Latest in Whammy Tariffs
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Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked
Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.Business - MarketWatch - 4 days ago -
CSX CEO talks tariffs and manufacturing: 'As long as the economy’s growing, we’ll be a part of it'
CSX operates primarily on the East Coast, providing rail and intermodal freight transport services.Business - CNBC - 5 days ago -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - 4 days ago -
Why Trump's tariff proposals have some business owners worried
President-elect Donald Trump campaigned on implementing a blanket tariff of 10% to 20% on all imports, along with an additional 60% or more on goods from China.Top stories - CBS News - 4 days ago -
Trump expands search for Treasury secretary
President-elect’s top economic appointment has kicked off fierce lobbying among loyalistsBusiness - Financial Times - 2 days ago -
This chart shows the tariff threat might be less than feared
Morgan Stanley strategists say that while the U.S. represents 26% of the revenue for the companies in the MSCI Europe, only 6.6% is goods exported to the U.S. from outside.Business - MarketWatch - Yesterday -
Trump tariffs would hurt US defence sector, warns Beijing adviser
Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-electWorld - Financial Times - Yesterday -
How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy
Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.Business - The New York Times - Yesterday -
Stock market ‘finally paying more attention to tariffs’ as a potential headwind
Tariffs have taken the spotlight as a policy issue as S&P 500 companies have discussed earnings with analysts since the U.S. presidential election, with investors awaiting clarity on what global ...Business - MarketWatch - Yesterday -
Trump’s Tariff Plan Prompts European Fears on Growth Rates
Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.Business - Inc. - Yesterday -
Trump's proposed tariffs would raise prices for these products, experts say
“This will directly impact people’s pocketbooks,” one expert said.Top stories - ABC News - Yesterday -
Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets
The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.Business - The New York Times - 12 hours ago -
Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs
Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.Business - MarketWatch - 12 hours ago -
How Trump’s Tax Cuts and Tariffs Could Turn Into Law
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.Business - The New York Times - 12 hours ago -
Cheney keeps up fire on Trump over Jan. 6, bashes tariff policy
Former Rep. Liz Cheney, R-Wyo., a top GOP voice opposing Donald Trump, tore into the former president Tuesday over the Jan. 6, 2021, Capitol riot and his tariff policies.Top stories - ABC News - October 22 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - October 23 -
China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime
China will offer the Taliban tariff-free access to its vast construction, energy and consumer sectors, Beijing’s envoy to Afghanistan said on Thursday.Top stories - NBC News - October 25 -
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - October 30 -
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US election live updates: Harris and Trump hold duelling Pittsburgh rallies in final hours of campaigning
Harris says ‘momentum is on our side’ at Pennsylvania rally while Trump celebrates endorsement from podcaster Joe Rogan. Trump and Harris visit key states in final day of campaigning Don’t miss ...World - The Guardian - November 5 -
Trump vows 25 percent tariff on Mexico unless it cracks down on border crossings
Former President Trump on Monday threatened to impose a tariff of 25 percent on all imports from Mexico, which is the top trade partner with the U.S., unless the Mexican government curbs what he ...Politics - The Hill - November 4