Apr 01 Watch 4:13 Businesses brace for Trump's new tariffs while Senate Democrats try to push back By Geoff Bennett, Shrai Popat, Kyle Midura The American public and U.S. trading partners are waiting for President Trump’s new set of tariffs, a plan he says is finalized and will be revealed on Wednesday. Trump's first two months back in office have seen him implement tariffs… Continue watching
Apr 01 Watch 10:42 How efforts to send Haiti cheap rice made it hard for the nation to produce its own By Marcia Biggs As the U.S. sees new tariffs, we look at how they can make or break an economy. In Haiti, U.S. policies forced the government to bring down tariffs on foreign goods, allowing American farmers to export crops cheaply. That made… Continue watching
Apr 01 European Union official warns it has a 'strong plan to retaliate' against Trump's tariffs By Associated Press European Commission President Ursula von der Leyen says the EU “holds a lot of cards” when it comes to dealing with the Trump administration’s new tariffs and has a good plan to retaliate if forced to. Continue reading
Mar 31 Trump plans to launch more tariffs on April 2. Here's what it could mean for you By Josh Boak, Associated Press President Donald Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. Continue reading
Mar 31 Watch 7:42 Examining Trump's claims that tariffs will revitalize American manufacturing By Paul Solman, Ryan Connelly Holmes The impact of tariffs is starting to become real and more are on the way. One of the biggest questions around President Trump's approach is whether it can help revitalize American manufacturing. Economics correspondent Paul Solman breaks that down. Continue watching
Mar 31 WATCH: White House says Trump's signing of 'Liberation Day' tariffs will be first Rose Garden event By Associated Press President Donald Trump will unveil plans to place reciprocal tariffs on nearly all U.S. trading partners on Wednesday. Continue reading
Mar 31 Half of Americans approve of Trump on immigration but support is weaker on trade, AP-NORC poll says By Amelia Thomson-Deveaux, Linley Sanders, Associated Press The survey finds about half of U.S. adults approve of the Republican president's approach to immigration but only about 4 in 10 have a positive view of the way he’s handling the economy and trade negotiations. Continue reading
Mar 30 Watch 5:49 How Trump's steep tariffs on imported vehicles may affect car prices and the auto industry By Lisa Desjardins, Harry Zahn Some car buyers have been rushing to showrooms across the country this weekend, as automakers brace for Trump’s 25 percent tariffs on vehicles and auto parts made outside the United States. The tariffs kick in on Thursday and could raise… Continue watching
Mar 28 S&P 500 drops 2 percent amid worries about slower economy, higher inflation By Stan Choe, Associated Press Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war. Continue reading
Mar 27 Watch 6:50 How automakers are navigating Trump's tariffs on imported vehicles and parts By Amna Nawaz, Jackson Hudgins Foreign leaders in Europe, Canada and Asia sharply criticized President Trump’s announcement of 25 percent tariffs on imported cars and car parts. Nearly half of all passenger vehicles sold in the U.S. last year were assembled outside the country and… Continue watching