Dec 03 Watch 9:28 Bank of America CEO on interest rates, tariffs and Trump’s second term By Geoff Bennett The U.S. economy continues to perform well by many measures. Retail spending was up notably around Black Friday, markets are at or near record levels and unemployment remains low. And yet, most Americans have long felt the economy is not… Continue watching
Nov 30 Trump threatens 100 percent tariff on BRICS nations if they try to undermine U.S. dollar By Fatima Hussein, Associated Press His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Continue reading
Nov 30 Trudeau flies to Florida to meet with Trump in response to threat of tariffs on Canadian exports By Rob Gillies, Fatima Hussein, Associated Press Canadian Prime Minister Justin Trudeau flew to Florida on Friday to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products. Continue reading
Nov 29 Trump has called for U.S. ‘energy dominance’ but is likely to hit real-world limits By Matthew Daly, Associated Press Donald Trump is creating a National Energy Council that he says will establish U.S. "energy dominance" around the world, but the president-elect's energy wishes are likely to run into real-world limits. Continue reading
Nov 28 Mexico’s President Sheinbaum says she is confident tariff war with Trump can be averted By Associated Press Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted after a phone call with U.S. President-elect Donald Trump… Continue reading
Nov 28 Trump’s tariff threats jeopardize avocados, tequila and other iconic Mexican products By Armando Solís, Associated Press In western Mexico, few crops are as important as avocados. But avocado growers, pickers and packers worry that U.S. consumers facing higher prices might just skip the guacamole. Continue reading
Nov 26 Watch 8:05 A look at Trump’s tariffs and the economic consequences for consumer prices and businesses By William Brangham, Azhar Merchant President-elect Trump is wasting no time when it comes to making good on his promise to impose tariffs on foreign nations. He announced he would slap major new tariffs on Mexico, Canada and China on his first day in office. Continue watching
Nov 26 Trump’s tariffs could speed up China’s shift to new markets and offshore factories By Simina Mistreanu, Ken Moritsugu, Associated Press President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S. Continue reading
Nov 26 Mexico’s president says she may impose tariffs to retaliate against any Trump tariffs By Associated Press Mexico could retaliate with tariffs of its own after U.S. President-elect Donald Trump threatened to impose 25% tariffs on Mexican goods. Continue reading
Nov 26 What does Trump’s latest tariff plan mean for the U.S.? By Paul Wiseman, Associated Press On Monday, Trump sent shockwaves across the nation's northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs. Continue reading