Understanding Trump's tariffs, in five charts

Learn more about how Trump's proposed tariffs against Mexico, China and Canada could impact trade, shipping, imports, prices and more.

Topics

Five takeaways from Germany’s historic election — in charts

Non-voters and young people turned out for the AfD and far left, depriving the CDU of an enthusiastic mandate
Financial Times - Feb. 24
Donald Trump’s first month in charts

The US president has hit the ground running, but he is dogged by stubborn inflation and tepid approval ratings
Financial Times - Feb. 21
‘Trump doesn’t understand who the aggressor is’: fatigue and anger in Odesa

Russian attacks on Ukrainian city that was initially spared worst have increased since Washington-Moscow detente. Russia-Ukraine war – latest news updates Olena Palash heard a loud buzzing ...
The Guardian - 2d
Trump Said Tariffs Are Coming

Also, Cuomo entered the New York mayoral race as a front-runner. Here’s the latest at the end of Monday.
The New York Times - 1d
Will Trump's tariffs increase inflation?

Canada slapped a 25% retaliatory tariff on $155 billion worth of American goods on Tuesday after the Trump administration implemented its own 25% tariffs on nearly all imports from Mexico and ...
CBS News - 2h
Crypto prices rally after Trump backs five coins for 'crypto reserve'

Trump named five cryptocurrencies he wanted in a potential national reserve so the US could become "the Crypto Capital of the World".
BBC News - 2d
Trump tariff threats rattle consumers

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumer confidence dips in Trump’s first month A new survey found that ...
The Hill - Feb. 21
The Tariffs Are On, and Trump Suspends Ukraine Aid

Plus, women’s rugby gets a boost.
The New York Times - 14h
Trump’s Tariffs Hit Stock Markets

Global leaders are retaliating and investors have sold off stocks in Asia and Europe.
The New York Times - 13h
Trudeau: Trump tariffs on Canada ‘dumb’

Canadian Prime Minister Justin Trudeau slammed President Trump’s tariffs on his country, reiterating a message from The Wall Street Journal’s editorial board that the taxation plan was “dumb.” ...
The Hill - 9h
What Trump's tariffs mean for you

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's new tariffs could boost prices, derail stocks Many businesses and market ...
The Hill - 2h
Understanding DOGE's mass firings of federal workers

Several former federal workers fired as a result of the Trump administration's widespread DOGE cuts are expected to attend the president's congressional address Tuesday night at the invitation of ...
CBS News - 1d
Tracking Ukraine’s battle against Russia in maps and charts

A visual guide to the war
Financial Times - 8h
Trump’s Tariffs Are Causing Some Startups to Scrap Their IPOs

This was expected to be a big year for IPOs, but now some companies are rethinking plans to go public.
Inc. - Feb. 22
Trump says tariffs on Canada and Mexico are 'on time, on schedule'

During a White House press conference, President Trump told reporters that his administration would move forward with planned tariffs on Canada and Mexico.
NBC News - Feb. 24
Trump says tariffs on Canada and Mexico 'will go forward'

President Donald Trump said sweeping tariffs on Canada and Mexico "will go forward" when a monthlong delay on their implementation expires next week.
CNBC - Feb. 24
Trump Refocuses on Tariffs and Trade Deals With Russia and Ukraine

The president has sent the message that he’s committed to tariffs, and that he sees room for deals with Ukraine and Russia.
The New York Times - Feb. 25
Trump directs investigation preceding potential copper tariffs

President Trump on Tuesday directed his Commerce secretary to investigate the need for possible tariffs on copper, the latest industry to potentially be targeted by Trump’s sweeping trade agenda. ...
The Hill - Feb. 25
Trump Announces Inquiry That Could Lead to Tariffs on Copper

Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
The New York Times - Feb. 25
Trump’s tariffs spook consumers weary of inflation

The high spirits that greeted the US president’s election triumph in November have faded
Financial Times - 6d
Trump threatens to impose 25% tariffs on EU goods

US president warns levies will target auto sector and be applied ‘generally’
Financial Times - 6d
Trump says 25% tariffs on EU will be announced soon

"The EU was formed to screw the United States," Trump says.
BBC News - 5d
European stocks fall after Trump’s tariff warnings

US president has threatened 25% duties on EU imports as well as levies on other major trading partners
Financial Times - 5d
FirstFT: Trump says UK could be spared tariffs

Also in today’s newsletter, Citi sends client $81tn in ‘near miss’ and Mexico extradites prisoners to the US
Financial Times - 4d
When It Comes to Tariffs, Trump Can’t Have It All

The president has promised big results, from raising revenue to reviving domestic manufacturing. But many of his goals undermine one another.
The New York Times - 4d
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?

Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?
The New York Times - 4d
Currency investors grow wary of bets on Trump tariffs

FX volatility expectations fall after traders ‘burned’ trying to react to US president’s trade threats
Financial Times - 2d
How Trump’s Tariffs Could Affect American Companies

Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
The New York Times - 2d
Mexico’s Response to Trump’s Tariffs: Troops, Cartels and China

Aiming to appease President Trump, Mexico is hitting China with tariffs, handing cartel leaders over to the United States and using C.I.A. intelligence to hunt down others.
The New York Times - 2d
Deadline looms for Trump’s Canada, Mexico tariffs

Plus: RFK Jr. touts measles vaccine amid outbreak {beacon} 12:30 REPORT It’s Monday. This is a big week in Washington with President Trump’s Tuesday evening joint address to Congress. Reminder: ...
The Hill - 1d
Nissan and Stellantis Could Be Hit Hardest by Trump’s Tariffs

A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
The New York Times - 1d
How Trump’s Tariffs on China Are Affecting Toy Companies

A trade show for toys, most of which are made in China, showcased an industry, underneath the fun, rattled by President Trump’s higher tariffs.
The New York Times - 1d
Trump's tariffs on Canada and Mexico to take effect in hours

The U.S. will impose 25% tariffs on imports from Canada and Mexico starting Tuesday. Tariffs on goods from China will increase from 10% to 20%. Kelly O'Grady, CBS News MoneyWatch correspondent, and ...
CBS News - 1d
Tuesday Briefing: Trump’s Tariffs Set to Take Effect

Plus, Sean Baker’s big Oscar wins.
The New York Times - 1d
Trump's tariffs risk economic turbulence - and voter backlash

Trump is making a high-stakes bet that could either reap major political dividends, or seriously undercut his second term.
BBC News - 23h
Trump’s Tariffs on Canada, Mexico and China Snap Into Effect

President Trump imposed hefty tariffs on the United States’ largest trading partners on Tuesday, roiling global relations and sending shock waves through industries that depend on trade.
The New York Times - 20h
FirstFT: Trump tariffs hit global stock markets

Also in today’s newsletter, US suspends Ukraine military aid and global government borrowing set to hit record
Financial Times - 15h
Target warns Trump’s tariffs could cut into profits

Big-box US retailer says it expects ‘meaningful year-over-year profit pressure’ in first quarter
Financial Times - 14h
Trump trade war intensifies as tariffs go into place

Americans awoke Tuesday morning to an intensifying trade war, as President Trump’s newest tariffs on Canadian, Mexican and Chinese imports were imposed and those countries quickly moved to ...
The Hill - 12h