Latest in Trump Tariffs Economic
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Trump pledges to match EU and Canada's retaliatory tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - Mar. 12 -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - Mar. 13 -
Trump announces 25% tariffs on automobiles brought into the U.S.
President Donald Trump announced he will impose a 25% tariff on all automobiles coming into the U.S. that will go into effect April 2nd.NBC News - 1d -
Trump announces 25% tariffs on foreign-made cars
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.CBS News - 22h -
Trump announces 25% tariffs on foreign-made cars
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.CBS News - 22h -
Trump announces 25% tariffs on foreign-made cars
President Trump on Wednesday said he is imposing a 25% tariff on automobiles not manufactured in the U.S.CBS News - 22h -
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.The New York Times - 4h -
Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.The New York Times - 4h -
How will Trump's auto tariffs affect car prices?
President Trump's auto tariffs are expected to lead to higher car prices, but they could also make repairs more costly.The Hill - 1h -
How will Trump's auto tariffs affect car prices?
President Trump's auto tariffs are expected to lead to higher car prices, but they could also make repairs more costly.The Hill - 1h -
How Canadians are reacting to Trump's tariffs
In a country known for its politeness, there is growing outrage in Canada over President Donald Trump’s steel and aluminum tariffs. Social media has erupted with calls to buy Canadian and boycott ...NBC News - Mar. 13 -
Trump tariffs complicate Fed outlook
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed sees inflation threat in Trump tariffs Federal Reserve Chair Jerome Powell ...The Hill - Mar. 19 -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - Mar. 9 -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - Mar. 10 -
The Guardian view on US-Europe relations: Britain is coming to a fork in the road | Editorial
For now Keir Starmer can say there is a middle way, but Donald Trump will soon force Britain to pick a side. No country can avoid the economic impact of Donald Trump’s aggressive trade policy. ...The Guardian - Mar. 12 -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - Mar. 13 -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 13 -
Trump tariffs 'grossly exaggerated': Former Target executive
Former Target executive Gerald Storch said in an interview Tuesday the effect of President Trump’s tariffs are “grossly exaggerated." “I think this whole thing with the tariffs is grossly ...The Hill - 1d -
5 questions about Trump's auto tariffs
President Trump escalated his trade war with partners when he announced this week he would impose a 25-percent tariff on foreign vehicles and automobile parts. The president argued that tariffs ...The Hill - 16h -
5 questions about Trump's auto tariffs
President Trump escalated his trade war with partners when he announced this week he would impose a 25-percent tariff on foreign vehicles and automobile parts. The president argued that tariffs ...The Hill - 16h -
The team behind Trump’s economic shock therapy
The US president’s officials are standing by their strategy to remake the world’s largest economyFinancial Times - Mar. 12 -
The Trump team administering economic shock therapy
Also in today’s newsletter, government spending hit a record high last monthFinancial Times - Mar. 13 -
Trump announces 25% tariffs on all cars 'not made in the United States'
Trump had hinted that the auto tariffs could arrive prior to April 2, the day his sweeping "reciprocal tariff" plan is set to begin.CNBC - 1d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - Mar. 8 -
Trump Administration to Confront Countries With New Tariff ‘Number’
Treasury Secretary Scott Bessent provided new details into how President Trump will roll out a sweeping and elusive tariff measure planned for April 2.The New York Times - Mar. 18 -
Trump says 'there'll be flexibility' on reciprocal tariffs
President Donald Trump has issued a flurry of tariff announcements since retaking the White House, fanning investor uncertainty and fears of a major trade war.CNBC - 6d -
Republicans worry Trump's tariffs could harm economy
Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...The Hill - Mar. 10 -
CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
Aiming to boost the economy, U.S. President Donald Trump is firing off a salvo of policies and causing collateral damage within the country’s own borders.CNBC - Mar. 11 -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - Mar. 12 -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - Mar. 13 -
Mar 27: CBS News 24/7, 10am ET
President Trump threatens to raise tariffs on the European Union and Canada if they work together to do economic harm to the U.S.; North Carolina rebuilds six months after Hurricane Helene ...CBS News - 19h -
Mar 27: CBS News 24/7, 10am ET
President Trump threatens to raise tariffs on the European Union and Canada if they work together to do economic harm to the U.S.; North Carolina rebuilds six months after Hurricane Helene ...CBS News - 13h -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - Mar. 16 -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - Mar. 13 -
Trump says he's doubling tariffs on Canadian steel and aluminum to 50%
President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.CBS News - Mar. 11 -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - Mar. 11 -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - Mar. 14 -
Elon Musk's carmaker Tesla raises concern over Trump tariffs
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.BBC News - Mar. 14 -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - Mar. 18 -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 5d