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The Latest: Canada’s prime minister promises retaliatory tariffs as negotiations with the US falter
President Donald Trump’s 50% tariffs on scores of Canadian imports kicked in Saturday.
Canadian dollar dips after US-Canada talks collapse into trade war; oil prices fall ahead of US sanctions on Iran
Washington imposes 50% tariffs on Canadian goods including fishing rods and hockey sticks, while Canada retaliates with levies on US steel and electronics
U.S.-Canada Trade Talks Collapse, Sparking Tariffs and Political Fallout in Wisconsin
Trade talks between the U.S. and Canada collapsed late Friday. In response, Canadian Prime Minister Mark Carney put the brakes on negotiations, accusing the U.S. of pushing for “unfair” and “uneconomic” terms.
U.S. Economy Could Feel the Sting From Trade War With Canada
A tit-for-tat trade fight between the two allies could create new headaches for consumers and businesses already stung by high prices.
Tariffs raised prices you paid. But most businesses won’t be passing tariffs refunds back to you
Tariff refunds were a windfall for US businesses in their most recent quarter. But for American consumers, not so much.
Canada to impose retaliatory tariffs across a raft of US sectors, Carney says
The tariffs will take effect Sept. 8, Canada's prime minister said.
Your favorite Canadian products hit by Trump's latest tariffs
President Donald Trump's new 50% tariffs on Canadian goods impact whisky, dairy products, hockey gear, and many other products.
U.S. imposes 50% tariffs on $20 billion worth of Canadian products
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
U.S. imposes 50% tariffs on $20 billion worth of Canadian products
President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
US-Canada trade negotiations suspended, Carney vows dollar-for-dollar retaliation against Trump's 50% tariffs
Canadian Prime Minister Mark Carney suspended trade negotiations with the U.S. and announced retaliatory tariffs after calling Trump's last-minute proposed terms unfair.
No deal reached in U.S.-Canada trade talks as 50 percent tariffs take effect
The U.S. will impose new tariffs on Canada after the two countries failed to reach a deal.
Canadian prime minister suspends trade talks with U.S., setting new 50% tariffs in motion
The import taxes will apply to hockey sticks, building materials, liquors and certain kinds of clothing.
The tariff math turns negative as refunds outpace revenue
The Trump administration’s tariff policy has resulted in substantial refunds and continued uncertainty about tariff revenue, Fortune reports. In May 2026, the Treasury refunded approximately $21.97 billion in tariffs while collecting about $21.93 billion. In June, refunds increased to $49.18 billion compared with $23.63 billion in new tariff collections, resulting in negative net customs revenue […]
President Donald Trump announces plan to lower beef prices, but some Republicans are already balking
President Donald Trump has announced his administration will temporarily allow more beef imports into the U.S. without triggering higher tariffs.
Trump’s tariff strategy has changed. But his goal hasn’t
Less than two hours before yet another midnight tariff deadline, President Donald Trump backed off late Tuesday from his threat to impose steep tariffs on Canadian goods.
Trump says U.S. and Canada have a trade deal, but key terms remain unclear
For now, the tariffs have been postponed until 12:01 a.m. Saturday
Trump says tariffs on Canadian imports delayed
The announcement, which Trump made on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies.
Canada battles the clock, politics in scramble to avert Trump’s tariffs
Canadian officials are making a last-ditch effort to negotiate a reprieve from 50-percent tariffs.
Canadian business braced for 50% US tariffs
US-Canada trade talks go down to the wire, plus Japanese growth figures and a UK inflation update
How Iowans feel about Trump's tariffs, Canada's treatment as Republicans vie for support
Much like the Calgary Stampede in Canada, the Iowa State Fair is a crucial stop for politicians to meet voters, making it a hotbed for political debates — especially when U.S. midterms are coming up. And this year, one of the topics on Iowans' minds is U.S. President Donald Trump's trade war.
Court rules against Detroit Axle over Trump tariffs
The U.S. Court of International Trade’s opinion validated the president’s elimination of the “de minimis” tariff exemption for goods valued at $800 or less.
