Mar 10 Trump has touted Gilded Age tariffs, an era which saw industrial growth together with poverty By Will Weissert, Associated Press The desire to recreate the Gilded Age is fueled by Trump’s fondness for tariffs. It’s also why he praises the nation’s 25th president, William McKinley, a Republican who was in office from 1897 until being assassinated in 1901. Continue reading
Mar 10 Canada's new leader has managed a financial crisis and Brexit, now will face Trump's trade war By Rob Gillies, Associated Press Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday in a landside vote with 85.9 percent support. Continue reading
Mar 09 Trump doesn't rule out recession while downplaying business concerns about his tariffs By Zeke Miller, Associated Press President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. Continue reading
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: 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 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 06 For a second time, Trump delays tariffs on most goods from Mexico By Christopher Rugaber, Associated Press Trump's announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would "likely" be delayed. 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