Latest in Tariffs Wildfires
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How do tariffs work?
President Trump has followed through on his threat to place tariffs on goods from Canada and Mexico and he's increased the tariffs already in place against China. CBS News business analyst Jill ...CBS News - 12h -
Revenge of the killer tomato tariffs
President Donald Trump’s tariffs will take their toll on fresh-food prices — and the confidence of the American consumer.MarketWatch - 4h -
Will Trump's tariffs increase inflation?
Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and ...CBS News - 5h -
LA mayor Karen Bass removes fire chief after public rift over wildfire response
Kristen Crowley dismissed after blaming city’s budget cuts, while mayor claimed firefighters weren’t properly deployed. Six weeks after the most destructive wildfire in city history, Los Angeles ...The Guardian - Feb. 21 -
Skate for LA Strong rosters: Justin Bieber, Steve Carrell headline players in benefit for wildfire victims
Hollywood stars and NHL legends will be raising money for LA wildfire victimsCBS Sports - Feb. 22 -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - Feb. 23 -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - Feb. 23 -
A new photo project with work from Sofia Coppola, Jack Antonoff and more raises money for wildfire victims.
The deer look pensive, almost like they know what's coming.Los Angeles Times - 4d -
L.A. fire captain who fought California wildfires to attend joint address to Congress
Palisades and Eaton fire survivors still need help. That's the message California Sen. Alex Padilla hopes to send to Congress next week at President Donald Trump's first joint address.NBC News - 4d -
South Carolina governor declares state of emergency as raging wildfires prompt mass evacuations
A mass of wildfires burning across South Carolina prompted Gov.NBC News - 2d -
Crews from across South Carolina help battle Carolina Forest-area wildfires
Regional and state fire rescue crews on Monday continued to battle the Carolina Forest-area wildfires, according to Horry County Fire Rescue.The Hill - 1d -
Researchers fear toxic ash from the Los Angeles wildfires will impact ocean life
The Southern California wildfires that sparked eight weeks ago killed 29 people, burned 38,000 acres and destroyed thousands of homes, but researchers say the damage to the ocean is just beginning. ...CBS News - 3h -
Former Los Angeles fire chief defends handling of wildfires in city council appeal
At a Los Angeles City Council meeting, former fire chief Kristin Crowley defended her actions during the devastating January wildfires with the hope to regain her position. Mayor Karen Bass demoted ...CBS News - 2h -
Trump tariff threats rattle consumers
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...The Hill - Feb. 21 -
Tariffs are not going to solve America’s ills
Punitive import duties will neither reduce the US trade deficit nor boost employment in manufacturingFinancial Times - 23h -
The Tariffs Are On, and Trump Suspends Ukraine Aid
Plus, women’s rugby gets a boost.The New York Times - 16h -
Understanding Trump's tariffs, in five charts
Learn more about how Trump's proposed tariffs against Mexico, China and Canada could impact trade, shipping, imports, prices and more.NBC News - 16h -
Trump’s Tariffs Hit Stock Markets
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.The New York Times - 15h -
Trudeau: Trump tariffs on Canada ‘dumb’
Canadian Prime Minister Justin Trudeau slammed President Trump’s tariffs on his country, reiterating a message from The Wall Street Journal’s editorial board that the taxation plan was “dumb.” ...The Hill - 11h -
What Trump's tariffs mean for you
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's new tariffs could boost prices, derail stocks Many businesses and market ...The Hill - 4h -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 5d -
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs
This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.Inc. - Feb. 22 -
Australian treasurer seeking tariff exemption in talks with Bessent
Australia’s treasurer, Jim Chalmers, will continue to push for steel and aluminum tariff exemptions in his discussions with Treasury Secretary Scott Bessent this week. Chalmers traveled to ...The Hill - Feb. 24 -
Trump says tariffs on Canada and Mexico are 'on time, on schedule'
During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.NBC News - Feb. 24 -
Trump says tariffs on Canada and Mexico 'will go forward'
President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.CNBC - Feb. 24 -
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine
The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.The New York Times - Feb. 25 -
Trump directs investigation preceding potential copper tariffs
President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...The Hill - Feb. 25 -
Trump Announces Inquiry That Could Lead to Tariffs on Copper
Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.The New York Times - Feb. 25 -
Trump’s tariffs spook consumers weary of inflation
The high spirits that greeted the US president’s election triumph in November have fadedFinancial Times - 6d -
Trump threatens to impose 25% tariffs on EU goods
US president warns levies will target auto sector and be applied ‘generally’Financial Times - 6d -
Trump says 25% tariffs on EU will be announced soon
"The EU was formed to screw the United States," Trump says.BBC News - 5d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 5d -
China tariffs set to take effect in March
Additional tariffs on China are expected to take place in March as President Trump insists on businesses making products in the U.S. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 5d -
FirstFT: Trump says UK could be spared tariffs
Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the USFinancial Times - 4d -
When It Comes to Tariffs, Trump Can’t Have It All
The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.The New York Times - 4d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 4d -
Currency investors grow wary of bets on Trump tariffs
FX volatility expectations fall after traders ‘burned’ trying to react to US president’s trade threatsFinancial Times - 2d -
How Trump’s Tariffs Could Affect American Companies
Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.The New York Times - 2d -
White House set to impose tariffs this week
The White House is expected to impose tariffs on Mexico, Canada and China this week, which some economists say could raise prices for Americans and slow economic growth. Canada and Mexico both said ...CBS News - 2d