Small Businesses Despise Trump’s Tariffs
Mere hours after the Trump administration's latest tariff scheme launched on July 24, the government was sued again by the same small businesses that had already defeated prior White House tariff shenanigans, most notably at the Supreme Court. As Bloomberg Law reported, these companies are part of an “increasingly vocal cohort of business owners who emerged as the face of mom-and-pop tariff resistance.” What about Walmart Inc., Ford Motor Co. and the other titans of corporate America paying many
Brazil Explores Retaliatory Options Against New US Tariffs
Brazilian President Luiz Inacio Lula da Silva had previously pledged to invoke the Reciprocity Law if Washington imposed the new duties.
Businesses feel the strain as the deadline for Trump's 50% Canadian tariff approaches
If President Trump's threatened 50% tariffs go through later this month, construction businesses that rely on materials imported from Canada are among those that will suffer.
White House says more than 40 nations help China dodge tariffs
A new White House report says that China sends billions of dollars worth of goods to the U.S. via third countries in order to skirt Trump's high tariffs.
Trump White House says it's losing $19B-$26 billion a year in revenue as countries dodge tariffs
The report specifically highlights that China responded to new tariffs in 2018 by sending their goods to other nations ranging from Mexico to Malaysia for packaging and limited assembly — a practice known as transshipping.
Nebraska business leaders push congressional delegation for stability, predictability
Nebraska business leaders are calling for greater predictability in trade and regulatory policy, citing concerns that broad-based tariffs could raise production costs and threaten future investment.
Mercosur is at risk from US tariffs and politics
Some 35 years ago, at a time of economic and political turmoil in South America, a group of farsighted countries signed the Treaty of Asunción, establishing a common market to promote economic development and social justice through economic integration. Since then, the Southern Common Market, or Mercosur, has increased regional trade and delivered an integrated industrial core that has survived to the benefit of its members, comprising Argentina, Brazil, Paraguay, and Uruguay.
Businesses brace for impact of Trump's tariffs on Canada
50% tariffs on a slew of Canadian goods are scheduled to take effect Aug. 19 unless the two countries strike a deal.
Health Brief: Tariff refunds are rolling in
Medical device companies are getting millions of dollars back from Trump’s overturned tariffs. Now they’re bracing for what comes next.
Cheese industry struggling under weight of tariffs, inflation and war
Rising costs of milk and shipping are impacting makers
How The Global Business Community Is Responding To Tariffs & The Strait Of Hormuz Impasse: Expert
When the Supreme Court blocked a large swath of his tariffs, Trump said his administration had "very powerful alternatives." Now we know what those alternatives are.
Local business braces for increase on Canadian tariffs
Some experts believe those tariffs could have a big impact small and local businesses.
Here's what tariffs have cost our small business
If we are uncertain whether tariffs will rise again, we become even more cautious.
Busy Baby, which became one of the faces of tariff woes, receives $50K tax refund
Oronoco-based importer Beth Benike said the money helps, but the tariffs caused long-term damage to the company.
Costs keep rising, business owners tell Davids, pointing to ‘reckless’ US tariff policies, Iran war
“When tariffs hit local favorites like toy stores and craft shops, it’s Kansas families who end up paying the price at the register,” Sharice Davids said after meeting with small business owners in Prairie Village. “Some of what we’ve been working on in my office is trying to address the reckless tariff policies.”
Wisconsin pharmacist says Trump’s tariffs could end his business
The owner of Fitchburg Family Pharmacy says his pharmacy could close due to Trump’s tariffs on generic drugs.
Trump administration pays back $100bn in 'Liberation Day' tariffs to businesses
It represents roughly 60% of all tariff revenue collected under the policy, with billions still to be repaid.
New York among state suing over Trump’s new tariffs, calling them 'pretext'
The United States last month imposed double-digit tariffs on 59 countries and the European Union.
Senate Panel Will Examine Small Business Pressures
Senate committee investigates tariffs and lending challenges facing small businesses. Hear how rising costs impact Main Street entrepreneurs this week.
25 states sue Trump over new, Section 301 tariffs
Last month, the president imposed tariffs on more than 80 U.S. trading partners, saying they failed to ban imports made with forced labor
25 states sue over Trump administration's latest tariffs, citing Supreme Court ruling
The United States last month imposed double-digit tariffs on 59 countries and the European Union, charging that they had not done enough to crack down on imports produced by forced labor.
