Latest in Trump's Mexico Tariffs
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Why is Trump's tariff pause for automakers important for consumers, economy?
The White House announced that President Trump would delay tariffs on cars from Mexico and Canada for 30 days. CBS News' Olivia Rinaldi and Caitlin Huey-Burns have the latest on Trump's tariffs.CBS News - 11h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 11h -
Trump grants one-month tariff delay for U.S. automakers
Stocks recorded significant gains Wednesday amid a volatile trading day that largely settled after President Donald Trump granted U.S. automakers a one-month reprieve on new 25% duties imposed on ...NBC News - 12h -
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.The New York Times - 12h -
Trump grants 'Big 3' automakers a one-month delay on tariffs
The White House is giving certain automakers a one-month exemption from tariffs on vehicles from Mexico and Canada. NBC News Business and Data Correspondent Brian Cheung and Progressive Farmer's ...NBC News - 12h -
Trump’s tariffs worry companies. Here’s what they’re saying about the uncertainty.
Companies are assuming tariffs will be a ‘disturbance’ to earnings, but they don’t know how muchMarketWatch - 11h -
The Memo: Trump’s turbulent tariff moves pose risks with voters
President Trump eased his newest tariffs on Wednesday after two days during which those levies roiled financial markets. But the latest tweak only adds to the uncertainty over what Trump’s ...The Hill - 10h -
Majority say US, not other countries, will feel brunt of Trump tariffs: Poll
A majority of Americans in a new poll said that the U.S. and not other countries will feel the brunt of President Trump’s tariffs. When asked about “the cost of tariffs on foreign products imported ...The Hill - 9h -
Trump gives automakers one-month reprieve from tariffs
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.CBS News - 9h -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 7h -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.CNBC - Feb. 20 -
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
Airbus could prioritize deliveries to its non-U.S.NBC News - Feb. 20 -
Consumer confidence dips in Trump's first month as tariff threats drive inflation fears
Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday. Consumer sentiment ...The Hill - Feb. 21 -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs
A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.MarketWatch - Feb. 25 -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - Feb. 25 -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
Trump vows to slap 25% tariffs on EU and claims bloc was ‘formed to screw US’
EU said it will reply ‘firmly and immediately’ to ‘unjustified’ trade barriers, signaling it’s ready to retaliate against levies. Donald Trump has threatened to slap 25% tariffs on the European ...The Guardian - Feb. 26 -
2-year Treasury yield slides to lowest since October on more tariff talk from Trump
U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...MarketWatch - Feb. 26 -
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed "to screw" the U.S.CNBC - Feb. 27 -
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.
The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...MarketWatch - 6d -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 6d -
Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.
Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.MarketWatch - 6d -
Trump praises Starmer’s ‘hard’ lobbying as he again suggests UK will be exempt from US tariffs – live
Trump calls Starmer meeting ‘tremendously productive’ and says ‘we have a very good chance at arriving at a very good deal’. Trump-Starmer visit: the key takeaways European Commission ...The Guardian - 6d -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 6d -
China vows to retaliate as necessary after Trump threatens another 10% tariff hike
China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.CNBC - 5d -
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 - 5d -
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 - 3d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
'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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d