Trump's new tariffs could hike car prices by $12,000, report says

Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs

Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...

MarketWatch - 7h

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 - 3d

Trump wants a 25% tariff on cars from the E.U. Where he could be going wrong.

Some trade experts haven’t been won over by the 47th president’s tariff proposals, even as Europe’s big car companies are making shifts to deal with Trump 2.0.

MarketWatch - 4d

UK-US trade deal could mean tariffs 'not necessary', says Trump

The US president says a trade deal could happen very quickly and avoid taxes on UK imports.

BBC News - 4d

Tell ‘price walkers’ to take a hike

We know how this works: you sign up for a deal at a low teaser rate — when it’s time to renew, you’re on a contract with a much higher price

Financial Times - 5d

Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says

Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.

CNBC - 7h

Trump’s tariff talk is raising inflation and could weaken the economy, ISM finds: ‘Customers are pausing on new orders’

The specter of rising U.S. inflation reared its head in February as the cost of supplies for U.S. manufacturers jumped to more than a 2 1/2-year high in response to new or threatened tariffs by ...

MarketWatch - 12h

China vows to retaliate as necessary after Trump threatens another 10% tariff hike

China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.

CNBC - 3d

Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says

Guillaume Faury also said Airbus had ramped up U.S. production in recent years and that he hoped tariffs would not disrupt the aviation industry.

CNBC - Feb. 20

Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says

Airbus could prioritize deliveries to its non-U.S.

NBC News - Feb. 20

Farms and Bakeries Hit by Egg Shortages and Price Hikes

Bare shelves in supermarkets and wholesalers, combined with double-digit price jumps, are pushing many food businesses to raise prices or change recipes.

Inc. - Feb. 19

Here's why Trump tariffs may raise your car insurance premiums

The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis.

NBC News - Feb. 24

Here's why Trump tariffs may raise your car insurance premiums

If they take effect, tariffs are expected to raise costs for auto insurers to repair or replace cars, meaning motorists pay higher premiums.

CNBC - Feb. 24

This is why Trump’s tariff plan has upended the car industry, and it’s not over yet

“No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.

MarketWatch - 6d

Europe’s car suppliers warn they will be unable to absorb Trump tariffs

US shares in Valeo and Forvia fall sharply amid uncertainty over protectionist measures

Financial Times - 3d

Hochul says she appealed to Trump as a New Yorker in bid to preserve congestion pricing

New York Gov. Kathy Hochul (D) said Thursday that she appealed to President Trump as a New Yorker to try to convince him to drop his war against the congestion pricing initiative in his native ...

The Hill - 4d

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 - 6d

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 - 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 - 11h

Trump’s Plan to Repeal Climate Policy Could Upend Shift to Electric Cars

The administration is setting the stage for Congress to repeal a longstanding waiver that allows California to set its own pollution standards. State officials say the effort is illegal.

The New York Times - 5d

Here’s how the new Alexa+ could change the price of Amazon Prime

Amazon revealed its $19.99 Alexa+ service, which will tap generative AI to perform more advanced tasks. Prime members won’t have to pay extra for it — for now.

MarketWatch - 5d

As New Tariffs Roll Out—or Don’t—Small Businesses Report Confusion and Concern

President Trump’s proposed tariffs on Canada and Mexico, and additional tariffs on China, take effect Tuesday. Other taxes could follow.

Inc. - 16h

49ers exploring possible sale: 10% of team could be up for grabs at this record-setting price, per report

If you have $900 million, you might be able to buy part of the 49ers

CBS Sports - Feb. 21

How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.

Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.

The New York Times - Feb. 21

Trump’s threatened 25% tariffs on EU imports could trigger ‘economic turmoil’

US president’s plan could prove to be an economic shock to both blocs, German thinktank says. Business live – latest updates Donald Trump’s threatened 25% tariffs on EU imports could trigger ...

The Guardian - 4d

Jim Cramer lists stocks that could withstand the impact of Trump's tariffs

CNBC's Jim Cramer on Thursday opined on the market instability caused by some of President Donald Trump's tariff decisions.

CNBC - 4d

How Trump’s Canada Tariffs Could Impact Both the U.S. and Canada

President Trump’s plan to apply 25 percent tariffs on Canadian exports is set to start on Tuesday. They would deal a brutal blow to Canada’s economy.

The New York Times - 14h

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 says 25% tariffs on EU will be announced soon

"The EU was formed to screw the United States," Trump says.

BBC News - 4d

Trump Moves to Cancel New York City’s Congestion Pricing

The move will halt the program that charges most drivers $9 to enter much of Manhattan.

Inc. - Feb. 19

FDA says Ozempic, Wegovy are not in short supply anymore, which could impact prices

The U.S. Food and Drug Administration said Ozempic and Wegovy, the popular GLP-1 drugs for diabetes and weight loss, are no longer in short supply. CBS News New York reporter Ali Bauman reports on ...

CBS News - Feb. 22

10 reasons to visit Spain in 2025: new holidays, hikes and cultural highlights

From villas in Galicia and walks in La Gomera, to a new parador near Madrid and a horse fair in Jerez . It is easy to avoid big resorts in the Canaries – the smaller islands have a handful of ...

The Guardian - 1d

Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.

CNBC - Feb. 21

Why Trump’s move to boost the U.S. copper market is a ‘pipe dream’ that could raise prices

President Donald Trump has made it clear that he is concerned about the United States’ dependence on foreign countries for much of its copper and is looking to boost domestic mining of the metal, ...

MarketWatch - 3d

What else can Canada and Mexico do to avoid Trump’s tariffs? America’s neighbors may slap new tariffs on China.

As traders worldwide wait to see if U.S. President Donald Trump once again holds off on putting new tariffs on Canada and Mexico, the head of the U.S. Treasury Department has highlighted one ...

MarketWatch - 3d

Trump says US will impose additional 10% tariff on China

He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been paused.

BBC News - 4d

Trump says Canada, China and Mexico tariffs will take effect next week

President Donald Trump said Thursday that 25% tariffs on goods imported from Canada and Mexico would go into effect Tuesday, alongside yet another 10% layer of duties on China following one that ...

NBC News - 4d

Trump's new tariffs could hike car prices by $12,000, report says

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