California sues Trump to block latest tariffs, sharing of needy families' data with ICE
California sued the Trump administration twice Monday, to block President Trump’s latest round of tariffs and to block his administration from sharing needy families’ personal data with immigration officials.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
For most US small businesses, Trump’s tariffs aren’t the big issue they were
Tariffs are annoying and disruptive, but this round is less impactful – and business owners are taking them in their stride
Small businesses squeezed by Trump's tariffs turn to risky cash advances
Trump’s tariffs are squeezing some small businesses, and a Fed survey shows more firms applying for merchant cash advances despite steep costs.
Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
During President Donald Trump's rally in Milford, the crowd was adoring. But even some of his ardent supporters said prices are too high and tariffs had caused short-term economic pain.
Business News: Independent Watch Retailer Collective Horology Sues Trump And Administration Over New Tariffs
California watch retailer files suit alongside spice importer against new tariffs it says have been imposed "unlawfully," causing "severe" negative impact on business.
Business journalism studies took her to the White House | UNC Hussman School of Journalism and Media
The story by UNC Hussman alumni Brennan Doherty ’19 and video by John Roberts ’16 (M.A.) was originally published on unc.edu. This story is part of a four-part series on Carolina alumni working in Washington, D.C. Soon after her 2015 graduation from UNC-Chapel Hill, Megan Cassella was an intern for the Reuters news agency, eagerly awaiting and prepping for a special assignment. “Every now and then they needed an intern to run over to the White House last minute,” Cassella said. “You have to send your information the night before, so I started proactively sending my information to the White House every single night to be able to go the next day if they ever needed an intern.” Since then, she’s made many return trips to 1600 Pennsylvania Ave. in a career that’s included roles at Reuters, Politico, Barron’s and now CNBC, where she works as an on-air Washington correspondent. A longtime newswriter, Cassella made the move to TV in 2024, appearing on broadcasts multiple times daily to report on the biggest political and business stories. But the keys to doing a good job — knowing how to research, asking insightful questions, building relationships and explaining complex topics to a broad audience — remain the same. Did you know: Outside of the state of North Carolina, the Washington region is home to the largest concentration of Tar Heel alumni in the country. Cassella’s time as a Tar Heel was crucial in sharpening those skills, both in the UNC Hussman School of Journalism and Media and through roles at student-run publications like The Daily Tar Heel. She excelled in Carolina’s business journalism program with former professor Chris Roush, which led to an internship at The Charlotte Observer and helped Cassella find her journalistic niche. A data journalism course with Associate Professor Ryan Thornburg taught her how to find stories in numbers, and former professor Paul O’Connor’s reporting class took Cassella to the North Carolina Capitol weekly, where she gained invaluable experience interviewing politicians. “Those hands-on experiences that Carolina gave me really kept my interest and have really benefited me since I’ve been up here in D.C.,” said Cassella. “I have UNC to thank for the fact that I even went into business journalism in the first place.” Megan Cassella ’15 “You’ve got to thrive on adrenaline in this job. You’ve got to do well with last-minute changes, with running by the seat of your pants.” Megan Cassella ’15 ‘There’s nothing else like it’ In recent months, Cassella has reported live from the G7 Summit in Geneva, covered the latest developments in the U.S.-Iran war and followed changes to trade policy, including tariffs. “Anything in this realm that influences Wall Street, I’ll be covering,” Cassella said. Her working hours are long and variable. After waking up, Cassella immediately checks her phone to see what news broke overnight. By 8:15 a.m., she usually learns which newscasts she’ll be on, and then she heads to the newsroom, White House or wherever her assignment is. “We want you in the 9 a.m. show and the 11, and then the 3 o’clock show wants you, too,” Cassella said, referring to a hypothetical day. If Cassella gets an exclusive or major news breaks, she might be told, “We want that on TV right now.” Within five minutes, she’d be expected to get to the camera, figure out what to say and deliver the news to a live audience. “It’s exciting. It’s nerve-wracking,” Cassella said. “But there’s nothing else like it.” A well-rounded