Mar 26 WATCH: Trump announces new 25 percent tariff on imported autos By Josh Boak, Associated Press President Donald Trump said Wednesday he was placing 25 percent tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. Continue reading
Mar 24 Carney laments Canada's lost friendship with U.S. in town that sheltered Americans after 9/11 By Rob Gillies, Associated Press Canadian Prime Minister Mark Carney has lamented Canada’s lost friendship with the United States as he visited the town that sheltered thousands of stranded American airline passengers after the 9/11 attacks. Continue reading
Mar 24 How this U.S. border town is grappling with Trump's trade war with Canada By Sally Ho, Associated Press Locals and visitors alike in Point Roberts, Washington, are increasingly worried about how this unusual waterfront border town that has embodied the two countries’ interdependency can survive the hostility brewing on both sides. Continue reading
Mar 19 WATCH: Fed keeps interest rate unchanged, sees slower growth, higher inflation ahead By Christopher Rugaber, Associated Press The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday. Continue reading
Mar 17 Tariffs on lumber, appliances set stage for higher costs on new homes and remodeling projects By Alex Veiga, Mae Anderson, Associated Press The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential… Continue reading
Mar 13 Trump threatens 200% tariff on European wine and Champagne after EU proposes American whiskey tax By Aamer Madhani, Josh Boak, Associated Press American retailers say President Donald Trump's threatened 200% tariff on European wine would harm consumers. Continue reading
Mar 12 Watch 4:36 Canada and EU announce retaliatory tariffs, escalating Trump's trade war By Stephanie Sy, Jonah Anderson, Azhar Merchant The trade war between the U.S. and dozens of countries escalated yet again Wednesday. Canada and the European Union announced their own tariffs designed to inflict economic pain and pressure on America. But President Trump said he would not be… Continue watching
Mar 12 Watch 7:04 'None of us will benefit' from tariffs but 'we had to react,' EU ambassador says By Amna Nawaz, Dan Sagalyn The European Union and Canada announced retaliatory tariffs on the U.S., escalating President Trump's Trade war. The EU said it will raise tariffs on American beef, poultry, bourbon, peanut butter and jeans. Amna Nawaz discussed the developments with Jovita Neliupšienė,… Continue watching
Mar 12 Trump's steel and aluminum tariffs meet swift retaliation from Canada and the EU By Lorne Cook, David McHugh, Rob Gillies, Associated Press Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon. Continue reading
Mar 12 How steel and aluminum are a fundamental part of American life By Dee-Ann Durbin, Anne D'Innocenzio, Associated Press Steel and aluminum are ubiquitous in Americans’ lives. A stainless steel refrigerator holds aluminum soda cans. Continue reading