Tag: tariffs

March 28, 2025

Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

March 26, 2025

Auto stocks including General Motors and Stellantis tumbled as manufacturers awaited President Trump’s latest tariff announcement on Wednesday. The Dow ...

Olympus Partners Fund VIII raises $3.5 billion, CEO warns of trade war storm

March 26, 2025

Olympus Partners has $4 billion to invest after the middle market private equity firm wrapped up fundraising for its latest ...

Trump plans his tariff ‘Liberation Day’ with more targeted push

March 22, 2025

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, ...

CEO of $30 billion homebuilding empire sees ‘weaker-for-longer’ housing market

March 22, 2025

Scott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis

March 18, 2025

Treasury Secretary Scott Bessent said he was not worried about the stock market, as the S&P 500 faced its first ...

Trump’s 25% tariffs on steel and aluminum imports force up prices for American necessities from soda cans to airplanes

Aluminum tariffs will force small brewers to pay more for cans even as steel tariffs drive up the cost of ...

Tariffs could destroy the U.S. economy but the wealthy 1% could still end up richer

Walmart’s answer to tariffs was to pressure Chinese suppliers to lower costs. A supply-chain expert says the Chinese government will not take that lightly

One of the ways Walmart plans to navigate tariffs on Chinese imports is by getting suppliers to lower their costs. ...

Corporate gloom deepens as new Trump tariffs take effect

LONDON (Reuters) - Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of ...

Larry Summers says there is a ‘real possibility’ of a recession, which he calls the result of a ‘self-inflicted wound’

Trump says William McKinley ‘made our country very rich through tariffs.’ But the 25th president changed his mind on tariffs after realizing ‘friendly trade relations will prevent reprisals’

March 10, 2025

"People did not regard this as a particularly healthy economy,” one historian said about the Gilded Age. Read More Source ...

U.S. tariffs threaten to put European delicacies, from Champagne to Parmigiano, out of Americans’ reach, conjuring a 1960s throwback

March 10, 2025

“There is a whole public of people in the U.S. that seems to need the culture of Europe,” a French ...

Canada’s next prime minister managed the 2008 financial crisis and Brexit—and now Trump’s trade war

March 10, 2025

“We didn’t ask for this fight. But Canadians are always ready when someone else drops the gloves,” incoming PM Mark ...

How Trump’s Tariffs Will Impact Black Americans

March 9, 2025

by Mitti Hicks March 4, 2025 Civil rights leaders say Black Americans and marginalized communities will be impacted the most. ...

As Canadian provinces ditch U.S.-made alcohol, Jack Daniel’s bemoans the ‘very disproportionate response’: ‘It’s literally taking your sales away’

March 7, 2025

The Liquor Control Board of Ontario will pull American-made alcohol from shelves in grocery stores, bars, and restaurants, amid Trump’s ...

Stocks sink as tariff back-and-forth roils trading: markets wrap

March 6, 2025

The S&P 500 lost 2% and the Nasdaq 100 sank 3%, with the tech-heavy gauge on the brink of a ...

Trump tariffs could ‘wipe out’ profits for GM, Stellantis, and Ford, says analyst—but Tesla might be safe

March 4, 2025

If left in place, such high import duties would make Detroit's North American-centric business structurally unprofitable, warns Barclays investment bank. ...

Trudeau accuses Trump of sidling up to Russia and blasts new tariffs: ‘Donald, this is a very dumb thing to do’

March 4, 2025