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Trump drives trade war fears with new autos tariffs

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Overall inflation came in at 2.5 percent, a level that sits well above the Federal Reserve's 2 percent target and has been more or less in place since November.
From The New York Times
President Donald Trump and the White House on Wednesday announced a series of sweeping tariffs on foreign-made cars and auto parts, a prelude to the April 2 “Liberation Day” duties that are expected t...
From NBC News
President Donald Trump announced a 25% tariff on all cars and car parts shipped to the US, drawing global criticism.
From CNN

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Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted.
Tracking Trump's trade war: Where tariffs are in effect — and what's coming next
President Donald Trump during an Ambassador Meeting in the Cabinet Room of the White House on March 25, 2025 in Washington, DC.In less than 100 days, President Donald Trump has made major economic waves.
Trump Announces Auto Tariffs, Expanding Trade War
President Donald Trump announced a new import tax on foreign-made cars in an escalation of his tariff-based trade policies that have shaken up the economy in recent weeks.
Trump to impose 25% tariff on all automobiles and foreign auto parts brought into the U.S.
The tariffs were criticized by foreign governments and carmakers, drawing threats of retaliation and sinking auto stocks around the world.
Gold hits record high as US tariffs spark trade tensions
Gold scaled a record peak on Thursday, as investors sought the safe-haven asset in response to escalating global trade tensions and tumbling equity markets, following U.S. President Donald Trump's announcement of new auto tariffs.
How other nations are reacting to Trump's auto tariffs announcment
President Trump announced new automobile tariffs will start next week. He says we will see the payoff in the longterm. So how much more of a price increase are we expected to see?
Trump announces new auto tariffs as administration shifts blame for Signal leak
President Donald Trump announced a 25% tariff on all cars and car parts shipped to the US, drawing global criticism. This comes as the administration grapples with the fallout from reports of a group chat involving Cabinet officials discussing US battle plans in Yemen revealed that the chat included a journalist.
Live Updates: Trump Threatens More Tariffs if Canada and Europe Work Against U.S.
President Trump on Thursday threatened to impose heavier tariffs on Canada and the European Union if they work together to “do economic harm” to the United States, hours after he said he would impose 25 percent tariffs on imported cars and car parts.
Stocks down, gold hits record after Trump's latest tariff volley
Global stocks fell for a second straight session and gold hit a record high on Thursday after the latest tariffs from U.S. President Donald Trump's administration that expanded the trade war to autos.
Economists Slash Canada Growth Forecasts as Trade War Strikes
Canada is headed for a period of weaker growth and higher inflation as a trade war with the US snarls business investment and exports, economists forecast in a new survey.
Trade War Expected to Weigh on Global Economy
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll.
Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll
Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes already down sharply as a U.S.-led trade war escalates and risks serious damage to the economy.
US Stock Market Liquidity Drying Up as Trade War Concerns Mount
Worries over the economic effects of the global trade war are sapping liquidity in US stocks, creating a headache for institutional investors that could also boost volatility in broader markets.
Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy, higher inflation
U.S. stocks are tumbling Friday following discouraging updates on inflation and how much U.S. households may be willing to spend given all the uncertainty about President Donald Trump’s escalating trade war.
TSX posts biggest decline in three weeks on trade war gloom
Canada's main stock index fell on Friday by the most in three weeks as U.S. data and an expanding trade war raised fears of a global economic slowdown. Toronto Stock Exchange's S&P/TSX composite index ended down 401.
Hotel sector faces headwinds amid trade war, economic uncertainty
When consumers face uncertainty or are tightening their wallets, travel is usually the first expenditure to go.
Wall Street tumbles and S&P 500 drops 2% on worries about slower economy and higher inflation
Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.
Bank of Mexico cuts interest rate as trade war stokes recession fears
The Bank of Mexico delivered a unanimous 50-basis-point interest rate cut to 9.00% on Thursday, highlighting progress on inflation but warning of heightened uncertainty relating to trade tensions and a weakening economy.
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