Latest in Toward Sweeping Tariffs
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Mexico extradites 29 drug cartel members to U.S. for trial as Trump tariffs loom
Canada and Mexico are trying to get the United States not to follow through on a promise by President Trump to impose tariffs of 25% on imported goods.CNBC - 4d -
Wall Street stocks steady at end of volatile month despite Trump tariff threats
S&P 500 rises 1.6% to trim February’s lossesFinancial Times - 4d -
US tariffs on Canada and Mexico coming Tuesday but may not be 25%, commerce chief says
‘That is a fluid situation,’ Howard Lutnick says in first indication that administration may not impose full tariffs. Donald Trump ’s commerce secretary, Howard Lutnick, said on Sunday that US ...The Guardian - 2d -
China likely to target US agriculture, state media reports, as Trump tariff deadline nears
Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on Tuesday. China is preparing countermeasures against fresh US import ...The Guardian - 1d -
Trump says 25% tariffs on Canada and Mexico still set to take effect tomorrow
Ukrainian President Volodymyr Zelenskyy said yesterday that he believes he will be able to salvage his relationship with the United States after President Donald Trump and Vice President JD Vance ...NBC News - 1d -
Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’
The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...MarketWatch - 1d -
Here’s what the U.S. exports to Canada and Mexico, as those countries threaten retaliatory tariffs
If the Trump administration follows through on its threat to impose new tariffs on imports from Canada and Mexico, America’s neighbors are expected to hit back with their own taxes on U.S. imports. ...MarketWatch - 1d -
Warren Buffett calls Trump's tariffs a tax on goods, says 'the tooth fairy doesn't pay 'em'
"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.CNBC - 1d -
Here’s what Warren Buffett thinks of Trump’s tariffs: ‘Over time, they are a tax on goods.’
Billionaire investor Warren Buffett likened tariffs to an “act of war” and said that over time they will act as a tax on goods.MarketWatch - 1d -
Stocks kick off March with biggest drop in months as Trump tariffs rattle market
U.S. stocks endured another serious setback on Monday as what one trader described as a tariff “tape bomb” from President Trump caused the S&P 500 to tally its biggest daily drop in months.MarketWatch - 1d -
Trump dashes hopes for last-minute Canada and Mexico deal ahead of 25% tariffs
The president discussed tariffs during a White House event touting a $100 billion investment in the U.S. by Taiwan Semiconductor Manufacturing.CNBC - 23h -
Canada will respond to Trump tariffs ‘like they’ve never seen before,’ says Ontario premier
President Trump dashed hopes for a last-minute deal that would avoid 25% tariffs being imposed on Canada and Mexico. Ontario Premier Doug Ford discusses what actions Canada may be willing to take ...NBC News - 1d -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 22h -
Trump administration briefing: Vance defends US position on Ukraine; tariffs hit Canada, Mexico and China
China and Canada retaliate after tariffs come into effect – key US politics stories from Monday at a glance. Donald Trump has paused military aid to Ukraine following his clash with the country’s ...The Guardian - 19h -
China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10
China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. companies.CNBC - 16h -
Asian tech stocks fall as Trump doubles down on tariffs, keeping investors on edge
Asian tech stocks were also under pressure from the 8.69% fall in artificial intelligence darling Nvidia's shares overnight.CNBC - 16h -
How Does Warren Buffett Think Tariffs Will Affect the U.S. Economy? He Just Called Them an ‘Act of War’
President Trump says tariffs on Canada and Mexico will begin Tuesday. Here’s what Warren Buffett thinks of the idea.Inc. - 11h -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 8h -
Trump puts tariffs on thousands of goods from Canada and Mexico, risking higher prices
President Donald Trump has moved forward with a plan to put sweeping tariffs on all goods coming into the United States from Canada and Mexico, threatening a trade war with its closest trading ...NBC News - 9h -
What to know about Trump's new tariffs, pause on Ukraine aid before congressional address
