Breaking Down Possible Ripple Effects of Trump Tariffs on Consumers
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The Memo: Trump’s turbulent tariff moves pose risks with voters
President Trump eased his newest tariffs on Wednesday after two days during which those levies roiled financial markets. But the latest tweak only adds to the uncertainty over what Trump’s ...The Hill - 22h -
Majority say US, not other countries, will feel brunt of Trump tariffs: Poll
A majority of Americans in a new poll said that the U.S. and not other countries will feel the brunt of President Trump’s tariffs. When asked about “the cost of tariffs on foreign products imported ...The Hill - 21h -
Trump gives automakers one-month reprieve from tariffs
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, the White House announced. Weijia Jiang has more.CBS News - 20h -
Trump hands carmakers 1-month reprieve from tariffs
Carve-out applies to companies operating through US-Mexico-Canada trade pactFinancial Times - 19h -
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.The New York Times - 18h -
Carmakers win reprieve from Trump's tariffs on Canada and Mexico
Trump says he will exempt cars from the new import taxes, while continuing his criticism of Canada.BBC News - 13h -
Swiss industrial giant says Trump tariffs will create ‘inflationary environment’
Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023Financial Times - 10h -
Trump announces 1-month tariff exemption to U.S. automakers
The Trump administration says it is issuing a one-month exemption from tariffs on cars coming from Mexico and Canada, giving relief to the largest U.S. automakers. CBS News correspondent Natalie ...CBS News - 8h -
Trump pauses tariffs on cars after pushback from big 3 automakers
The Trump administration announced a 1-month pause on the 25% tariffs for vehicles and auto parts coming from Mexico and Canada. The reprieve comes after pushback from the big three automakers, ...NBC News - 9h -
TSMC plays its hand in Donald Trump’s tariff war
The Taiwanese chipmaker’s attempt to keep the US president on side is not without risksFinancial Times - 8h -
Canadians protest imports of US toxic waste amid Trump tariff war
Move to expand landfill for US hazardous waste stirs disputes between leaders in Quebec and Montreal suburb. The proposed expansion of a Quebec landfill that accepts hazardous waste from the ...The Guardian - 6h -
Trump likely to make more exemptions from Canada, Mexico tariffs: Lutnick
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said ...The Hill - 5h -
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
Automakers got a reprieve from Trump’s tariffs, and may use this time to build up inventories.MarketWatch - 4h -
Trump says Mexico will not be required to pay tariffs items in USMCA agreement
President Trump posted on social media that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement until early April.NBC News - 5h -
With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier
After President Claudia Sheinbaum of Mexico spoke with President Trump about his 25 percent tariff on exports from her country, he announced he would delay it until April 2.The New York Times - 3h -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Goods trading under the rules of the North American trade pact, or most products, would be exempt from tariffs, the president said. The levies have caused stock markets to sink.The New York Times - 1h -
Trump announces some Mexico tariffs pause after Sheinbaum conversation
President Trump says he spoke to Mexican President Claudia Sheinbaum and has decided to pause some tariffs until April. CBS News contributor Javier David has more on the tariffs and their effects.CBS News - 3h -
President Trump pauses Mexico and Canada tariffs until April 2
President Trump on Thursday said he is pausing 25% tariffs on U.S. imports from Mexico and Canada.CBS News - 25m -
Trump signs tariff exemptions for certain imports from Canada, Mexico
President Trump on Thursday signed off on tariff exemptions for imports from Canada and Mexico that are covered under a 2020 North American trade agreement, marking the latest reversal of duties ...The Hill - 1h -
Trump delays tariffs on many products from Mexico and Canada
US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports. US politics live Donald Trump pulled back from his trade war with ...The Guardian - 1h -
Stocks Tumble as Trump Pauses Mexico and Canada Tariffs Again
The S&P 500 is on course for its worst week since a banking crisis two years ago. The Nasdaq fell into a correction on Thursday.The New York Times - 8m -
‘We’re ready’: Frank McCourt on possibility of buying TikTok
McCourt's Project Liberty advocacy group submitted a bid to buy the U.S. assets of TikTok in early January.The Hill - Feb. 21 -
Consumers turn to renting chickens as egg prices soar
As the bird flu outbreak impacts egg shortages and prices, some people are turning to renting or buying backyard chickens.CBS News - Feb. 21 -
‘Religious Motivation’ Possible in Berlin Stabbing, Police Say
The suspect, a Syrian refugee, told the police that a plan had come into his mind to kill Jews. The attack raises tensions just before an election in which immigration is a big issue.The New York Times - Feb. 23 -
Oscars 2025: The quirks, record breakers and possible winners
When was the last time two musicals were up for best picture? And could Adrien Brody break a record?BBC News - Feb. 25 -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
Pope’s Illness Is Surrounded by Intrigue Over Possible Resignation
A secret meeting, and echoes of Benedict’s exit, have heightened talk that Francis could resign, too. But the possibility is anyone’s guess.The New York Times - Feb. 26 -
Possible remains found in search for serial killer's victims
Police and the medical examiner are now investigating and seeking to identify the remains as those of Morgan Harris and Marcedes Myran.CBS News - Feb. 27 -
What possible compounded semaglutide ban means for patients
The FDA declared the shortage of Novo Nordisk's weight-loss drugs over, giving compounders until May to stop making alternatives. An industry group representing compounders is suing. Dr. Angela ...CBS News - Feb. 27 -
Sources: Giants talk possible addition of Rodgers
The Giants are including Aaron Rodgers in their search for a veteran quarterback, sources told ESPN's Adam Schefter.ESPN - 5d -
Chipotle praised for ‘quality and size’ as it faces a ‘choppier’ consumer
Chipotle Mexican Grill’s stock rose Monday after the restaurant chain picked up a fresh upgrade from Morgan Stanley and the company’s chief executive reiterated comments about managing the impact ...MarketWatch - 3d -
The U.S. dollar is sending an alarming signal to investors and consumers
Global stocks struggled on Tuesday as President Donald Trump’s latest batch of tariffs took effect, targeting Canada, Mexico and China. But even more troubling, according to some, was the reaction ...MarketWatch - 2d -
Madrid’s best — and possibly biggest — croquetas? Try Rocablanca’s
The Spanish staple is the star at a family-run local whose history mirrors its colourful neighbourhood’s ownFinancial Times - 1d -
Louisiana student's death investigated as possible fraternity hazing
Caleb Wilson was a junior at Southern University and A&M College and a member of the school's famed marching band.CBS News - 7h -
The stock market is trying to break out — but the bulls can’t catch a break
S&P 500 is stuck in a trading range.MarketWatch - Feb. 22 -
"Weathering" and its effect on poor health and life expectancy
Arline Geronimus' research shows how societal pressures like institutional racism, classism, financial stressors or the environmental can impact not just the length of life, but also the quality of ...CBS News - Feb. 23