.S. egg producers amid soaring prices
The Department of Justice is investigating major U.S. egg producers for price fixing, as costs continue to rise. It comes as some lawmakers and advocacy groups accuse top U.S. egg producers of ...CBS News - 1d -
Cheltenham festival crowds will be down this week for third year running
CEO says accommodation costs affecting attendance Course claims that changes will spark revival in 2026 Cheltenham racecourse has effectively confirmed that crowds at its showpiece meeting will ...The Guardian - 1d -
Cerebras just announced 6 new AI datacenters that process 40M tokens per second — and it could be bad news for Nvidia
Cerebras Systems is challenging Nvidia with six new AI data centers across North America, promising 10x faster inference speeds and 7x cost reduction for companies using advanced AI models like ...VentureBeat - 23h -
Eric Schmidt Joins Relativity Space as C.E.O.
The former Google chief executive is taking a controlling interest in Relativity Space, which aims to build low-cost, reusable rockets to compete against Elon Musk’s SpaceX and to reach Mars.The New York Times - 18h -
Trump’s Tariffs by Whim Keep Allies and Markets Off Balance
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.The New York Times - 4d -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - 4d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 4d -
Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.The New York Times - 4d -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - 3d -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 2d -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 2d -
Morning Report — This week: Funding suspense, tariff two-step, DOGE bites
In today’s issue: Speaker Mike Johnson (R-La.) says he has the votes to dodge a possible government shutdown by next weekend. A floor vote could happen Tuesday under his plan, which envisions ...The Hill - 2d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 1d -
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - 1d -
Canada gets new leader, but don’t bet on a quick Trump tariff truce
Could the U.S. and Canada quickly patch up trade relations following the resignation of Prime Minister Justin Trudeau? Don’t count on it.MarketWatch - 1d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 1d -
Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.The New York Times - 1d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - 1d -
Rand Paul: ‘When the markets tumble like this in response to tariffs, it pays to listen’
Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.” “The stock market is comprised ...The Hill - 22h -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
What the White House wants and what the economic realities of manufacturing and trade are don’t line up, experts say.NBC News - 23h -
Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 22h -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 23h -
Dick’s Sporting Goods faces tariff ‘unknowns’ and issues conservative outlook
“The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.MarketWatch - 19h -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - 15h -
Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 13h -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 14h -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 11h -
Trump’s 25% steel and aluminium tariffs take effect despite recession fears
Levies also set to apply to most derivative products such as tennis rackets and air conditioning unitsFinancial Times - 8h -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 8h -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 5h -
UK seeks ‘pragmatic’ deal with US to avoid future tariffs
Decision not to impose retaliatory levies signals break with EU approachFinancial Times - 2h -
Europe retaliates after Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 35m -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 1h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 4d -
Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.
Investors are concerned about delayed AI features and the looming threat of tariffs.MarketWatch - 1d -
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - 3d -
X outage affects thousands of users
An outage on the social media platform X appeared to impact thousands of users on Monday morning. According to outage-tracking website Downdetector.com, more than 37,000 users reported problems ...The Hill - 1d -
Julia McNeil's family reflects on her historic role in WWII's Six Triple Eight
Julia McNeil was part of the Six Triple Eight, the first all-Black women's unit stationed in Europe during WWII. Decades later, her family reflects on her service, her legacy, and how the unit's ...CBS News - 1d -
Sea lions sickened as toxic algae threatens California’s marine mammals
Number of animals affected by neurological toxin increases in past week as experts warn of impact from climate crisis. The number of marine mammals in California affected by a neurological toxin ...The Guardian - 1d