We start in Brussels where EU leaders yesterday put on a show of solidarity with Volodymyr Zelenskyy at a summit designed as a riposte to the hostile treatment of the Ukrainian president by the Trump administration in the US.
Shares of the world’s largest automakers, including Chevrolet-maker General Motors (GM) and Dodge-maker Stellantis (STLA), were hit hard at the
President Donald Trump says he plans to impose tariffs on Canada and Mexico starting next Tuesday, in addition to doubling the 10% universal tariff charged on imports from China.
Stocks are falling again on Wall Street as companies and investors react to President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners. The S&P 500 dropped
China on Friday vowed to take "all necessary countermeasures" after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports.
Next, Trump moved to exclude automobiles from the measures. And then on Thursday — two days into the new tariffs — Trump reversed course and said he would delay tariffs on many Canadian and Mexican goods until April 2. (Trump also has boosted tariffs on China by 10%, with retaliation by China expected in the coming days.)
Moosehead Breweries said it's now selling the "Presidential Pack," of 1,461 cans of its Canadian Lagers, one for every day of Trump's remaining term.
President Donald Trump teased that tariffs could climb higher over time while responding to Maria Bartiromo's questions about business leaders' desire for predictability.
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Plus: President Trump's sweeping freeze on federal funding has been hit with another legal blow. | A deadline looms to avoid a government shutdown.
Starting just past midnight Tuesday, imports from Canada and Mexico are now taxed at 25%, with Canadian energy products getting tariffed at 10%.
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