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Today: April 02, 2025
Today: April 02, 2025

Tariffs

Business|Economy|Finance|Political|US

Warren Buffett: Tariffs are ‘an act of war’

Warren Buffett: Tariffs are ‘an act of war’

Warren Buffett: Tariffs are ‘an act of war’
Business|Economy|Health|Political|US

Pfizer could use existing US manufacturing to counter potential tariff hit

Pfizer CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing plants in the United States, if required, as the Trump

Pfizer could use existing US manufacturing to counter potential tariff hit
Business|Economy|Finance|Political|US

Trump’s tariff tactics carry higher economic risks than during his first term

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade

Trump’s tariff tactics carry higher economic risks than during his first term
Business|Economy|Political|US

Phil Mattingly explains why Trump has so much power over tariffs

CNN’s Phil Mattingly explains why the executive branch has the power to impose tariffs on other countries, and why President Donald Trump’s unprecedented actions aren’t likely to face any opposition, legal or political, for now.

Phil Mattingly explains why Trump has so much power over tariffs
Business|Economy|Food|US

Why these companies are lowering prices despite rising inflation and looming tariffs

Why these companies are lowering prices despite rising inflation and looming tariffs

Why these companies are lowering prices despite rising inflation and looming tariffs
Business|Economy|Europe|Finance|Political|Stock Markets|US

Trump flags crypto reserve, mum on funding

A look at the day ahead in European and global markets from Wayne Cole.

Trump flags crypto reserve, mum on funding
Americas|Business|Economy|Political|US

From Alaska to Maine, communities that border Canada worry US tariffs come at a personal cost

The 25% tariff on most imported Canadian goods that President Donald Trump’s plans to impose Tuesday has touched off a range of emotions along the world’s longest international border

From Alaska to Maine, communities that border Canada worry US tariffs come at a personal cost
Asia|Business|Economy|Political|Stock Markets|US

Iron ore logs monthly loss on China steel export concerns

Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports

Iron ore logs monthly loss on China steel export concerns
Americas|Business|Economy|Political|US

Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China

Canadian Prime Minister Justin Trudeau says if the United States imposes tariffs, his country has billion of dollars' worth of U.S. products that'll be subject to tariffs as well

Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China
Business|Economy|Finance|Stock Markets|Technology|US

Even Nvidia beat gets a shrug, tariff war looms

A look at the day ahead in U.S. and global markets from Mike Dolan What appeared like a solid earnings beat from AI-bellwether Nvidia failed to impress nervy tech investors, with anxiety about the

Even Nvidia beat gets a shrug, tariff war looms
Business|Economy|Political|US

Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold

Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold

Consumer confidence registers biggest monthly decline since August 2021 as inflation fears take hold
Political

How Trump's tariffs will impact small businesses

President Donald Trump has implemented sweeping new tariffs on goods imported from America’s three largest trading partners—25 % on Canada and Mexico and 10% on China. These tariffs mark a shift in U.S. trade policy that will have far-reaching consequences for American businesses and consumers. The White House justified these measures as a response to what it describes as an “extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl,” declaring it a national emergency under the International Emergency Economic Powers Act. According to the administration, the tariffs will remain in place until these countries take stronger action to

How Trump's tariffs will impact small businesses
Economy|News|Political

Trump tariffs: What they mean for your wallet and the economy

President Donald Trump has announced the imposition of new tariffs on imports from Canada, Mexico, and China, aiming to address concerns over illegal immigration and drug trafficking. The tariffs include a 25% levy on Canadian and Mexican imports and a 10% tariff on Chinese goods.  Energy resources from Canada will have a lower 10% tariff. Trump posted about the tariffs on Feb. 2, stating, “Today, I have implemented a 25% tariff on imports from Mexico and Canada (10% on Canadian energy), and a 10% additional tariff on China. This was done through the International Emergency Economics Powers Act (IEEPA) because

Trump tariffs: What they mean for your wallet and the economy
Business|Economy|Europe|Political|US|World

Why Trump has thrown VAT into the trade stand-off

U.S. President Donald Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world.

