Latest in Trump Trade Wars
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FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - 3d -
The Dollar Just Took a Hit, Thanks to Worries About Trump’s Trade Wars
Treasury Secretary Scott Bessent said over the weekend there were ‘no guarantees’ there will not be a recession in the U.S.Inc. - 8h -
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.ABC News - 3d -
Europe's response to the threat from Trump
Post-war security and trade framework crumbles under new US leadershipFinancial Times - 4d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 5d -
Trump's quest to conquer Canada is confusing everyone
Canadians and Republicans alike are confounded as President Donald Trump increasingly links a trade war to his push to annex Canada.NBC News - 3d -
S&P and Nasdaq close up, Dow closes down after turbulent day amid trade war
An escalating global trade war hammered markets in recent days.ABC News - 5d -
The alcohol trade war has broken out — and is coming for your glass of wine
President Donald Trump on Thursday threatened 200% tariffs on alcoholic products from the European Union, saying the import taxes would come “shortly” unless the E.U. backs down from its plan to ...MarketWatch - 4d -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 5d -
Live Updates: Trade Fight Widens as Europe and Canada Retaliate Against Trump Tariffs
As President Trump’s global tariffs on metals took effect, the European Union and Canada announced billions of dollars in levies on American goods. Economists worried that the trade war could over ...The New York Times - 5d -
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 - 6d -
Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 6d -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 5d -
The U.S.-Canada trade war could signal a shift in economic ties, experts say
The U.S.-Canada trade war could shift economic ties as tariffs rise and tensions grow, raising concerns about future trade stability, experts say.CNBC - 3d -
Watch live: White House holds briefing as fears over economy, trade war mount
White House press secretary Karoline Leavitt will hold a press briefing Tuesday afternoon as President Trump's tariffs and dips in the stock market have raised concerns over the economy. Trump on ...The Hill - 6d -
‘We’re ground zero’: Canada steel town is frontline of Trump’s tariff trade war
Mayor of city ‘with steel in its veins’ says ‘There’s a lot of tension … a lot of worry’ as 25% export levy kicks in. The sprawling ArcelorMittal Dofasco steel plant in Hamilton, Ontario has in ...The Guardian - 3d -
Mark Carney sworn in as Canada's new prime minister amid Trump's trade war
Former central banker Mark Carney has been sworn in as Canada’s new prime ministerABC News - 3d -
Canada to review the purchase of US-made F-35 fighter jets in light of Trump's trade war
A spokesman for Canada's Defense Minister Bill Blair says new Prime Minister Mark Carney has asked for a review of the purchase of America’s F-35 fighter jetABC News - 2d -
Carney visits Macron and Starmer as he seeks alliances amid Trump trade war
Canadian PM stresses importance of ‘reliable allies’ in Paris before travelling to London where he was received by king. Canada is the “most European of the non-European countries”, Mark Carney ...The Guardian - 7h -
Challenged by Trump, Trudeau Rallies Canada as He Leaves Office
After nearly a decade in power, Justin Trudeau steps down on Friday as prime minister amid a trade war and President Trump’s stated desire to annex Canada.The New York Times - 3d -
Canadians are mad as hell and ready for a battle over Trump tariffs
Canada is in a trade war with the U.S. due to Trump's tariffs and lies, and is retaliating by boycotting American goods, which will have a significant impact on the U.S. economy.The Hill - 2d -
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 -
Tesla’s Letter to the Trump Administration, Tariffs and a Market Meltdown
Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.The New York Times - 3d -
Canadians show their displeasure with President Trump
President Trump took aim at dairy and lumber imports from Canada, but the U.S.'s northern neighbor is fighting back. Ed O'Keefe reports on the latest in the tumultuous trade war.CBS News - Mar. 8 -
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A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 6d -
Maxine Waters: Trump is ‘working towards a civil war’
Rep. Maxine Waters (D-Calif.) is accusing President Trump of seeking to start a civil war. The California Democrat, a long-time adversary of Trump, said the early flood of presidential policies — ...The Hill - 3d -
Watch live: Trump addresses business leaders amid economic uncertainty
President Trump will give remarks to a room of business leaders Tuesday evening, as concerns around a possible trade war and the impact of tariffs on the U.S. economy mount. Trump's 25 percent ...The Hill - 6d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - Mar. 8 -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 6d -
Trump's tariffs are keeping some Canadians away from the U.S.
President Trump's tariffs are frustrating Canadians who like to spend their winter in the U.S. This comes as the trade war appears to grow. David Akin, the chief political correspondent for Global ...CBS News - 5d -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 3d -
Canadian reporters grill Rubio over Trump's 51st state talk
Secretary of State Marco Rubio on Friday faced pointed questions from Canadian journalists over the seriousness of President Trump’s calls for Canada to become the 51st state and the trade war with ...The Hill - 3d -
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.
The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.MarketWatch - 4d -
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?
“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”MarketWatch - 4d -
Is a US recession inevitable?
Trump’s on-again, off-again trade war is creating market uncertainty and sending consumer confidence plummetingFinancial Times - 3d -
Consumer sentiment plunges on worries about tariffs and inflation
Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.CBS News - 3d -
Gold price hits $3,000 as trade tensions mount
Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.BBC News - 3d