tariffs

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EU: Trump Threats Violate Trade Deal With US
EU: US Trade Deal Is Off
Jan 21, 2026 11:20 AM CST

EU: US Trade Deal Is Off

Lawmakers say tariffs meant to pressure Greenland deal violate the pact

(Newser) - The United States' trade deal with the European Union is now on ice—with Greenland at the center of the freeze. The European Parliament has halted approval of the trade deal struck in July after President Trump floated tariffs of 10% to 25% on European countries opposed to his push...

Trump Threatens 200% Tariff on French Wine, Champagne

France calls threat 'blackmail' to force Macron to join new Board of Peace

(Newser) - President Trump wants French President Emmanuel Macron to join his new Board of Peace —and he's threatening to make French wine a lot more expensive if Macron continues to balk. "I'll put a 200 percent tariff on his wines and Champagnes, and he'll join, but...

Markets Jittery as Trump Doubles Down

Dow futures sink as president continues his threats to take Greenland

(Newser) - The stock market is poised to open in a foul mood over tensions about Greenland. Dow futures were on track to drop nearly 700 points, or 1.4%, when trading begins Tuesday morning, reports CNBC . The benchmark S&P 500 faced a comparable percentage drop, and the tech-focused NASDAQ was...

Trump: 'No Comment' on Using Force to Seize Greenland

EU leaders plan emergency summit to discuss response to his tariff threat

(Newser) - President Trump isn't ruling out using the US military to seize Greenland—but he's not saying much about it, either. In a brief interview with NBC News on Monday, Trump responded, "No comment" when asked whether he'd consider using force to take control of the vast...

Americans Bear Nearly the Full Cost of Tariffs
Americans Bear Nearly
the Full Cost of Tariffs
new study
Jan 19, 2026 10:41 AM CST

Americans Bear Nearly the Full Cost of Tariffs

Study out of Germany estimates that 96% of the costs are being paid by those in the US

(Newser) - A new study of President Trump's tariffs will not please the president: The research finds that Americans are footing nearly the entire cost of them, reports the Wall Street Journal . Specifically, the study from the Kiel Institute for the World Economy in Germany finds that US consumers and importers...

Europe Tells US It Risks 'Downward Spiral' in Ties
Europe Warns US About Tariffs
Jan 18, 2026 7:03 PM CST

Europe Warns US About Tariffs

Emergency meeting considers retaliatory measures

(Newser) - European officials held an emergency meeting in Brussels on Sunday to map out a response to President Trump's threat to raise tariffs on eight US allies unless they accept his effort to buy Greenland, calling the move coercive and a challenge to sovereignty. Diplomats from the 27 EU nations...

Trump: Tariffs Over Greenland Start Feb. 1

Rate will rise to 25% unless a deal is struck for US takeover by June 1, post says

(Newser) - As demonstrators in Greenland and Denmark protested his coveting of their territory, President Trump announced Saturday that he's levying new tariffs on European nations that will remain in effect until the US takes ownership of Greenland. Posting on Truth Social, Trump said he's imposing a 10% tariff on...

Trump Warns World: OK My Greenland Push or Face Tariffs

US president threatens to lay down tariffs hammer on countries that don't go along with his plans

(Newser) - President Trump suggested on Friday that he may punish countries with tariffs if they don't back the United States controlling Greenland, a message that came as a bipartisan Congressional delegation sought to lower tensions in the Danish capital. Trump for months has insisted that the US should control Greenland,...

Canada Reaches 'Landmark' Trade Deal With China

Mark Carney is trying to reduce dependence on US

(Newser) - Canada's prime minister is betting a trade deal with Beijing is worth a fight with Washington. Mark Carney, on a visit to Beijing, announced a "preliminary but landmark" deal that will reopen Canada's market to Chinese-made EVs, reversing tariffs that effectively shut them out in 2025. Ottawa...

Grocery Costs Keep Climbing, Defying a Key Trump Goal

Tariffs, labor shortages, and supply strains keep food costs elevated

(Newser) - A year into President Trump's second term, the grocery checkout line is telling a very different story than the one coming from the White House. While Trump told a Detroit crowd this week that "grocery prices are starting to go rapidly down," federal data released the same...

