Mexico
New tariffs could raise home prices and sideline potential buyers
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices. Now tariffs on building materials are adding even more pressure. Roughly 30% of softwood lumber consumed in the U.S. is imported, largely from Canada. Wallboard, known as […]
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Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn
Shana Novak | Stone | Getty Images President Donald Trump’s steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise healthcare costs for patients and threaten cash-strapped generic drugmakers, some drug trade groups warn. Trump on Saturday announced he would impose a 25% tariff on nearly all goods shipped […]
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If Canada, Mexico & China retaliate, these big U.S. exporters could be hurt the most
Retaliatory tariffs from the U.S.’s major trading partners may be set to hurt some stocks more than others. Stocks briefly reeled Monday from the threat of President Donald Trump’s newly imposed tariffs. On Saturday, Trump levied a 25% tariff on goods imported from Canada and Mexico, 10% on Canadian oil and 10% on Chinese imports. […]
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Trump tariffs on Mexico to be paused one month, Sheinbaum says, as she announces troop border deployment
Mexico’s President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump’s policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero Henry Romero | Reuters Mexico President Claudia Sheinbaum said Monday that the United States has agreed to pause for one month the implementation of […]
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Stocks that are getting hit the most from Trump’s tariffs Monday include GM, Chipotle and Canada Goose
U.S. President Donald Trump hold up an executive order, “Unleashing prosperity through deregulation,” that he signed in the Oval Office on January 31, 2025 in Washington, D.C., while also speaking to reporters about tariffs against China, Canada and Mexico. Chip Somodevilla | Getty Images News | Getty Images The U.S. stock market was rocked as […]
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Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets
TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs on Mexico, Canada and China, kicking off a trade war […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Trade tailspin 2. Tariff tremor U.S. President Donald Trump speaks with members of the media as he departs the White House, in Washington, U.S., Jan. 31, 2025. Carlos Barria | Reuters Trump slapped 25% tariffs on goods from Canada […]
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Putin says Europe will ‘stand at the feet of the master’ as Trump’s tariffs alarm allies
Russian President Vladimir Putin smiles during his meeting with workers, while visiting the AvtoVAZ automobile plant, January 28, 2025, in Togliatti, Russia. Contributor | Getty Images News | Getty Images Russia’s Vladimir Putin warned Europe will quickly “stand at the feet of the master” after U.S. President Donald Trump imposed tariffs on Canada, Mexico and […]
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Global auto stocks plunge as Trump tariffs spark trade war concerns
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images Shares of auto giants fell sharply on Monday, after U.S. President Donald Trump imposed long-threatened tariffs […]
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EU leaders meet to talk defense but Trump and his tariffs loom large
EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters European leaders are gathering Monday to discuss how to finance huge investments in defense — but the latest moves by U.S. President Donald Trump will loom large over the meeting. Over the weekend, Trump […]
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