Latest in Tariffs Step
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How an errant headline about a tariffs 'pause' briefly sent stocks soaring
An unfounded claim that President Donald Trump was considering pausing the implementation of sizable tariffs briefly sent U.S. stocks skyrocketing on Monday, an indication of just how volatile the ...NBC News - 2d -
China accuses US of unilateralism, protectionism and economic bullying with tariffs
China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete ...ABC News - 2d -
American readers worry tariffs will turn the page on affordable reading
President Donald Trump’s tariffs have some of the internet’s most voracious readers worried: the price of books and access to them could be changed significantly.NBC News - 2d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 2d -
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, defended President Trump’s tariffs, but the Treasury secretary said the U.S. might be ready to negotiate.The New York Times - 2d -
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.The New York Times - 2d -
Markets endure another roller-coaster day with tariffs set to kick in
Global stocks on Tuesday clawed back a fraction of their enormous recent losses, with the turmoil from Trump's global tariffs last week calming in markets.NBC News - 1d -
Kevin O'Leary presses Trump on EU tariff deal: 'Huge opportunity'
“Shark Tank” investor Kevin O’Leary is urging President Trump to agree to a "zero-for-zero" tariff deal proposed by the European Union, billing it as a “huge opportunity” that will lead to a ...The Hill - 1d -
Bessent: Tariff negotiations result of 'massive inflow' of calls, not markets
Treasury Sec. Scott Bessent said on Tuesday that President Trump’s apparent willingness to engage in tariff negotiations is a result of a “massive inflow” of calls from countries, not the downturn ...The Hill - 1d -
Treasury secretary looks to soothe Republican lawmakers on tariff drama
Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to soothe GOP concerns about the sweeping tariffs that President Trump ...The Hill - 1d -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 1d -
Trump tariffs could have "devastating impact," small businesses say
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."CBS News - 1d -
Trump says he will announce tariffs on pharmaceuticals 'very shortly'
During the National Republican Congressional Committee dinner in Washington, D.C., President Trump said that his administration would "very shortly" announce tariffs on pharmaceuticals.NBC News - 1d -
Trump's sweeping global tariffs snap into effect, ushering in a new era of disruption
President Donald Trump’s unprecedented tariffs on global imports into the United States take effect Wednesday, reshuffling a global economic order that has largely stood for generations.NBC News - 1d -
Wilbur Ross: Tariffs are ‘typical Trump’ high-risk, high-reward play
As the White House presses ahead with sweeping tariffs on dozens of nations that could upend the global economy, President Trump's former Commerce secretary sees it as “typical Trump.” “This is ...The Hill - 18h -
House Democrats warn Trump tariffs could devastate medical supply chains
With President Trump's latest tariffs underway, a group of House Democrats are calling on the administration to try to protect medical supply chains from the "devastating consequences" the mounting ...The Hill - 16h -
Trump’s Tariffs Will Pummel Asia. But One Country Sees Opportunity.
Factory-led economies are panicking about the steep new tariffs. Not the Philippines, which believes its role as a manufacturing alternative to China can expand.The New York Times - 16h -
Five books to boost your understanding of tariffs and trade wars
As tariffs escalate, FT specialists recommend titles that explain the forces and ideas shaping trade policy in recent decades, including President Trump’s trade warFinancial Times - 15h -
House GOP moves to prevent votes on rescinding Trump tariffs
House Republicans are exhausting all legislative tools to prevent future votes on repealing Donald Trump's tariffs -- doubling down on their support for his policies.ABC News - 10h -
Canada's 25% auto tariffs are in effect. Here's how they differ from the U.S.
Canada's 25% auto tariffs took effect Wednesday, but the new levies differ in many ways from those implemented last week by President Donald Trump.CNBC - 10h -
Healthy Returns: Trump says major pharmaceutical tariffs coming ‘very shortly’
Trump doubled down on plans to soon impose "major" pharmaceutical tariffs, while early stage startups dominated digital health funding deals in first quarter.CNBC - 11h -
72 percent think Trump tariffs will hurt economy in short term: Survey
A large majority of Americans think that President Trump’s sweeping tariffs will end up hurting the U.S. economy in the short-term, according to a new survey that was released on Wednesday. The ...The Hill - 9h -
As Trump’s Sweeping Tariffs Kick in, Officials Signal Openness to Talks
President Trump’s next round of tariffs on major trading partners went into effect just after midnight, bringing levies on China to at least 104 percent.The New York Times - 9h -
Trump changes tune as his billionaire supporters push back against tariffs
Hedge fund honcho Bill Ackman has joined a growing list of President Donald Trump's billionaire backers calling for the White House to slam the brakes on tariffs.ABC News - 9h -
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 - 9h -
Luxury Fashion Brands Are ‘Biting Their Nails’ Over EU Tariffs
As tariffs on the European Union take effect, luxury goods makers are “biting their nails” over their treasured “Made in France” or “Made in Italy” products.The New York Times - 9h -
Watch: Why US markets skyrocketed after Trump tariffs pause
The S&P 500 index soared 9.5% in the biggest one-day rally since 2008, following days of turmoil sparked by the tariffs.BBC News - 7h -
Modelo owner Constellation Brands outlook disappoints as tariffs weigh on forecast
Modelo and Corona owner Constellation Brands beat quarterly earnings and revenue estimates, but its outlook took a hit from U.S. tariffs on most of its beer.CNBC - 7h -
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 - 6h -
Trump explains dramatic reversal on tariffs: People getting 'a little bit afraid'
After days of market volatility plus increasing anxiety from business leaders and Republicans, President Trump changed course on his long-promised "reciprocal" tariffs.ABC News - 5h -
Jim Cramer shares 4 lessons learned from Trump tariff turmoil
As stocks cheered President Trump's tariff pause on Wednesday, CNBC's Jim Cramer shared four lessons from the past week of market action.CNBC - 5h -
Stock market soars after Trump announces pause latest tariffs
The S&P 500, Dow and Nasdaq surged after President Trump said he was freezing his "reciprocal tariffs" for 90 days.CBS News - 4h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 3d -
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live
US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’. Trump threatens additional 50% tariffs on China over retaliatory levies Volatility grips ...The Guardian - 2d -
Trump’s tariffs are ‘teeing up a nationwide recession’, says Chuck Schumer – US politics live
House democratic leaders also condemn tariffs as group backed by Trump allies mount legal challenge to stop tariffs. EU ministers are in Luxembourg to consider the European Union ’s response to ...The Guardian - 2d -
Trump issues 90-day tariff pause on most countries, keeps hike for China at 125%
President Trump announced a 90-day pause or reduction in tariffs on imports from more than 75 countries, excluding China. Tariffs on Chinese goods will rise to 125%. Markets reacted positively to ...NBC News - 10h -
Switch 2 Price Remains In Limbo As New Tariffs Reduced And Paused, With One Major Exception
In the wake of a crumbling global market, US President Donald Trump announced today that he is scaling back his original tariff plan, lowering tariffs significantly basically everywhere except ...GameSpot - 11h -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 4d