China's Trade Surplus Rewrites the Record Books
China's Trade Surplus
Rewrites the Record Books
the rundown
Jan 14, 2026 8:34 AM CST

China's Trade Surplus Rewrites the Record Books

Figure hit $1.19T in 2025

(Newser) - China just logged a trade gap so big it rewrites the record books: a $1.19 trillion surplus in 2025, the largest ever reported even after adjusting for inflation. Beijing's customs agency said the surplus—the difference between what China sells abroad and what it buys—jumped 20% from...

Trump to Iran Protesters: 'Help Is On Its Way!'

Rights group puts the death toll at above 2K, another report suggests it's at least 12K

(Newser) - The estimates of the number of protesters killed in Iran continue to grow quickly. The US-based Human Rights Activists News Agency said Tuesday that more than 2,000 protesters have died since demonstrations started in the final week of December, reports the Washington Post . The UK government has the same...

Trump: Will Be a 'Complete Mess' if SCOTUS Nixes Tariffs

US will be 'screwed' if such a decision is handed down, president warns

(Newser) - President Trump is warning of economic chaos if the Supreme Court wipes out his signature global tariffs, with a decision expected as early as Wednesday. In a social media post , the president noted "WE'RE SCREWED" if the justices rule against him, arguing that undoing the duties would trigger...

SCOTUS Weighs Trump Tariffs in High-Stakes Decision

Justices to consider emergency powers, possible refunds to importers

(Newser) - The Supreme Court could reshuffle a big chunk of US trade policy as soon as Friday. The justices are expected to rule on whether the White House legally used the International Emergency Economic Powers Act, or IEEPA, to impose hundreds of billions of dollars in tariffs—measures the administration partly...

US Trade Gap Takes a Steep Downward Turn

To its lowest level since 2009, as gold exports surge, pharmaceutical imports plunge amid tariffs

(Newser) - Traders weren't the only ones caught off guard by October's trade numbers. The US trade gap dropped to $29.4 billion in October, its smallest reading since 2009 and about half what Wall Street economists had penciled in, per the Wall Street Journal . Imports fell to $331.4...

Trump's Tariffs Could Wipe Italian Pasta Off US Shelves
US Softens Proposed
Tariffs on Italian Pasta
UPDATED
Jan 1, 2026 12:37 PM CST

US Softens Proposed Tariffs on Italian Pasta

Italy says antidumping tariff has been cut sharply

(Newser) - Americans won't have to worry too much about Italian pasta disappearing from store shelves this year, Italian authorities say. The country's foreign ministry says proposed US tariffs on the country's biggest pasta makers have been slashed, reports Reuters . A 92% antidumping duty that would have been added...

Trump Punts on Some Tariffs
Trump Punts on Some Tariffs
Jan 1, 2026 9:00 AM CST

Trump Punts on Some Tariffs

Furniture, cabinet tariffs will hold at 25%

(Newser) - Shoppers eyeing a new sofa or kitchen redo just dodged a bigger hit to their wallets. President Trump has postponed for a year planned tariff hikes on upholstered furniture, kitchen cabinets, and bathroom vanities, according to a New Year's Eve White House statement . Cabinet and vanity tariffs had been...

Trump Now Has 14 Drug Manufacturers on His Side

9 more inked price deals, the president announced Friday

(Newser) - President Trump doubled down on his "affordability" narrative by unveiling his biggest batch yet of drug-pricing deals—even as questions loom about how much they'll actually shave off Americans' pharmacy bills. At the White House on Friday, Trump announced agreements with nine major pharmaceutical companies—Amgen, Boehringer Ingelheim,...

It's Not the Tariffs Paying Trump's Troops Bonus

Administration is tapping $2.6 billion approved by Congress for military housing aid

(Newser) - The funding for that Christmas bonus President Trump promised troops in his speech Wednesday night isn't exactly as advertised. Trump indicated revenue from the tariffs he's imposed on goods coming into the US mostly would cover the $1,776 checks, which he called a "warrior dividend."...

General Mills' Earnings Sound Warning on the Economy

Consumer shift to cheaper store brands underscores widening economic strain

(Newser) - General Mills just delivered an earnings report that doubles as a caution flag for the broader US economy, reports Quartz . The food giant behind Cheerios and Nature Valley said organic net sales slipped 1% in its latest quarter, while adjusted operating profit tumbled 20% across its key North American unit....

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