Latest in Universal Tariffs
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Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 3d -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 3d -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 3d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 3d -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 3d -
In Canada’s Auto City, Tariffs Have Already Caused a Shutdown
Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.The New York Times - 2d -
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.Los Angeles Times - 2d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 1d -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 1d -
Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'
Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.CNBC - 19h -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 18h -
Dow Jones ticker: Markets plunge in response to Trump tariffs
Watch a live ticker of the Dow Jones Industrial Average as U.S. stocks plunge in response to President Donald Trump's aggressive global tariffs.NBC News - 18h -
How an errant headline about a tariffs 'pause' briefly sent stocks soaring
An unfounded claim that President Donald Trump was considering pausing the implementation of sizable tariffs briefly sent U.S. stocks skyrocketing on Monday, an indication of just how volatile the ...NBC News - 14h -
China accuses US of unilateralism, protectionism and economic bullying with tariffs
China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete ...ABC News - 16h -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 14h -
American readers worry tariffs will turn the page on affordable reading
President Donald Trump’s tariffs have some of the internet’s most voracious readers worried: the price of books and access to them could be changed significantly.NBC News - 12h -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 12h -
What Trump has said about tariffs as stock market reacts
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."CBS News - 8h -
After Navarro Defends Tariffs, Bessent Says Trump Is Ready to Negotiate
Peter Navarro, a senior White House trade adviser, defended President Trump’s tariffs, but the Treasury secretary said the U.S. might be ready to negotiate.The New York Times - 9h -
Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.The New York Times - 9h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 1d -
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live
US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’. Trump threatens additional 50% tariffs on China over retaliatory levies Volatility grips ...The Guardian - 11h -
Trump’s tariffs are ‘teeing up a nationwide recession’, says Chuck Schumer – US politics live
House democratic leaders also condemn tariffs as group backed by Trump allies mount legal challenge to stop tariffs. EU ministers are in Luxembourg to consider the European Union ’s response to ...The Guardian - 9h -
China says it will ‘fight to the end’ after Trump threatens additional 50% tariffs – business live
Beijing says US threat to escalate tariffs against China is a ‘mistake on top of a mistake’ and amounts to blackmail. Trump threatens additional 50% tariffs on China over retaliatory levies ...The Guardian - 2h -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 2d -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.CNBC - 18h -
Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
UBS sees iPhone prices going up, a concern that is shared by investors and customers due to President Trump's tariffs.CNBC - 11h -
Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer'
Kimbal Musk, the brother of the world's wealthiest person, took to X on Monday to criticize President Donald Trump's tariffs.CNBC - 11h -
Vietnam has been a big beneficiary of global trade — Trump's new tariffs threaten to derail that
Trump's aggressive tariffs are threatening to derail Vietnam's ambitious growth target as diplomatic overtures to Washington are unlikely to shift policy.CNBC - 57m -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 3d -
After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up
The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.The New York Times - 2d -
Trump: Trade deficit with China must be resolved before deal on tariffs
President Trump said the trade deficit between the U.S. and China must be resolved before he is willing to negotiate a deal regarding the tariffs he placed on Beijing. “When you look at the trade ...The Hill - 19h -
Trump calls his tariffs a ‘beautiful thing to behold’ amid stock selloffs
Facing mounting pressure over the economy, President Donald Trump is not backing down, calling his global tariffs a “beautiful thing to behold” and arguing he’s fulfilling a campaign promise to ...NBC News - 20h -
Why some business leaders are ‘afraid’ to speak out against tariffs
CNBC’s Andrew Ross Sorkin joins TODAY to discuss the economic uncertainty around President Donald Trump’s global tariffs and why some business leaders are “afraid” to speak out right now over fears ...NBC News - 19h -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 19h -
A charming Nintendo Switch 2 enters the Trump tariff crosshairs
The Nintendo Switch 2 delivers a bigger screen, more processing power and, as a test drive proves, signature Nintendo charms. But how will Trump tariffs affect one of 2025's biggest consumer ...Los Angeles Times - 18h -
EU 'ready to negotiate' on Trump tariffs, von der Leyen says
The European Union is “ready to negotiate” with the United States after President Trump issued sweeping tariffs last week, European Commission President Ursula von der Leyen said at a press ...The Hill - 14h -
2 Senate Republicans urge Trump to take EU tariff deal
A pair of Senate Republicans on Monday urged President Trump to accept the European Union’s offer of “zero-for-zero tariffs” on cars and industrial goods amid the administration's growing trade ...The Hill - 13h -
Volatility grips global stock markets as Trump insists on tariff ‘medicine’
Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second week. Trump threatens additional 50% tariffs on China over retaliatory levies Which ...The Guardian - 11h -
Thune: Bill to curb Trump’s tariff power doesn’t have a future
Senate Majority Leader John Thune (R-S.D.) says that a bipartisan bill to curb President Trump’s tariff power backed by seven Republican senators doesn’t have a future in Congress because Trump has ...The Hill - 11h