education Cassella grew up in Maryland, the youngest of four kids. Her oldest brother, Brian Cassella ’05, attended Carolina, became a photojournalist and recently won a Pulitzer Prize. She remembers visiting campus as a young child and loving it. “I just always wanted to go,” she said, and that desire grew when she, like her brother, gravitated toward journalism. But it wasn’t just the journalism school that drew Cassella to Carolina. “It was also the whole liberal arts curriculum,” she said. “Even though I always wanted to be a journalist, I got to college, and I sort of felt I had to think about other things. I had to explore my options and see if that’s what I really wanted.” Did you know: In April UNC-Chapel Hill opened its Carolina in the Capital office in Washington. She combined her journalism schooling with a global studies major and a history minor. That broad range of academic experiences in Chapel Hill molded her, preparing Cassella for a career that’s taken her to the highest levels of political journalism and inside the Oval Office. “When you sit back and remember you’re actually sitting inside the White House and asking questions of the president, it’s a cool feeling,” Cassella said. “No matter who is in office, no matter what administration or party, it’s a privilege to be there.” Megan Cassella on… Being a Tar Heel in Washington: I run into Tar Heels all the time. My husband’s a Tar Heel. We actually met here in Washington, not at Carolina, even though we were the same class. Probably most of our friends are still Tar Heels. Even up here in D.C., we all get together for games and March Madness. And through work, there’s Tar Heels all over the place. It’s often used as a connection. Favorite Franklin Street spot: When we go back, our first stop is always IP3. That’s more my husband’s doing than mine. In college, I was a huge Spanky’s fan. Felt like it was a classic spot. May it rest in peace. Advice to journalism students: Reps, reps, reps! Nothing beats the experience you’ll gain by simply starting to do the work — asking the questions, reporting and writing the stories, doing the TV hits. When you can, go places in person. Talk to more people than you think you’ll need. Read as much as you can, from different sources and on different topics. If you’re not sure how to start your story, that usually means you need more reporting. When you’re not sure, ask.
Under pressure over China backers, Mercedes CEO pledges to defend U.S. business
The U.S. Senate Commerce Committee approved legislation last week to toughen a ban on Chinese automakers entering the U.S. market.
Kingdom K-Pop and More: Clemmons business struggles stem from U.S. tariffs on South Korean goods
Kingdom Kpop and More in Clemmons is seeing more empty shelves than usual, but it's not for the reason most business owners would hope.
WATCH LIVE: Trump expected to tout his economic policies and tariffs in Michigan
President Donald Trump is touting his handling of the economy during a visit to suburban Detroit on Monday, defending sweeping tariffs in a swing state where their effects have hurt many businesses as midterm election season heats up.
Toy company CEO shares how Trump's new round of tariffs could affect business
NPR's Leila Fadel speaks with Jay Foreman of toy importer Basic Fun! about President Trump's latest round of tariffs. The company has paid millions of dollars in import duties under Trump.
Trump's new 50% Canada tariff could shake Maine businesses
President Donald Trump on Monday ordered new trade deal-exempt tariffs on a range of Canadian products, to take effect next month.
Small businesses file lawsuits against Trump's new sweeping tariffs
Experts say it might be tougher to successfully challenge the current round of tariffs than previous rounds.
The unexpected cost of tariffs for some small business owners
When President Trump invokes tariffs - he promises they’ll benefit Americans. But the experience of some small business owners tells a different story. For this week's Reporter's Notebook, Host Debbie Elliott speaks with NPR Business Correspondent Alina Selyukh about what she learned about the unexpected costs small businesses are shouldering.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This episode was produced by Gabriel Sanchez. Our director is Erika Ryan.It was edited by Emily Kopp and Adam Raney.Our interim executive producer is Courtney Dorning.
President Trump just implemented new tariffs. How are small businesses coping?
An NPR business correspondent explains how to cover the complex story of how small businesses are coping with tariffs.
Small businesses file lawsuits against Trump's new sweeping tariffs
Trump’s tariffs are headed to court — again. Two lawsuits filed by small businesses are challenging Trump’s sweeping tariffs announced Thursday that impose double digit levies on 60 trading...