Why Trump has thrown VAT into the trade stand-off
Business|Economy|Finance|Stock Markets|US

Dow falls 450 points as inflation and tariff fears hit Main Street

Dow falls 450 points as inflation and tariff fears hit Main Street

Dow falls 450 points as inflation and tariff fears hit Main Street
Asia|Business|Economy|Finance|Political|US

US dollar stumbles on 'tariff fatigue'; yen soars as BOJ hike bets rise

The U.S. dollar dropped against major currencies on Thursday, as investors took a step back and assessed President Donald Trump's latest tariff plans,

US dollar stumbles on 'tariff fatigue'; yen soars as BOJ hike bets rise
Economy|Political|US

Labor unions call on Trump to boost US shipbuilding against increasing Chinese dominance

The heads of four major labor unions are calling on President Donald Trump to boost American shipbuilding and enforce tariffs and other “strong penalties” against China for its increasing dominance

Labor unions call on Trump to boost US shipbuilding against increasing Chinese dominance
Business|Economy|Finance|Political|US

Frigid temperatures chill US single-family homebuilding; tariffs a potential drag

U.S. single-family homebuilding fell sharply in January amid disruptions from snowstorms and freezing temperatures, with a rebound likely to be limited by

Frigid temperatures chill US single-family homebuilding; tariffs a potential drag
Business|Economy|Political|US

US homebuilder sentiment drops to five-month low in February

U.S. homebuilder sentiment tumbled to a five-month low in February amid worries that tariffs on imports would combine with higher mortgage rates to further drive up housing

US homebuilder sentiment drops to five-month low in February
Business|Economy|Europe|Fashion and Beauty|Political|US

Trump tariffs would test pricing power of Europe's luxury goods makers

European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S.

Trump tariffs would test pricing power of Europe's luxury goods makers
Business|Economy|Finance|Stock Markets|US

Silver catches a lift from gold's bull run to eye 10-year peak

Silver prices hit their highest since late October on Friday, latching on to factors that drove gold to successive record highs, with some analysts

Silver catches a lift from gold's bull run to eye 10-year peak
Business|Economy|Finance|Political|Stock Markets

Oil settles lower, supply worries ease on hopes for Ukraine peace deal

Oil prices settled down on Friday on prospects for a peace deal between Russia and Ukraine that could ease global supply disruptions by ending sanctions against

Oil settles lower, supply worries ease on hopes for Ukraine peace deal
Business|Economy|Political|US|World

Takeaways from Modi, Trump meeting: Cooperation on trade and defense — plus some mutual praise

Indian Prime Minister Narendra Modi and the United States President Donald Trump have spoken about easing tariffs and resolving trade concerns between the two countries, while also shoring up defense ties

Takeaways from Modi, Trump meeting: Cooperation on trade and defense — plus some mutual praise
Americas|Business|Economy|Political

Brazil says US ethanol tariff would be unreasonable, calls for sugar talks

Brazil's Energy and Mining Minister Alexandre Silveira said on Thursday that a

Brazil says US ethanol tariff would be unreasonable, calls for sugar talks
Business|Economy|Political|US

Trump's memo outlining reciprocal tariffs plans

MEMORANDUM FOR THE SECRETARY OF THE TREASURY THE SECRETARY OF COMMERCE THE SECRETARY OF HOMELAND SECURITY THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET THE UNITED STATES TRADE

Trump's memo outlining reciprocal tariffs plans
Americas|Political|US

Trump’s remarks on Canada becoming the 51st state raise a lot of questions

President Donald Trump has repeatedly said Canada should be the 51st U.S. state, effectively erasing the massive border the two nations share

Trump’s remarks on Canada becoming the 51st state raise a lot of questions
Economy|Finance|Political|US

Inflation is heating up again, putting pressure on Trump to cool it on tariffs

The consumer price index rose by 0.5% in January, meaning Americans are now paying 3% more on items than they were 12 months ago.

