Trade
Live updates: Trump tariff plans finalized as U.S. trade partners brace for impact
New tariffs will take effect ‘immediately’ Trump’s new tariffs will take effect “immediately” after he announces them in the Rose Garden, White House press secretary Karoline Leavitt said Tuesday. The timeline offered a morsel of clarity about the reciprocal tariff plan, which remains highly opaque just hours before it is set to be unveiled. — […]
Read More
Tariffs will likely raise much less money than White House projects, economists say
Key Points White House trade adviser Peter Navarro estimated the U.S. would raise about $600 billion to $700 billion a year from tariffs. Economists say the true number will probably be less than half of that sum. Much depends on the actual policies, though. President Donald Trump is preparing to unveil more tariffs against trade […]
Read More
Trump’s tariff gambit will raise the stakes for an economy already looking fragile
U.S. President Donald Trump speaks alongside entertainer Kid Rock before signing an executive order in the Oval Office of the White House on March 31, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term, wagering that broad-based tariffs on […]
Read More
Trump’s upcoming tariffs ‘will be effective immediately,’ White House says
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’s forthcoming tariffs will take effect right after they are unveiled on Wednesday, the White House said. “My understanding is that the tariff announcement will come tomorrow. They […]
Read More
Airline stocks slide more as concerns grow over consumers’ travel appetite
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down roughly 5% in morning trading […]
Read More
White House considering roughly 20% tariff on most imports, report says
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 White House aides […]
Read More
Trump tariffs jolt Asian automakers — Toyota likely set for most pain
Brand new Toyota cars are displayed on the sales lot at Hanlees Hilltop Toyota on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images Newly announced U.S. tariffs on auto imports have rattled Asian automakers, pressuring companies ahead of the implementation of the duties later in the week. U.S. President Donald Trump last […]
Read More
‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Fast Money ‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs Published Mon, Mar 31 20256:54 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
Read More
Meet the ‘Dirty 15’ countries that could be hit hardest by Trump’s tariffs
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump is about to announce his biggest […]
Read More
Trump says reciprocal tariffs will ‘start with all countries,’ rejects narrower launch
US President Donald Trump speaks to the press aboard Air Force One before arriving at Palm Beach International Airport in West Palm Beach, Florida, on March 28, 2025. Brendan Smialowski | AFP | Getty Images President Donald Trump said that his “reciprocal tariffs” plan will target all other countries when they are unveiled Wednesday, injecting […]
Read More