Latest in Trump Doubles Tariffs
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U.S. imposes new tariffs and wildfires burn in South Carolina: Morning Rundown
U.S. trade war heats up as China, Canada retaliate. Fired NOAA workers warn about ability to forecast hurricanes and tornadoes. The return of the firing squad.NBC News - 2d -
What to know as tariffs go into effect on Mexico, Canada, China
The stock market tumbled Monday after President Donald Trump said tariffs would go into effect for Mexico, Canada and China as planned on Tuesday.ABC News - 2d -
Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead
The retailer ended 2024 with a good holiday season, but warned of uncertainty ahead.The New York Times - 2d -
Eye Opener: Global markets react to new U.S. tariffs
Global markets react to new U.S. tariffs on imports from Mexico, Canada and China as President Trump gets ready to speak to Congress. Also, the Trump administration temporarily suspends all ...CBS News - 2d -
China retaliates against US tariffs - but it also wants to talk
China's latest retaliatory measures against the latest US tariffs are an opening swing, not a direct punch.BBC News - 2d -
Trade tensions heat up as China and Canada retaliate against U.S. tariffs
China and Canada on Tuesday retaliated against newly imposed U.S. tariffs, announcing their own levies on U.S. goods that could further disrupt U.S. trade with its top three trading partners.NBC News - 2d -
Stock markets fall after US tariffs spark trade war fears
Stock markets in the US, Asia and the UK dip after Trump tariffs kicked in and spark retaliation.BBC News - 2d -
Trade war escalates as U.S., Canada and China impose new tariffs
President Trump's 25% tariffs on Canadian and Mexican goods took effect overnight, prompting Canada to retaliate with its own tariffs. Meanwhile, Trump doubled tariffs on Chinese imports to 20%, ...CBS News - 2d -
How new tariffs could impact prices and your wallet
As new tariffs take effect, Americans are watching for potential price increases on everyday goods. CBS News business analyst Jill Schlesinger explains how the tariffs are connected and what they ...CBS News - 2d -
‘Enormous’ hit for automotive sector from tariffs, part maker Forvia predicts
Supplier to key brands projects range of up to €450mn annually in costs from levies on Mexico and CanadaFinancial Times - 2d -
Justin Trudeau delivers remarks as U.S. tariffs take effect
Watch live coverage as Canadian Prime Minister Justin Trudeau delivers remarks on the U.S. tariffs and how Canada will respond to President Trump's policy.NBC News - 2d -
Reeves warns trade war will harm UK’s economy even if it avoids tariffs
Chancellor says growth and inflation will be hit by fallout from global frictionFinancial Times - 2d -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 2d -
New Tariffs May Lead Publishers To Abandon Physical Games, Says Analyst
When Donald Trump was running for reelection in 2024, he constantly spoke about his desire to add tariffs--or import taxes--on America's trading partners and rivals. Now, President Trump has gone ...GameSpot - 1d -
Canada, Mexico tariffs create 'ripple effects' on consumer prices, economist says
Tariffs on the two largest trading partners of the United States are expected to have far-reaching impacts that may be hard to predict.CNBC - 1d -
Markets brace for tariffs on Canada and Mexico to have ‘immediate effects’ on these sectors
“Tariffs are inflationary and can undermine revenue and earnings,” Wells Fargo Investment Institute strategist says.MarketWatch - 1d -
Stocks tumble for second straight day as tariffs take effect
Stocks fell Tuesday amid renewed fears of a wider trade war as tariffs long threatened by the Trump administration came into effect.NBC News - 1d -
How do Americans feel about inflation, tariffs, spending cuts?
President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...CBS News - 1d -
Ontario leader threatens to shut off power to US after tariffs on Canada
President Donald Trump's broad tariffs on imported goods from Mexico and Canada went into effect on Tuesday, along with increased duties on goods from China.ABC News - 1d -
Will TSMC escape tariffs with pledge for $100B in U.S. chip manufacturing plants?
It’s been a whirlwind of news on the tariff front and Taiwan has avoided tariffs for now. But the timing of a $100 billion commitment by TSMC to build chip manufacturing plants in the U.S. may have ...VentureBeat - 1d -
Mullin hits 'governor' Trudeau while defending tariffs against Canada
Sen. Markwayne Mullin (R-Okla.) on Tuesday referred to Canadian Prime Minister Justin Trudeau as “governor,” as the senator defended President Trump’s tariffs against the neighbor to the north. In ...The Hill - 1d -
How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers
Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.The New York Times - 1d -
Campbell’s joins list of consumer companies baffled over specific tariff impacts
Campbell’s said it’s currently too difficult to estimate how tariffs will affect prices and sales.MarketWatch - 1d -
As U.S. Tariffs Become Reality, Canadians Prepare for Economic Pain
An expert in the automotive industry says factories may shut down in days as costs skyrocket and President Trump disrupts decades of economic integration with steep tariffs.The New York Times - 1d -
NHL commissioner says U.S.-Canada tariffs could affect league
NHL Commissioner Gary Bettman said the league could be affected by the trade tensions between the U.S. and Canada.NBC News - 1d -
Americans are racing to prep for tariffs, but many aren’t ready — especially this group
The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans.MarketWatch - 1d -
NHL commissioner says league could be affected by U.S.-Canada tariffs
NHL Commissioner Gary Bettman noted players in both countries are paid in U.S. dollars.CNBC - 22h -
Vance suggests other industries won't get tariff carve-outs
Vice President Vance on Wednesday said that industries other than U.S. automakers have asked for exemptions on tariffs, but suggested that the Trump administration would not extend further carve ...The Hill - 19h -
Border businesses experiencing "uncertainty, chaos" over tariffs, CEO says
Mexico said it will announce retaliatory measures to President Trump's tariffs this Sunday. The U.S. imposed 25% tariffs on both Mexico and Canada on Tuesday, with the exception of the auto ...CBS News - 17h -
Former GOP lawmaker: 'I can't understand the Canadian tariffs'
Former Congressman Ken Buck expressed his confusion over President Trump's seemingly adversarial attitude towards Canada, and warned that the unintended consequences of his tariffs and surge in ...The Hill - 2h -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 1h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.The New York Times - 1h -
US floats new tariff reprieve for Canada-Mexico trade in latest shift
Move would expand one-month carve-out for car imports to include all USMCA-compliant goodsFinancial Times - 43m -
Why Walmart’s warning may have more to do with weight-loss drugs than tariffs
Walmart’s stock fell Thursday as quarterly earnings were expected to decline for the first time in three years, with strength in groceries and GLP-1 drug sales continuing to pressure margins.MarketWatch - Feb. 21 -
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.CNBC - Feb. 21 -
Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.CNBC - Feb. 24 -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - Feb. 24 -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - Feb. 25