Swiss cheesemakers try to fill hole in sales from US tariffs
The Alpine farmers who make one of Switzerland's most famous cheeses are seeking to fill the hole in sales left by U.S. import tariffs, which have caused demand to plunge in one of their most important export markets.
New Trump Tariffs Increase Uncertainty For Small Businesses
The change in tariff policies that went into effect Friday is distinctly worrying for some small firms, but other say it's business as usual.
Small businesses sue Trump to stop latest wave of tariffs
The Liberty Justice Center challenged Trump’s emergency tariffs last year before the Supreme Court and won a key ruling.
U.S. small businesses file lawsuit challenging Trump's new 'forced labor' tariffs
Two U.S. small businesses on Friday challenged President Donald Trump's latest round of tariffs on goods from 60 trading partners, saying that the new policy, like most of Trump's previous tariffs, went beyond the president's authority to tax imports.
Small Businesses Sue Trump Administration Over Latest Tariffs
The businesses are represented by the Liberty Justice Center, a legal group that has successfully challenged President Trump’s past duties.
U.S. tariff hikes linked to claims of forced labor anger trading partners
The Trump administration late Thursday announced extra tariffs of 10% to 12.5% on 60 countries
Trump’s new tariffs ‘a sales tax that will make life harder for Americans’, say Democrats
Even some Republicans apparently expressing concern over measures against 85 countries
Wall St futures rise after tech rout; Mideast, tariffs in focus
U.S. stock index futures edged higher on Friday after a tech-led selloff in the previous session, as investors weighed fresh earnings, escalating Middle East tensions and a new tariff announcement from the Trump administration.
UK says latest US tariffs mean "no negative change" for British businesses
Britain on Friday said the United States' latest decision to impose tariffs on its trading partners over allegations of lax enforcement of forced labour bans would have no negative effect on UK businesses.
Asian stocks slide as Trump hits more than 80 countries with new tariffs
Rolling coverage of the latest economic and financial news
Trump’s Trade Wars Are Back—Despite the Supreme Court
The president’s proposed use of an obscure Depression-era law shows courts and Congress haven’t curbed Trump’s ambition to impose tariffs at will.
Trump imposes double-digit tariffs on dozens of countries as stopgap 10% levies expire Friday
President Donald Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
Johnny Depp cracks Trump tariff joke during surprise Comic-Con appearance as Ebenezer Scrooge
Johnny Depp surprised fans outside San Diego Comic-Con with an in-character appearance as Ebenezer Scrooge — and cracked a joke about President Trump’s tariffs.
Trump finalizes new tariffs on dozens of countries
"Today's action is the most sweeping international labor rights action the United States has ever taken," an administration official said.
Trump issues new double-digit tariffs on 60 countries
The new tariffs come as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday
Trump issues new double-digit tariffs on 60 countries
The new tariffs come as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday
Trump issues new double-digit tariffs on 60 countries
The new tariffs come as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday
National Democratic PAC announces $17M fall ad buy targeting Ashley Hinson
The campaign ad buy, scheduled for fall, will focus on U.S. Rep. Ashley Hinson's votes related to tariffs, the Iran war and Medicaid cuts.
Get ready for Trump’s tariff Plan C
If at first you don’t succeed, try, try again. That’s exactly what President Donald Trump is doing with tariffs.
Trump trade chief downplays fallout from Canada tariffs: ‘This is business’
U.S. Trade Representative Jamieson Greer testified at a Senate hearing Wednesday before flying to Mexico City for more talks on the U.S.-Canada-Mexico agreement.
N. Y. contractors brace for impact of new Canada tariffs
The current questions around tariffs are being piled on top of the effects of the COVID-19 pandemic, inflation and previous tariffs.
Trump’s latest Canada tariffs raises concerns about Ohio economy
The tariff threatens to trigger a trade war with the U.S.’s second-largest trading partner—and Ohio’s largest.
Trump’s latest Canada tariffs raises concerns about Ohio economy
The tariff threatens to trigger a trade war with the U.S.’s second-largest trading partner—and Ohio’s largest.
