Target warns Trump’s tariffs could cut into profits
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Target’s stock reverses lower as tariff talk overshadows upbeat profit outlook
Target’s profit will be pressured in the first quarter due to tariff uncertainty and bad weather, but will then see improvement the rest of the yearMarketWatch - 1h -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 1h -
Target Reports Solid Holiday Quarter But Warns of Tariff Uncertainty Ahead
The retailer ended 2024 with a good holiday season, but warned of uncertainty ahead.The New York Times - 3h -
How Trump’s tariffs and tax cuts could leave the Fed unable to do its job
Trump is moving fast and breaking things. That’s creating more chaos than progress.MarketWatch - 3h -
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 partnersFinancial Times - 4d -
Social Security workers warn job cuts could hurt service for Americans
"We are already short-staffed as it is,"one Social Security Administration employee said of the agency's plans to slash its workforce.CBS News - 3d -
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 -
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 USFinancial Times - 4d -
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 - 22h -
China accuses US of 'blackmail' after Trump warns of increased tariffs
China’s officials condemned President Trump for his decision to add a 10 percent tariff on Chinese imports over the country’s alleged complicity in the international smuggling of fentanyl, a deadly ...The Hill - 3d -
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 measuresFinancial Times - 3d -
Trump Cuts Target Next Generation of Scientists and Public Health Leaders
A core group of so-called disease detectives, who track outbreaks, was apparently spared. But other young researchers are out of jobs.The New York Times - Feb. 18 -
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.VentureBeat - 14h -
Forest Service workers fired in Trump cuts warn of "unforeseen consequences"
Every summer, tens of millions of Americans visit National Forests. But this summer, the parks might look a little different. Ian Lee sat down with three Forest Service workers fired amid Trump ...CBS News - 6d -
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 -
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 -
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 - 1d -
Trump's new tariffs could hike car prices by $12,000, report says
Here's how new tariffs on Canada, Mexico and China could impact car prices for consumers, according to a new analysis.CBS News - 16h -
Here's what could get more expensive under Trump's tariffs
President Donald Trump has imposed sweeping tariffs on America's largest trading partners, raising the prospect that a host of everyday goods could become more expensive for U.S. consumers.NBC News - 1h -
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 -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 4d -
Economists say Trump tariff threats, DOGE job cuts are 'chilling' the economy
Economists say uncertainty from Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling” effect on the U.S. economy.ABC News - 4d -
China likely to target US agriculture, state media reports, as Trump tariff deadline nears
Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on Tuesday. China is preparing countermeasures against fresh US import ...The Guardian - 1d -
Trump executive order could cut ‘infant assistance’ benefits for undocumented migrants
NBC News Homeland Security Correspondent Julia Ainsley joins Meet the Press NOW to discuss a new executive order from President Trump and the latest legal challenges to his administration's ...NBC News - Feb. 20 -
Trump job cuts could throw national parks and forests into 'staffing chaos'
The only locksmith at Yosemite National Park in California, the sole EMT ranger at neighboring Devils Postpile National Monument, an experienced sled dog musher in Alaska’s Denali National Park.NBC News - Feb. 21 -
Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 17m -
U.S. could earn profits from Ukraine's rare minerals
A potential deal with Ukraine could bring in 50% of profits to America from rare minerals extracted by the U.S. ally. Iulia Joja, a senior fellow at the Middle East Institute, joins CBS News with ...CBS News - 5d -
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 -
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 -
Trump signals U.S. and U.K. could reach 'real trade deal' without tariffs
U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.CNBC - 4d -
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 - 23h -
Rolls-Royce shares surge as group to hit profit targets 2 years early
Stock climbs 15% as results boosted by strong demand for jet enginesFinancial Times - 4d -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - 6d -
This Refinery Wants to Make Sustainable Aviation Fuel Mainstream. Trump’s Cuts Could Kill It
A sprawling Minnesota refinery wants to make low-carbon aviation fuel mainstream—but without government support experts believe the project could be “dead in the water.”Wired - Feb. 25
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Live Updates: Markets Fall After New Trump Tariffs Prompt Retaliation
China and Canada immediately announced retaliatory tariffs, and Mexico said it would announce its own measures on Sunday. The responses escalated a trade war that has rattled the globe.The New York Times - 14m -
Serbian lawmakers hospitalised after flares go up inside parliament
Ruling party MPs, including eight-month pregnant politician, injured as anti-government protest turns violentFinancial Times - 17m -
Ukraine can maintain frontline, says its PM, after Trump puts military aid on hold – Europe live
Denis Shmyhal says Ukraine ready to sign minerals deal after Trump paused aid and says country ‘will continue to work with US in a calm manner’. New EU plans to strengthen Europe’s defence ...The Guardian - 23m -
India v Australia: Champions Trophy cricket semi-final – live
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