Latest in Trump Tariffs Dumb
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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 - 2d -
'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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Watch live: Trump addresses joint session of Congress as tariffs, DOGE and Ukraine fuel uncertainty
Democrats have invited as guests people who lost their federal government jobs in an effort overseen by Elon Musk and his DOGE team.CNBC - 1d -
Trump tells Congress tariffs will be ‘a little disturbance.’ Why it’s more than that, according to economists.
President Donald Trump on Tuesday delivered a State-of-the-Union-style address to Congress, with his remarks coming as the U.S. stock market has dropped on his moves with tariffs.MarketWatch - 1d -
K-pop stocks defy South Korea's political and economic woes — as well as Trump tariff threats
There is one sector that has offered hope to investors this year. One of South Korea's largest cultural exports: K-pop.CNBC - 1d -
Trump says a 'little disturbance' from tariffs is OK, as markets reel from trade war fears
President Donald Trump conceded before a joint session of Congress that his steep new tariffs will cause "a little disturbance."CNBC - 1d -
President Trump touts tariffs, foreign policy as some Democrats walk out of speech to Congress
President Trump recapped actions taken in his first six weeks in office in an address to a joint session of Congress Tuesday. Some Democrats walked out of the president's speech. CBS News' Nancy ...CBS News - 1d -
U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Trump’s tariffs will take their toll on fresh fruit and vegetables — that’s bad news for low-income Americans
Call it the attack of the killer tomato tariffs.MarketWatch - 1d -
Trump doubles down on tariffs in address to Congress; Administration may change GDP calculation
President Trump reinforced his decision to impose tariffs against Mexico, Canada and China during his address to Congress Tuesday night. CBS News business analyst Jill Schlesinger has more on that ...CBS News - 1d -
TJX could steal share from rivals as Trump tariffs kick in, says UBS — here's why
TJX is a high-quality defensive stock that's ideal to own in any economy, but particularly in this uncertain environment, Jim Cramer said.CNBC - 1d -
Ten things you should know about Trump’s tariffs but were afraid to ask
No, Mr President, they are not going to make America rich, great or popularFinancial Times - 1d -
Here's what Trump's tariff barrage could mean for your 401(k) plan
The stock market has swung wildly since President Trump placed 25% tariffs on Canada and Mexico. Here's what to know about your 401(k).CBS News - 22h -
Canadian leader threatens to cut off energy to some U.S. states over Trump's tariffs
The head of the Canadian province of Ontario is threatening to cut off electricity exports to the U.S. CBS News correspondent Shanelle Kaul spoke with Premier Doug Ford on Wednesday.CBS News - 20h -
Canadian stores pull U.S. liquor from shelves as Trump's tariffs take effect
As tariffs set by the Trump administration on Canada and Mexico came into effect on Tuesday, Canadians discovered empty shelves where American liquor products were once stocked.NBC News - 17h -
Trump will delay US tariffs on many products from Canada and Mexico, official says
US president is said to be preparing to temporarily shelve tariffs on many goods from the two countries once again. Donald Trump is poised to pull back from his trade war with Canada and ...The Guardian - 3h -
Trump says most goods from Mexico will be exempt from recent tariffs for one month
President Donald Trump said in a social media post that he will issue an exemption on tariffs for most goods coming into the U.S. from Mexico, after putting in place sweeping 25% tariffs on Tuesday.NBC News - 2h -
Trump says he'll delay tariffs on Mexican products covered by free trade deal
President Trump said Thursday he is delaying for roughly one month tariffs on Mexican imports that are covered under a North American trade agreement signed during his first term. Trump posted on ...The Hill - 2h -
Trump doubles down on claim Trudeau using tariffs as campaign issue before giving Mexico a delay
President Trump doubled down Thursday on his claim that Canadian Prime Minister Justin Trudeau is using the escalating trade war between the two neighbors as a campaign issue, just before giving ...The Hill - 2h -
12:30 Report — White House pauses Trump education order, some tariffs
{beacon} 12:30 REPORT It’s Thursday. My social media feeds have been INUNDATED with Meghan, the Duchess of Sussex’s new Netflix show. People have such strong opinions about her. Have you seen it, ...The Hill - 1h -
Global bonds sell off as investors react to Trump's tariffs and a German 'paradigm shift'
Government borrowing costs rose across the globe on Thursday, although German bond yields came off highs.CNBC - 2h -
Stocks fall even as Trump gives Mexico a one-month reprieve from tariffs
Stocks fell Thursday afternoon as President Donald Trump's pledge to temporarily exempt many Mexican imports from his 25% tariffs failed to deter a wider selloff.NBC News - 14m -
Trump says most goods from Mexico will be exempt from recent tariffs for one month
President Donald Trump said in a social media post that he will issue an exemption on tariffs for most goods coming into the U.S. from Mexico, after putting in place sweeping 25% tariffs on Tuesday.NBC News - 27m -
Trump says he is suspending tariffs on many Mexican goods for one month – US politics live
US president says after speaking to Claudia Scheinbaum anything that falls under the US-Mexico-Canada-Agreement will be exempt from 25% levy. The White House announced that Donald Trump will sign ...The Guardian - 18m -
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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 - 2d -
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 - 2d -
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 -
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 - 6d -
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 - 3d -
Nvidia shares fall 9% on tariff fears
The company's stock price is down 13% since it reported earnings last Wednesday.CNBC - 2d -
Warren Buffett calls tariffs 'an act of war’
Legendary investor Warren Buffett likened tariffs to "an act of war" in a new interview as President Trump doubles down on his embrace of the economic strategy. In an interview that aired Sunday on ...The Hill - 2d -
Tariffs an 'expensive game to play': Powerteam International CEO
Tariffs are going to be an "expensive game to play," Bill Walsh, CEO and founder of Powerteam International, said.The Hill - 2d