Whiskey industry warns against new tariffs on Canada
The White House defends the new tariffs as leveling the playing field for U.S.-produced spirits, cars and dairy products
Trump's 50% Canada tariffs risk higher prices and fresh political fallout
President Donald Trump has imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products
US Treasury's Bessent tells Fox Business 50% Canada tariffs are 'reciprocity'
U.S. Treasury Secretary Scott Bessent said on Tuesday that the 50% tariffs on a range of imports from Canada were "reciprocity" for trade actions by Ottawa on U.S. dairy, alcohol and beverages.
Canada ready to ‘intensify’ trade talks as Trump orders new tariffs
PM Mark Carney says Canada has made proposals to resolve dispute as tariffs are due to be imposed on wide range of goods
Nintendo says it has no legal duty to pass its U.S. tariff refunds on to consumers
Nintendo is asking a court to dismiss a proposed class action suit that was filed this past spring by gamers who say the Mario maker is breaking the law if it doesn’t pass on its U.S. tariff refunds to consumers. Those consumers “received exactly what they bargained and paid for” when buying price-hiked Nintendo goods last year, the company said in a filing on Monday in the case of Hoffert et al v. Nintendo. “Plaintiffs are not entitled to a rebate simply because of intervening legal developments related to tariffs.” Nintendo increased the price of Switch 2 controllers and the original Switch last year, following the imposition of globe-spanning U.S. tariffs (tariffs described by Nintendo’s lawyers on Monday as “sweeping” and “constantly changing”). This past February, the U.S. Supreme Court ruled that the tariffs were illegal. A month later, Nintendo sued the U.S. government to get a refund. And in April, gamers filed the class action claim against Nintendo in Washington, saying it would be illegally double-dipping if it made money from tariff-hiked sales and then from a refund. The gamers sought relief for anyone in the U.S. who bought price-hiked Nintendo items between February 2025 and February 2026. “The common thread among Plaintiffs’ claims is that it is somehow ‘unfair; that Nintendo has not retroactively adjusted its prices for completed sales in response to the outcome of the tariff litigation,” the company’s lawyers wrote in today’s motion to dismiss. “But that is now how commercial transactions work.
Bonta says Paramount litigation isn’t ‘anti-Trump’
The California attorney general insisted in an interview with POLITICO that his antitrust litigation is about competition, not politics.
Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
The move, announced Monday, could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.
Trump imposes 50% tariff on Canadian goods, citing disputes over autos, alcohol
President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.
Trump imposes 50% tariff on Canadian goods, citing disputes over autos, alcohol
President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.
As Beijing ramps up exports, the world feels ‘China Shock’ 2.0
Trump’s tariffs have helped stem the flow of inexpensive Chinese goods to the U.S., but European factories are suffering under a flood of imported cars and tech.
Tariffs cause delays for Texoma business development
Denison city officials agreed Thursday night to extend construction deadlines at the Foundation Business Park north of town after tariffs slowed progress, forcing companies off their original timelines.
Trump administration races to rebuild tariff wall knocked down by Supreme Court
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump’s tariffs in February. The question now is: Can the president’s trade team make good on its promise to replace the lost revenue?
Trump wants to impose tariffs on Canada in retaliation for wildfire smoke
The White House did not respond to questions about what legal mechanism he would use to impose the tariffs or how the administration would calculate the rate of the levies.
Trump’s Section 122 Tariffs Have Delivered Nothing for American Businesses, Workers, or Communities
The Trump administration’s short-term Section 122 tariffs, which are due to expire next week, have not delivered a single policy win.
Why the $9.99 price tag still rules retail
The $9.99 price point remains a powerful strategy because many consumers perceive products under $10 as noticeably more affordable than those priced at $10 or higher, even though the difference is only a penny, The Wall Street Journal reports. Companies are increasingly struggling to maintain these prices due to rising costs from inflation, fuel, tariffs […]
US small-business sentiment rebounds in June, inflation a major worry for many
WASHINGTON, July 14 (Reuters) - U.S. small-business sentiment increased in June, but the share of owners reporting that inflation was their "single most important" problem was the highest in nearly two years, and more said they had raised average selli...