Latest in Trump Tariffs Consumers
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Carmakers win reprieve from Trump's tariffs on Canada and Mexico
Trump says he will exempt cars from the new import taxes, while continuing his criticism of Canada.BBC News - 13h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 8h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 10h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 9h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 8h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 6h -
Trump likely to make more exemptions from Canada, Mexico tariffs: Lutnick
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said ...The Hill - 5h -
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 - 4h -
Trump says Mexico will not be required to pay tariffs items in USMCA agreement
President Trump posted on social media that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement until early April.NBC News - 5h -
With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier
After President Claudia Sheinbaum of Mexico spoke with President Trump about his 25 percent tariff on exports from her country, he announced he would delay it until April 2.The New York Times - 3h -
Trump announces some Mexico tariffs pause after Sheinbaum conversation
President Trump says he spoke to Mexican President Claudia Sheinbaum and has decided to pause some tariffs until April. CBS News contributor Javier David has more on the tariffs and their effects.CBS News - 3h -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Goods trading under the rules of the North American trade pact, or most products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.The New York Times - 1h -
President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.CBS News - 26m -
Trump signs tariff exemptions for certain imports from Canada, Mexico
President Trump on Thursday signed off on tariff exemptions for imports from Canada and Mexico that are covered under a 2020 North American trade agreement, marking the latest reversal of duties ...The Hill - 1h -
Trump delays tariffs on many products from Mexico and Canada
US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports. US politics live Donald Trump pulled back from his trade war with ...The Guardian - 1h -
Stocks Tumble as Trump Pauses Mexico and Canada Tariffs Again
The S&P 500 is on course for its worst week since a banking crisis two years ago. The Nasdaq fell into a correction on Thursday.The New York Times - 9m -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - Feb. 21 -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the company’s chief executive reiterated comments about managing the impact ...MarketWatch - 3d -
The U.S. dollar is sending an alarming signal to investors and consumers
Global stocks struggled on Tuesday as President Donald Trump’s latest batch of tariffs took effect, targeting Canada, Mexico and China. But even more troubling, according to some, was the reaction ...MarketWatch - 2d -
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 -
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 -
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 -
Japanese auto sector’s $18bn Mexico bet grows risky under Trump tariff threat
New deals on pause as threatened duties undermine premise for investmentFinancial Times - Feb. 26 -
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 - Feb. 27 -
Trump says Mexico, Canada tariffs will start March 4, plus additional 10% on China
President Donald Trump said his proposed tariffs on Mexico and Canada will go into effect March 4, and that China will be charged an additional 10% tariff.CNBC - Feb. 27 -
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 - Feb. 27 -
Trump Says Canada and Mexico Tariffs Will Start March 4, Plus an Increase on China
The president also said he would impose an additional 10 percent tariff on China as he tries to force other countries to take more action on drug shipments.The New York Times - Feb. 27 -
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 - 6d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 6d -
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 - 6d