Could Soda Beer Prices Rise Amid Aluminum Tariffs
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Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - 5d -
Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.MarketWatch - 1d -
25% tariffs on all steel and aluminum imports to U.S. take effect
President Trump's new 25% tariffs on all steel and aluminum imports have gone into effect after a second straight day of losses across all major U.S. stock markets. CBS News correspondent Natalie ...CBS News - 3d -
EU retaliates as Trump steel, aluminum tariffs take effect
The European Union (EU) retaliated swiftly with a two-step approach in response to President Trump’s fresh 25 percent tariffs on steel and aluminum that took effect Wednesday. First, the European ...The Hill - 3d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 4d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 5d -
Oil ends higher, a day after tariff-induced recession fears pulled prices to 6-month lows
Oil futures finished higher Tuesday, a day after ending at six-month lows as fears of a global economic slowdown from rising trade tensions prompted a global selloff for equities and other assets ...MarketWatch - 3d -
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.The New York Times - 3d -
Justice Department investigating egg pricing allegations, sources say
The Department of Justice is looking into the rising price of eggs based on an advocacy group's allegations of skyrocketing prices, sources say. CBS News' Jake Rosen has more.CBS News - 4d -
Japan struggles to adapt to an era of rising prices
The return of inflation was meant to restore a more ‘normal’ economy. But it has been a bumpy ride for both consumers and companiesFinancial Times - 3d -
Wholesale price measure was flat in February, compared with expected increase
The producer price index was expected to rise 0.3% in February, according to the Dow Jones consensus forecast.CNBC - 1d -
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 - 3d -
DOJ investigating major egg producers amid soaring prices: Sources
The Justice Department is in the early stages of investigating the major egg producers over soaring egg prices, source familiar with the matter told ABC News.ABC News - 6d -
Trump Doubles Tariffs on Canada’s Steel and Aluminum
Small manufacturers in the U.S. will likely be hurt by resulting cost increases. The president is unmoved.Inc. - 3d -
Trump hosting leader of Ireland at White House with trade and Ukraine likely on the agenda
President Trump is hosting the taoiseach of Ireland, Micheál Martin, at the White House on Wednesday amid the European Union's pushback against U.S. tariffs on all steel and aluminum imports. CBS ...CBS News - 2d -
Vaccinating poultry could help cut soaring egg prices but US remains hesitant
Vaccines could be a key means of suppressing bird flu and avoiding the slaughter of millions of chickens, which is blamed for egg prices averaging nearly $5 a dozenABC News - 2d -
Commerce secretary says 25% tariffs on steel and aluminum will go into effect Wednesday
During an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick explains which tariffs will take effect and which have been postponed by President Donald Trump.NBC News - 5d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 5d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 4d -
US port operators turn to automation
Terminals increasingly look to robots amid rising demandFinancial Times - 4d -
Consumer sentiment falls to a 29-month low. Uncertainty rises due to tariffs and Trump tumult.
A burst of optimism after Donald Trump won the presidential election has evaporated. Americans worry about rising inflation due to the president’s tariffs, a new survey shows, and they are put off ...MarketWatch - 22h -
Tariffs could impact longstanding electricity trade between US and Canada
The tariffs the Trump administration is imposing on Canada could disrupt the longstanding trade of electricity between the two countries.ABC News - 3d -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 2d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 1d -
What a government shutdown could mean for you — and the odds it could happen
Optimism for avoiding a shutdown is on the rise — but the clock is ticking.MarketWatch - 4d -
Egg prices are rapidly falling so far in March
Egg prices have become a key pressure point for consumers that are facing the simultaneous headwind of sticky inflation and President Donald Trump's tariffs.CNBC - 1d -
Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - 4d -
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 - 2d -
Trump will not impose 50% Canadian steel, aluminum tariffs tomorrow, says top trade advisor
President Donald Trump also declared that if Canada does not lift other tariffs on the U.S., he will "substantially increase" auto import tariffs next month.CNBC - 3d -
Europe Retaliates Against Trump’s Tariffs as Trade Fight Widens
The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.The New York Times - 1d -
Europe Weighs Peacekeeping Role in Ukraine Amid Trump’s Embrace of Russia
The deeper discussion of a European force comes amid rising anger and dismay over President Trump’s embrace of Russia and abandonment of traditional allies.The New York Times - 3d -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - 2d -
Wholesale prices flat in February PPI report; Trump threatens 200% tariffs on alcohol from EU
The Producer Price Index was flat in February, showing a yearly increase of 3.2%, below economist expectations. CBS News MoneyWatch correspondent Kelly O'Grady has more on the report and President ...CBS News - 1d -
New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact
Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place.MarketWatch - 21h -
Trump's tariffs could push U.S. allies elsewhere — including China and India
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.CNBC - 1d -
February consumer price index report shows slight inflation improvement
New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...NBC News - 2d -
New York support for congestion pricing rises as Trump moves against policy: Poll
Support for New York Gov. Kathy Hochul’s (D) congestion traffic pricing in New York City has ticked up as President Trump moved to revoke the policy, according to a new survey. The Siena College ...The Hill - 4d -
Porsche may hike prices on sports cars if tariffs are implemented
Two of Europe’s leading companies are providing a macroeconomic lesson on tariffs and the conditions for when they’re passed along.MarketWatch - 2d -
Six things that could get more expensive for Americans
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 3d -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 2d