Latest in Tariffs Smart Money
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Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 11h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 10h -
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
The legal organization behind a lawsuit challenging President Trump’s tariffs is funded by groups linked to Charles Koch and Leonard A. Leo.The New York Times - 10h -
Trump’s Tariffs Are Part of a ‘Tectonic Plate Shift’ in the Global Economy
Peter R. Orszag, the C.E.O. of Lazard, discusses how markets are reacting to the uncertainty of Trump’s tariffs.The New York Times - 3h -
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.CNBC - 13m -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 6d -
Lawmakers pursue avenues to counter Trump tariffs
Backlash to President Trump's tariffs cropped up throughout Capitol Hill in recent days, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.CBS News - 1d -
Winners and losers from the Trump tariffs drama
President Trump blinked on Wednesday, pausing most of the tariffs he had sought to put on nations around the world. The one big exception is China, now the focus of an escalating trade war. ...The Hill - 2h -
China hikes tariffs on U.S. goods to 84%, as EU also hits back
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.CBS News - 1d -
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.The New York Times - 1d -
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.The New York Times - 1d -
China says it's open to talks as Trump pauses tariffs on other nations
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."CBS News - 1d -
Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.The New York Times - 22h -
Trump Has Added 145% Tariff to China, White House Clarifies
White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to ...The New York Times - 19h -
Will Trump’s tariff chaos be China’s gain in global trade wars?
As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunities. On the basis of Napoleon’s dictum “never interrupt your enemy while they are ...The Guardian - 17h -
Freight orders surge on Trump tariffs trade whipsaw: 'The ships are filling up'
President Trump's decision to offer a 90-day tariffs reprieve hasn't changed uncertainty inside the global supply chain, but it has led to an order surge.CNBC - 17h -
Senators call for probe into possible insider trading over Trump tariff reversal
Two Democrats are seeking answers from the White House about whether Trump administration officials engaged in insider trading amid the tariff rollbacks.ABC News - 17h -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 10h -
How China's exporters are scrambling to mitigate the impact of punishing U.S. tariffs
For China's exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.CNBC - 5h -
Morning Report — Amid tariff uncertainty, Trump notches a domestic win
In today’s issue: Global tumult intensified Thursday over President Trump’s tariffs and the possibility of deepening trade wars and a recession, but the president got an early win in the battle ...The Hill - 1h -
China Raises Tariffs on U.S. Imports to 125%, Calling Trump’s Policies a ‘Joke’
Beijing’s retaliation came after the White House ratcheted up its tariff on Chinese goods to 125 percent, on top of an existing 20 percent tax.The New York Times - 31m -
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.The New York Times - 41m -
‘Still way too much chaos in economy’ despite Trump’s pause on some tariffs: Democratic senator
Sen. Gary Peters (D-Mich.) said it was the right decision for President Trump to “push the pause button” on tariffs but the decision to rollback some tariffs did not “fix the situation” as markets ...NBC News - 15h -
China raises tariffs on US goods from 84% to 125%, finance ministry says – business live
China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs . US stocks fall again after rally following Trump’s shock retreat on tariffs Life in Shanghai, ...The Guardian - 3h -
Trump tariffs live updates: China hikes rate to 125%, says no market for US goods
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.ABC News - 51m -
Tariffs Will Make Electronics More Expensive. If You Need a New Gadget, ‘Buy It Now’
A 125 percent tariff on imports from China will likely see rising prices on smartphones and laptops in the coming months.Wired - 2d -
Watch: Trump trade rep, congressman have fiery exchange over tariff pause
As President Trump announced a pause to his tariffs, his trade representative, Jamieson Greer, was in the middle of testifying at a House hearingCBS News - 20h -
Trump tariffs mean higher prices, big losses for Amazon sellers that source from China
Trump's tariffs are poised to raise prices on Amazon and devastate small businesses that source products from China, sellers told CNBC.CNBC - 17h -
Trump's sweeping new tariffs in effect, including 104% on China
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.CBS News - 2d -
How much could Trump's tariffs hike the price of your wine and whisky?
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.CBS News - 2d -
Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.The New York Times - 1d -
Trump ignites ‘insider trading’ accusations after global tariffs U-turn
US president posted it was ‘a great time to buy’ on social media just hours before pausing tariff impositions. Business live – latest updates Donald Trump is facing accusations of market ...The Guardian - 1d -
What’s behind Trump’s decision to hit pause on some of his tariffs?
With rattled markets and fears of a recession, President Donald Trump was facing intensifying pressure from Republican senators, CEOs, investors and Elon Musk over his global tariffs. NBC’s Peter ...NBC News - 1d -
China Says Shoppers Will Offset Trump Tariffs, But Doubts Remain
If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade war.The New York Times - 1d -
Trump pauses tariffs: What happens after 90-day reprieve?
President Donald Trump hit pause on some of his global tariffs, sending stocks surging on Wednesday but what happens after the 90-day reprieve? CNBC’s Andrew Ross Sorkin joins TODAY to weigh in on ...NBC News - 1d -
With uncertainty over tariffs, should you do holiday shopping now?
With a lot of uncertainty surrounding President Donald Trump’s tariffs and trade war, experts are predicting higher prices on everything from toys to electronics and decorations. NBC’s Brian Cheung ...NBC News - 1d -
How Trump’s Auto Tariffs Are Landing in an English Car Making Town
President Trump’s auto tariffs remain in place even after he paused many other levies. In Solihull, where Jaguar Land Rover employs 9,000 people and has suspended exports to the United States, ...The New York Times - 22h -
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
Most Republicans welcomed the unexpected three-month pause on several of President Trump’s tariffs, but some want more clarity about the president’s end game and more power for Congress over trade.The New York Times - 21h -
Trump’s tariffs on China could be felt by consumers ‘within weeks’
NBC Senior Business Correspondent Christine Romans explains how soon consumers could feel the impact of President Trump’s tariffs. CNBC Senior Economics reporter Steve Liesman says Wall Street ...NBC News - 15h