Tariff
Family offices rattled by market swings and tariffs
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. While family offices pride themselves on investing for the long term, this week’s tariff volatility and confusion around government […]
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U.S. eyes zero tariff on cars in India trade deal as Tesla entry nears, Reuters reports
Indian Prime Minister Narendra Modi and US President Donald Trump hold a joint press conference in the East Room of the White House in Washington DC, United States on February 13, 2025. (Photo by Nathan Posner/Anadolu via Getty Images) Nathan Posner/Anadolu | Anadolu | Getty Images The United States wants India to eliminate tariffs on car imports under […]
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Jack Daniel’s maker says Canada pulling U.S. alcohol off shelves ‘worse than tariff’
The LCBO removes US products off the shelves on the first day of the trade war instigated by Donald Trump’s Administration in Toronto, Ontario. Nick Lachance | Toronto Star | Getty Images Jack Daniel’s maker Brown-Forman‘s CEO Lawson Whiting said on Wednesday Canadian provinces taking American liquor off store shelves was “worse than a tariff” […]
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Trump grants automakers one-month exemption from tariffs
In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images The White House on Wednesday announced a one-month North American tariff exemption for automakers after President Donald Trump spoke a day earlier with heads of General […]
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Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund: Reuters
Michael Grimes, head of global technology investment banking at Morgan Stanley, smiles while speaking to freshman students enrolled in the Management, Entrepreneurship, and Technology (M.E.T.) program during an orientation at the University of California-Berkeley campus in Berkeley, California, U.S., on Friday, Aug. 17, 2018. David Paul Morris | Bloomberg | Getty Images Star technology investment […]
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Trump tariffs live updates: U.S. could exclude auto industry, White House expected to make announcement
Bloomberg: U.S. weighing one-month delay on auto tariffs The U.S. administration is considering delaying tariffs on automobiles from Mexico and Canada by one month, Bloomberg News reported, citing people familiar with the matter. Administration officials met with the heads of Ford, General Motors and Stellantis on Tuesday, with another meeting set for Wednesday, the Bloomberg […]
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NHL commissioner says league could be affected by U.S.-Canada tariffs
National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the U.S. and Canada. Bettman said 25% of the league’s revenue comes from its Canadian clubs. Though he said the Canadian teams perform well, Bettman added that there could be ramifications for the league depending on […]
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Apple unveils new MacBook Air models with $100 price cut despite tariffs
Apple’s M4 MacBook Air in a marketing photograph. Apple Apple on Wednesday announced new MacBook Air models that update the company’s bestselling laptop with a faster M4 chip and an upgraded videoconferencing camera. The computers also got a $100 price cut in the U.S., despite tariffs by President Donald Trump that took effect on Tuesday […]
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Canada requests WTO consultations with U.S. over ‘unjustified tariffs’, says ambassador
Canada’s Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa, as Foreign Minister Melanie Joly (L) and Minister of Finance and Intergovernmental Affairs Dominic Leblanc look on. Dave Chan | Afp | Getty Images Canada has requested consultations with the […]
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CNBC Daily Open: Tariff fears wipe off election gains, ignite stagflation worries
U.S. President Donald Trump arrives to address a joint session of Congress at the U.S. Capitol on March 4, 2025, with U.S. Speaker of the House Mike Johnson and Vice President JD Vance behind him. Win Mcnamee | Via Reuters U.S. President Donald Trump’s 25% tariffs on Canada and Mexico, and an additional 10% on […]
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