President Trump said in a social media post on Monday that the U.S. will impose a 50% tariff on all Canadian automotive and steel imports, effective Jan. 1, 2027, after trade talks between the two nations collapsed. “Canada has been ripping off the United States of America for years,” Mr. Trump wrote on Truth Social. “On…
Washington — Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Sunday that the tariff fight with Canada could extend U.S. inflation, should the tense trade dynamic that came to a head in recent days between the historically allied countries continue. “The longer there’s back and forth on the trade front, just like…
The governor of a Mexican state who is wanted by the United States on drug trafficking charges abruptly stepped down from his role, one day after returning to office. Sinaloa Gov. Ruben Rocha Moya said in a social media post on Friday that he was resuming leadership of the northwestern state, a role he stepped…
On this “Face the Nation with Margaret Brennan” broadcast, moderated by Margaret Brennan: Neel Kashkari, Minneapolis Fed president and CEO Dr. Mehmet Oz, Centers for Medicare & Medicaid Services administrator Dr. Scott Gottlieb, former FDA commissioner Rep. Byron Donalds, Republican of Florida and candidate for governor Rep. Seth Moulton, Democrat of Massachusetts and…
The following is the transcript of an interview with Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis that aired on “Face the Nation with Margaret Brennan” on Aug. 23, 2026. MARGARET BRENNAN: For more on what’s next for the American economy, we’re joined by Neel Kashkari, President and CEO of the…
Canada announces retaliatory tariffs on U.S. after negotiations collapse – CBS News Watch CBS News Canadian Prime Minister Mark Carney promised to match President Trump’s new wave of tariffs “dollar-for-dollar.” Olivia Rinaldi has more. Source link
Canada announces retaliatory tariffs on U.S; Thousands in Gary, Indiana, still without power. Source link
The U.S. was set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies. Canada’s leader countered that it would match the tariffs “dollar for dollar.” In a call with reporters late Friday, U.S. Trade…
President Trump announced Friday that the U.S. will waive higher tariffs on ground beef imports, a bid to lower prices for consumers who are facing historically high beef costs. Mr. Trump said on Truth Social that the U.S. will allow up to 300,000 metric tons of ground beef into the country for the next 90…
Walmart said it is using billions of dollars in tariff revenue to lower prices as the company moves to appeal to consumers experiencing an affordability pinch due to higher inflation. The Arkansas-based retailer, which reported its earnings on Thursday, has received “substantially all” of the $2.9 billion in tariff refunds it was eligible for, executive…
