Latest in Tariffs Lose Lose
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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 - 3d -
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 - 2d -
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 - 2d -
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.NBC News - 2d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 23h -
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 - 21h -
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 - 22h -
Toyota considers exporting from UK to US to ease impact of Trump tariffs
Senior European executive of world’s largest carmaker also warns of more turbulence for the sectorFinancial Times - 20h -
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 - 19h -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 15h -
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 - 12h -
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 - 8h -
Trump’s tariffs won’t solve the opioid crisis, but a deal with China might
They provide leverage that Trump should use to strike a deal with China to more comprehensively regulate its pharmaceutical and chemical industries.The Hill - 6h -
EU retaliates after Trump’s steel and aluminium tariffs take effect
Countermeasures beginning in April will target up to €26bn of US goods, Brussels saysFinancial Times - 4h -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 5h -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 6h -
Europe, Canada retaliate as 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 - 4h -
Corporate Gloom Deepens as New Trump Tariffs Take Effect
Businesses need stability and clarity and instead they are getting calamity from Washington.Inc. - 3h -
Trouble is brewing for local beer companies as Trump slaps tariffs on aluminum
The math is tight for Thom Cheston.NBC News - 1h -
EU hits back at tariffs and warns against trade war
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 23m -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 26m -
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 - 5d -
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 -
The America-First President Doesn’t Care About a Last-Place Stock Market
Wall Street is mixed on whether to buy the dip through tariff uncertainty.Inc. - 5h -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 3d -
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 - 3d