President Trump will address a joint session of Congress Tuesday night after his long-anticipated tariffs against Canada, Mexico and China went into effect Tuesday morning. Mr. Trump has also put a ...CBS News - 9h -
President Trump to address Congress as new tariffs take effect on Mexico, Canada and China
President Trump will lay out his priorities during an annual address to Congress Tuesday night. Mr. Trump will also talk about what he's already done, including massive cuts to the federal ...CBS News - 8h -
Tariffs can help US workers. But Trump’s doing them all wrong | Dustin Guastella
Trump’s levies won’t bring factories home. But combined with infrastructure investment, protectionism can be a progressive boon. In the run-up to the 2024 election, a lot of people were ringing ...The Guardian - 8h -
Tariffs will wipe out all profits for Detroit's Big Three if they don't raise prices, estimates Barclays
U.S. President Donald Trump’s recent levies could eradicate the profits of “Big Three” automakers General Motors, Ford and Stellantis, according to Barclays.NBC News - 6h -
'Tariff taskforce': Pharma firms scramble to prepare even as Trump levies risk flouting WTO rules
Europe's pharmaceutical firms are rushing to prepare for the potential fallout of U.S. import duties, even as analysts warn that levies on the sector could break global trade rules.CNBC - 6h -
Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says
Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.CNBC - 6h -
China announces their own retaliatory tariffs after Trump increases levies against Beijing
China has announced retaliatory tariffs against U.S. food imports in response to President Trump's increased levies on Chinese goods. CBS News foreign correspondent Anna Coren has more.CBS News - 6h -
Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 6h -
Nasdaq flirted with correction as tariff-induced stock-market selloff continues. Watch these levels.
The tech-heavy Nasdaq Composite flirted with correction territory — defined as a drop of 10% from a recent high — on Tuesday, before trimming losses.MarketWatch - 3h -
Refiners' trade group: Tariffs won't make US energy secure, lower consumer costs
A refiners’ trade group knocked President Trump for his 25 percent tariffs on Canada and Mexico, both neighboring nations known for having the largest bilateral free trade agreements with the ...The Hill - 2h -
Best Buy CEO says tariffs make price increases for Americans highly likely
Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 yearsMarketWatch - 2h -
Trump's Mexico, Canada tariffs are 'clearly' going to cause inflation, says shipping giant Maersk
There will 'clearly' be an inflationary impact from President Trump's tariffs on Mexico, Canada and China, according to shipping giant Maersk.CNBC - 1h -
Live updates: Trump to address Congress as Canada, Mexico lash out over tariffs
President Trump will address Congress Tuesday night against the backdrop of newly levied tariffs on the nation's closest trading partners, Canada and Mexico. The leaders of both nations had sharp ...The Hill - 1h -
Trump Still Considering Tariffs on Taiwanese Chips, Despite $100 Billion TSMC Deal
Enforcing the tariffs on Taiwan would be difficult, and they wouldn’t necessarily be enough to meaningfully increase semiconductor manufacturing in the United States, experts told WIRED.Wired - 1h -
Trump tariffs will have ‘winners and losers all across the board’: House Ways & Means Cmte. chair
Chairman of the House Ways and Means Committee, Rep. Jason Smith (R-Mo.) discusses the impact of President Trump’s sweeping tariffs on Canada, China and Mexico ahead of the president's address to a ...NBC News - 47m -
Canada, Mexico tariff deal could be in works, Lutnick suggests. Here’s what markets will watch.
A deal to roll back U.S. tariffs on Canadian and Mexican goods may be in the works, a top Trump administration official suggested Tuesday, as President Donald Trump prepared to give a major address ...MarketWatch - 19m -
Live Updates: Trump’s Tariffs Sets Off Day of Anger, Retaliation and Market Unease
Global markets fell after steep U.S. tariffs on China, Canada and Mexico went into effect, and as the possible ramifications of a global trade war set in.The New York Times - 7m -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22