Inflation is heating up again, putting pressure on Trump to cool it on tariffs
Americas|Business|Economy|Political|US

Brazil calls for dialogue with US on trade, suggests steel quotas

Brazil's Vice President Geraldo Alckmin on Wednesday called for "caution" and said the South American country would seek dialogue with the United States after President Donald

Brazil calls for dialogue with US on trade, suggests steel quotas
Business|Economy|Political|US

US manufacturers face growing headwinds from trade tensions

Austin Ramirez until recently planned to build a new factory in Mexico as part of his Wisconsin-based company's strategy to expand global production and shift away from

US manufacturers face growing headwinds from trade tensions
Business|Economy|Finance|US

US inflation got worse with rising groceries and gasoline prices

U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts

US inflation got worse with rising groceries and gasoline prices
Business|Economy|Food|Political|US

US craft beers — brewed in steel, canned in aluminum — could get crushed by tariffs

US craft beers — brewed in steel, canned in aluminum — could get crushed by tariffs

US craft beers — brewed in steel, canned in aluminum — could get crushed by tariffs
Business|Economy|Finance|Political|US

Column-Would Trump break capital controls taboo?: Mike Dolan

Investment barriers have long been taboo among U.S. policymakers, for fear that a mere mention could spook the world's biggest financial market.

Column-Would Trump break capital controls taboo?: Mike Dolan
Business|Economy|Political|US

Beer, not tariffs, will boost US aluminium capacity: Andy Home

If in doubt, double down. 

Beer, not tariffs, will boost US aluminium capacity: Andy Home
Asia|Business|Economy|Political|US

Column-Trump tariffs a 'lose-lose' for emerging Asia: McGeever

U.S.

Column-Trump tariffs a 'lose-lose' for emerging Asia: McGeever
Economy|Political|US

Canadian leader says he has a plan to fight back against Trump and Musk

President Donald Trump said he would announce a 25% tariff on steel and aluminum imports. Canadian politician Jagmeet Singh discusses possible retaliatory plans against the US.

Canadian leader says he has a plan to fight back against Trump and Musk
Business|Economy|Health|Political|US

Trump faces pressure from US industry over China tariff on medicines

President Donald Trump is facing pressure from U.S. hospitals and generic drugmakers to exempt medical goods from his new tariffs on Chinese imports,

Trump faces pressure from US industry over China tariff on medicines
Business|Economy|Finance|Political|US

US consumer sentiment drops as inflation expectations surge

U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as households feared it may be too late to avoid the negative effects on

US consumer sentiment drops as inflation expectations surge
Business|Economy|Finance|Political|Stock Markets|US

Inflation data to test market as tariff talk swirls

A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's

Inflation data to test market as tariff talk swirls
Business|Economy|Europe|Finance|Political

Leaving Fed behind, top central banks have room to ease

Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S.

Leaving Fed behind, top central banks have room to ease
Business|Economy|Fashion and Beauty|US

Trump's tariffs on China bite US bargain-hunting online shoppers

On Wednesday, Matthew Cannon's college-age daughter forwarded him a request from delivery company DHL asking for

Trump's tariffs on China bite US bargain-hunting online shoppers
Business|Economy|Finance|Political|Stock Markets

Traders see tariffs, inflation as 2025's biggest market movers, survey shows

Traders across the globe project that tariffs and inflation will have the biggest impact on global markets in 2025 as they brace for volatility, an annual survey

Traders see tariffs, inflation as 2025's biggest market movers, survey shows
Americas|Business|Economy|Political|World

UK PM Starmer tells Canada's Trudeau he welcomes global conversation on trade

British Prime Minister Keir Starmer told his Canadian counterpart Justin Trudeau in a call on Wednesday that he welcomed an international conversation on the importance of trade and

UK PM Starmer tells Canada's Trudeau he welcomes global conversation on trade
Asia|Business|Economy|Finance|Political|US

Trump tariffs will only add to the pain for hard-hit Nissan

One of the biggest casualties of Donald Trump's potential tariffs on Mexico and Canada is likely to be the Japanese automaker that can least

Trump tariffs will only add to the pain for hard-hit Nissan
Business|Economy|Political|Technology|US

Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports

A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products

Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
Business|Economy|Europe|Political|US

US Treasury Secretary affirms US-EU economic relationship in call with ECB's Lagarde

U.S.

