Latest in Tariffs Impacts
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Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 2d -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - 2d -
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce a 25 percent tariff on steel and aluminum, which went into effect Wednesday. ...The Hill - 2d -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - 1d -
Trump threatens additional tariffs against European Union, Canada
President Trump is considering additional tariffs against the European Union and Canada after both announced retaliatory tariffs on the U.S. CBS News correspondent Natalie Brand reports.CBS News - 1d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - 4d -
Drug policy expert on fentanyl crisis and tariffs
Drug policy expert Sheila Vakharia joins to discuss the Trump administration's tariffs and their connection to fentanyl, the latest CDC data on overdose rates, and what's actually helping in the ...CBS News - 4d -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - 3d -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 2d -
Trump says tariff approach shows 'flexibility' not 'inconsistency'
President Trump on Wednesday disputed that his repeated threats of tariffs followed by exemptions or backtracking was not a case of inconsistency, but of “flexibility,” even as the approach has ...The Hill - 2d -
Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.The New York Times - 1d -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - 5d -
How One Oyster Business is Navigating Trump’s Tariff Limbo
The on and off 25 percent tariffs on imports from Canada are giving some businesses headaches.Inc. - 4d -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 4d -
US-Canada products are 99 percent tariff-free: Canadian ambassador to US
Canada's ambassador to the United States said 99% of products traded between the two nations are tariff-free.The Hill - 3d -
Trump says he's doubling tariffs on Canadian steel and aluminum to 50%
President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.CBS News - 3d -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - 3d -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 2d -
Porsche may hike prices on sports cars if tariffs are implemented
Two of Europe’s leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they’re passed along.MarketWatch - 2d -
Steel and aluminum tariffs could cause price broad price hikes
Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum imports.CBS News - 1d -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 1d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 1d -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - 1d -
Republicans use legislative sneak play to tie Democrats' hands on tariffs
House Republicans successfully blocked Democrats from forcing votes and debate on President Donald Trump's controversial tariffs.ABC News - 1d -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - 10h -
Elon Musk's carmaker Tesla raises concern over Trump tariffs
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.BBC News - 9h -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 2h -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - 2d -
'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink
Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.CNBC - 1d -
What US military aid suspension means for Ukraine’s soldiers
From geospatial imagery to weapon maintenance, the impact is far-reachingFinancial Times - 4d -
More than 80% of USAID programmes 'officially ending'
Humanitarian organisations have warned that the end of USAID programmes is already impacting millions.BBC News - 4d -
2025 NFL mock draft: Justin Fields, Sam Darnold get help from new teams; Shedeur Sanders falls out of Round 1
Let's see how the first wave of free agency impacts Round 1CBS Sports - 2d -
BBC apologises to staff targeted by stalker
The corporation says it did not do enough to understand the impact of Alex Belfield's behaviour.BBC News - 2d -
2025 NFL mock draft: Giants trade up to No. 1 while Steelers also take QB; Raiders and Cowboys add playmakers
Examining how the first week of free agency could impact the draftCBS Sports - 7h -
NFL announces change to 2025 compensatory picks
The NFL changed a compensatory pick in the seventh round. It didn't impact the Cardinals.Yahoo Sports - 4h -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 4d -
DK Metcalf trade: How Steelers' acquisition of Pro Bowl wideout may impact Pittsburgh quarterback situation
The Steelers' offense just got a whole lot more enticing for whoever will be at quarterbackCBS Sports - 4d -
Little moments make long-lasting impacts at PGA Tour Champions' Cologuard Classic
The Cologuard Classic has a greater purpose that is easily realized by anyone lucky enough to attend the pro-amCBS Sports - 4d -
Lakers governor Jeanie Buss 'didn't anticipate the global impact' Doncic trade would have
The Luka Doncic trade didn't just shock the NBA, it shocked the basketball (and non-basketball) world.Yahoo Sports - 3d -
Tesla investor survey shows 85% believe Elon Musk's politics are having 'negative' or 'extremely negative' impact on company
The poll is the latest sign of mounting frustration with the billionaire entrepreneur as he's become a rising politic figure.CNBC - 2d