Mar 06 Watch 5:47 As Trump delays tariffs on Mexico and Canada, businesses brace for repercussions By Geoff Bennett, Jackson Hudgins President Trump has temporarily suspended new tariffs on most goods coming into the U.S. from Mexico and Canada, two days after he set them into motion. The delay gives both countries a one-month reprieve. But the beginnings of what seems… Continue watching
Mar 06 Watch 8:58 What to know about Trump’s cryptocurrency plans and a potential conflict of interest By Paul Solman, Diane Lincoln Estes President Trump is holding the first crypto summit at the White House Friday, featuring investors, CEOs and founders of crypto companies. Many in that world also hope Trump spells out a clearer path involving little regulation in the future, while… Continue watching
Mar 06 WATCH: Trump signs orders postponing some tariffs on imports from Mexico and Canada By Christopher Rugaber, Josh Boak, Associated Press President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. Continue reading
Mar 06 Holiday toys may cost more by fall thanks to new U.S. tariffs on Chinese imports By Anne D'Innocenzio President Donald Trump's changing statements and policies on tariffs have made it challenging for toy companies to plan accordingly. Continue reading
Mar 06 Mortgage rates have eased. Here’s why it could still be tough for many to afford a home By Alex Veiga, Associated Press The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook… Continue reading
Mar 06 Why Trump’s delay on auto tariffs won’t be enough to shield U.S. automakers from challenges By Alexa St. John, Associated Press President Donald Trump's short reprieve for U.S. automakers from stiff tariffs on imports from Mexico and Canada isn't likely to allow enough time for those companies to make the changes necessary to minimize the damage from Trump's intensifying trade war. Continue reading
Mar 06 Trudeau says trade war between Canada and U.S. expected for the ‘foreseeable future’ By Rob Gillies, Associated Press Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s plan to impose retaliatory tariffs would remain in place for now. Continue reading
Mar 05 Watch 4:30 News Wrap: Trump spoke to automakers before pausing tariffs, officials say In our news wrap Wednesday, President Trump spoke with major automakers before announcing a one-month pause on new tariffs for vehicles coming to the U.S. from Canada and Mexico, severe weather is battering a large chunk of the U.S., LA… Continue watching
Mar 05 China targets economic growth of ‘around 5 percent’ despite looming trade war with U.S. By Simina Mistreanu, Ken Moritsugu, Associated Press The Chinese government unveiled an annual economic growth target of “around 5 percent” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home. Continue reading
Mar 05 Novo Nordisk cuts Wegovy prices, following Eli Lilly on Zepbound By Associated Press The new monthly price of $499, down from $650, takes effect immediately. Continue reading