US Treasury Secretary affirms US-EU economic relationship in call with ECB's Lagarde
Economy|Europe|Political|US

EU seeks early US talks to avert Trump tariffs

The European Union wants to engage swiftly with the United States over President Donald Trump's planned tariffs, trade chief Maros Sefcovic said on Tuesday,

EU seeks early US talks to avert Trump tariffs
Asia|Business|Economy|Finance|Political|Stock Markets|US

'Phantom' Trump tariffs get more real in China

A look at the day ahead in U.S. and global markets from Mike Dolan After a four-day guessing game and much financial turbulence, the United States and China appear to have resumed a tit-for-tat trade

'Phantom' Trump tariffs get more real in China
Americas|Business|Economy|Political|US

From Johnnie Walker to Corona beer, major alcohol firms could face tariff hit

Makers of alcoholic beverages such as Johnnie Walker whisky and Corona beer could be caught in the crosshairs of a potential trade war after U.S.

From Johnnie Walker to Corona beer, major alcohol firms could face tariff hit
Asia|Business|Economy|Europe|Finance|Stock Markets

China tariffs on, but everything's negotiable

A look at the day ahead in European and global markets from Tom Westbrook Markets have taken the one-month delay in tariffs on Canada and Mexico as a signal that everything's negotiable.

China tariffs on, but everything's negotiable
Business|Economy|Europe|Political|US

Transatlantic trade war would hurt both sides, European leaders warn

European leaders warned on Monday that U.S.

Transatlantic trade war would hurt both sides, European leaders warn
Asia|Business|Economy|Political|Technology|US|World

'Good opportunity' for Rubio, Wang to meet at UN on Feb. 18, says China's UN envoy

A United Nations Security Council meeting in two weeks could be a "very good opportunity" for Chinese Foreign Minister Wang Yi and U.S.

'Good opportunity' for Rubio, Wang to meet at UN on Feb. 18, says China's UN envoy
Business|Economy|Finance|Political|Stock Markets|US

Wall Street closes down, pares losses after Trump delays Mexico tariffs

The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S.

Wall Street closes down, pares losses after Trump delays Mexico tariffs
Business|Economy|Finance|Political|Technology|US

Trump's tariff threat sends crypto prices falling, including his own meme coin

Cryptocurrency prices took a hit from the prospect of a trade war between the U.S. and its major trading partners, with some well-known digital assets and President Donald Trump’s own meme coin taking big hits

Trump's tariff threat sends crypto prices falling, including his own meme coin
Americas|Business|Economy|Political|US

Oil prices close at 1-month low as US pauses tariffs on Mexico

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, as the market digested U.S.

Oil prices close at 1-month low as US pauses tariffs on Mexico
Business|Economy|Finance|Political|Stock Markets|US

Trump tariff headlines spur volatility surge across markets

U.S.

Trump tariff headlines spur volatility surge across markets
Business|Economy|Political|Stock Markets|US

Car makers, brewers pare losses as Trump pauses tariffs on Mexico

Automakers and alcoholic beverage companies pared early session losses on Monday after U.S. President Donald Trump paused new tariffs on Mexico for one month.

Car makers, brewers pare losses as Trump pauses tariffs on Mexico
Economy|Political|US

Tariffs will lift US gas prices within days

Tariffs will lift US gas prices within days

Tariffs will lift US gas prices within days
Business|Economy|Political|US

What is a tariff? Mattingly breaks it down

After signing tariffs on Mexico, Canada and China, Trump acknowledged what economists and members of Congress have been saying all along: Americans may find themselves paying the costs. CNN's Phil Mattingly explains how tariffs work and how they could impact consumers in the United States.

