Trump Escalates Uscanada Trade War with 50 Tariff on Steel and Aluminium
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Tariffs may be worth it, but Trump must level with the public about the coming pain
President Trump's tariffs on imported goods are causing prices to rise, resulting in American taxpayers paying the ultimate cost of the tariffs.The Hill - 5d -
Europe Expected a Transactional Trump. It Got Something Else.
Europe had been banking on a United States that wanted to make a deal on tariffs and trade. With little progress in that direction, it’s reluctantly starting to hit back.The New York Times - 5d -
Morning Report — White House escalates fight over deportations
In today’s issue: President Trump and his advisers are ratcheting up their fight over his immigration policy, seeking to muscle past court orders aimed at pumping the brakes. They expect the ...The Hill - 1d -
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 - Mar. 9 -
Here are our top and bottom 3 stocks since Trump tariff concerns shook the market
The tech-heavy Nasdaq Composite notched its worst day since 2022 on a string of disorienting trade policy moves.CNBC - 6d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 5d -
Gold price hits $3,000 as trade tensions mount
Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.BBC News - 5d -
Investors slash US equity holdings by most ever, BofA survey shows
Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentimentFinancial Times - 1d -
Federal Reserve holds interest rates steady, but trims growth outlook
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.CBS News - 15m -
Mar 12: CBS News 24/7, 1pm ET
Trump's 25% tariffs on steel and aluminum take effect, prompting EU and Canada to retaliate; NASA set to bring astronauts home after eight-day mission turned into nine months.CBS News - 6d -
Trump threatens big tariffs on European Union's alcohol
President Trump is threatening a steep tariff on all alcohol from the European Union after a retaliatory tariff on popular U.S. goods was announced. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 6d -
Most say Trump too erratic in economic moves: Survey
Most Americans think President Trump is too “erratic” in implementing his trade agenda as he slaps tariffs onto the country's top trading partners and they want him to combat high prices, according ...The Hill - 6d -
Hong Kong’s cargo sector faces a tariff test
City’s strategic position makes it increasingly vulnerable to escalating geopolitical tensions between US and ChinaFinancial Times - 1d -
For the left’s Ukraine hawks, the real war is against Trump
The liberal left has shifted from opposing muscular policies toward Russia to advocating for a robust Cold War, despite a history of opposing it and giving Russia excuses.The Hill - 23h -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - Mar. 12 -
‘Is the Destruction the Point?’: Three Opinion Writers on Trump’s First 50 Days
Michelle Goldberg and Frank Bruni join Patrick Healy to discuss the issues that have defined Trump’s presidency thus far.The New York Times - Mar. 12 -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - Mar. 8 -
Trump Administration to Confront Countries With New Tariff ‘Number’
Treasury Secretary Scott Bessent provided new details into how President Trump will roll out a sweeping and elusive tariff measure planned for April 2.The New York Times - 1d -
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.The New York Times - Mar. 10 -
Power, Money, Territory: How Trump Shook the World in 50 Days
The system America took 80 years to assemble proved surprisingly fragile in the face of Trump’s assault, a revolution in how the country exercises power across the globe.The New York Times - Mar. 11 -
Nato’s Rutte meets Trump with Europe’s security on the line
Also in this newsletter: France’s plan to save European steelFinancial Times - 6d -
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. Canada announced retaliatory tariffs on nearly C$30bn worth of American imports ...The Guardian - 6d -
Canada’s New PM Tells Trump: If Want a Fight, We’ll Kick Your Butt
Former central banker Mark Carney has managed the financial crisis and Brexit. He’s not backing down from a trade war with the U.S.Inc. - Mar. 10 -
The MAGA Culture War Comes for Georgetown Law
If our liberties can survive a world war, then they can and should survive the Trump administration.The New York Times - Mar. 10 -
Open: This is "Face the Nation with Margaret Brennan," March 9, 2025
This week on "Face the Nation with Margaret Brennan," after a whiplash week of on-again, off-again tariff announcements, Canadian ambassador to the U.S. Kirsten Hillman joins to discuss the costs ...CBS News - Mar. 9 -
What contributed to February's cooling inflation
A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...CBS News - 6d -
Almost half think Trump sympathizes with Russia in Ukraine war: Survey
President Trump is expected to speak with Russian President Vladimir Putin on Tuesday about ongoing negotiations to end the war between Russia and Ukraine, despite nearly half of American voters ...The Hill - 2d -
Trump says tariff approach shows 'flexibility' not 'inconsistency'
President Trump on Wednesday disputed that his repeated threats of tariffs followed by exemptions or backtracking was not a case of inconsistency, but of “flexibility,” even as the approach has ...The Hill - Mar. 12 -
Rubio, Brennan tangle over Trump’s tariff impacts
Secretary of State Marco Rubio joined CBS News’s Margaret Brennan on Sunday’s “Face the Nation,” where he was pressed about the implications of President Trump’s tariff plan. “Isn’t there a risk ...The Hill - 3d -
Bessent reveals how Trump will decide reciprocal tariffs
President Trump’s reciprocal tariffs could go well beyond matching import taxes imposed on U.S. goods by other nations, Treasury Secretary Scott Bessent said Tuesday. In an interview, Bessent said ...The Hill - 1d -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 16h -
China imposes retaliatory tariffs on Canadian farm and food products
China has announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum productsABC News - Mar. 8 -
What alcohol would cost more under 200% Trump tariff?
Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.The Hill - 5d -
Elon Musk's carmaker Tesla raises concern over Trump tariffs
The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.BBC News - 5d -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - 19h -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - 6d -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - Mar. 10 -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - Mar. 11 -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - Mar. 12 -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - 6d