Trade
Trump pledges auto, pharma tariffs in ‘near future,’ sowing more trade confusion
U.S. President Donald Trump, U.S. Secretary of State Marco Rubio and Tesla CEO Elon Musk attend a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters President Donald Trump on Monday said he will soon announce tariffs targeting automobiles, pharmaceuticals and other industries, signaling his plans to […]
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South Korea’s Hyundai to announce $20 billion U.S. investment
The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans. The plant is set to hire roughly 1,500 […]
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Op-ed: The groupthink mind virus has taken over Wall Street and Washington in the worst way
US President Donald Trump, alongside Secretary of Treasury Scott Bessent (L) and Secretary of Commerce nominee Howard Lutnick (R), signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC. Jim Watson | Afp | Getty Images What happens when […]
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Trump says ‘there’ll be flexibility’ on reciprocal tariffs
U.S. President Donald Trump delivers remarks in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters President Donald Trump on Friday said there will be “flexibility” on his reciprocal tariff plan, even as he seemed to oppose the idea of making exceptions for the forthcoming duties. […]
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Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Related Group CEO Jon Paul Pérez. Courtesy of Future Proof and Triangle BLVD Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group. President Donald Trump has imposed 25% tariffs on […]
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Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing workers are pictured exiting a gate below an image of a Boeing 737-800 aircraft as Boeing’s 737 factory teams hold the first day of a “Quality Stand Down” for the 737 program in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty Images Boeing‘s cash burn is easing this quarter and […]
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Why uncertainty makes the stock market go haywire
Key Points Investor uncertainty have led to volatile trading in the stock market. They are unnerved by see-sawing Trump administration policy positions, most importantly on tariffs, experts said. Investors don’t know how policy will impact corporate profits, experts said. Source
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Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump’s top economic aide on Monday warned of more economic uncertainty stemming from the United States’ evolving tariff agenda. “Absolutely, between now and April 2, there’ll be some uncertainty,” National Economic Council director Kevin Hassett said on CNBC’s “Squawk Box,” referring to the date on which Trump says he will unveil “reciprocal” tariff […]
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Elon Musk’s SpaceX, Tesla lobby Trump trade rep on tariffs
Tesla CEO Elon Musk looks on next to U.S. President Donald Trump talking to the media, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump […]
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‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump
Canada’s new Prime Minister Mark Carney, with members of his government standing behind him, speaks during a press conference following a swearing-in ceremony of the new Canada’s government in Ottawa, Ontario, Canada, March 14, 2025. Blair Gable | Reuters Canada’s new prime minister quickly rebuked President Donald Trump on Friday of the idea that his […]
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