Asia|Business|Economy|Finance|Political|Stock Markets

Bitcoin drops to 3-week low as Trump tariffs rattle markets

Cryptocurrency prices slid on Monday, with bitcoin at a three-week low, as the risk of a trade war spooked investors and caused a selloff across financial markets.

Bitcoin drops to 3-week low as Trump tariffs rattle markets
Business|Economy|Political|US

What do Trump's executive orders say on tariffs and how would they work?

President Donald Trump is using a trio of executive orders to throw the world economy and his own goal of cutting inflation into turmoil

What do Trump's executive orders say on tariffs and how would they work?
Business|Economy|Political|US

Former US treasury secretary has a theory on how Mexico and Canada might respond to Trump's tariffs

President Donald Trump announced extraordinary new tariffs on Mexico, Canada and China, signing the long-promised economic policy at his Mar-a-Lago club. Former Treasury Secretary Larry Summers joins CNN’s Jessica Dean to discuss.

Business|Economy|Finance|Political|Stock Markets|US

Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond

President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation from the U.S.’s North American neighbors in an emerging trade war

Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond
Americas|Business|Economy|Political|US

Trump's oil tariffs a boost for European and Asian refiners

U.S.

Trump's oil tariffs a boost for European and Asian refiners
Business|Economy|Political|US

Trump says tariff may cause short-term disruption

U.S.

Trump says tariff may cause short-term disruption
Americas|Business|Economy|Political|US

Trump's Mexico tariff threats: what has been said and what would the impact be?

If U.S.

Trump's Mexico tariff threats: what has been said and what would the impact be?
Americas|Economy|Political|US

Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes

President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move against Canada and Mexico as soon as Saturday

Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
Americas|Economy|Political|US|World

Trump says US will impose sanctions against Colombia over repatriation flights

President Donald Trump on Sunday said the United States would impose wide-ranging sanctions and impose tariffs against Colombia over its refusal to accept U.S. military aircraft with

Trump says US will impose sanctions against Colombia over repatriation flights
Business|Economy|Political|US

US consumer sentiment ebbs in January; 12-month inflation expectations rise

U.S. consumer sentiment weakened in January for the first time in six months amid worries about the labor market and potential higher prices for goods if President Donald

US consumer sentiment ebbs in January; 12-month inflation expectations rise
Business|Economy|Political|US

Aerospace suppliers scramble to cushion blow of looming Trump tariffs

Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to

Aerospace suppliers scramble to cushion blow of looming Trump tariffs
Business|Economy|Finance|Political|US

Trade, tariffs, energy - markets react to Trump's return to office

Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump returned to the White House.

Trade, tariffs, energy - markets react to Trump's return to office
Economy|Election|Political|US

Fact check: Trump made more than 20 false claims in his Inauguration Day remarks

Fact check: Trump made more than 20 false claims in his Inauguration Day remarks

Fact check: Trump made more than 20 false claims in his Inauguration Day remarks
Economy|Election|Environment|Political|US

Do US adults support Trump's Day 1 actions? Here's what polling shows

President Donald Trump is beginning to fulfill pledges to crack down on immigration and restore “energy dominance.”

Do US adults support Trump's Day 1 actions? Here's what polling shows
Americas|Business|Economy|Europe|US

France's cognac makers lift US exports ahead of Trump inauguration, data shows

French cognac makers increased shipments to the United States in December, trade data showed, as distributors fill up their stocks to prepare for possible new

France's cognac makers lift US exports ahead of Trump inauguration, data shows
Economy|Finance|Political|Stock Markets|US

Trump's US presidency return ushers in new era of volatile markets

Donald Trump's inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving quickly on a wide swath

Trump's US presidency return ushers in new era of volatile markets

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