tariffs

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Canada's Prime Minister: I Apologized to Trump

Mark Carney says he offered a mea culpa over ad that angered the US president

(Newser) - The international tiff over a controversial ad in Canada resulted in a personal apology from Canadian Prime Minister Mark Carney to President Trump. "I did apologize to the president," Carney told reporters at the Asia-Pacific Economic Cooperation Summit in South Korea on Saturday, per the BBC . The apology...

Senate Votes to Repeal 'Liberation Day' Tariffs

Like similar measures this week, resolution has no chance of passing the House

(Newser) - The Senate has voted to roll back President Trump's sweeping "Liberation Day" tariffs, with four Republicans joining Democrats to approve a resolution aimed at ending the global trade measures. The bipartisan move, led by GOP Sen. Rand Paul, saw fellow Republican Sens. Mitch McConnell, Susan Collins, and Lisa...

Trump Cuts Tariffs on China After Meeting With Xi

Total combined tariff rate now 47%, down from 57%

(Newser) - President Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans, the AP reports. The president told reporters aboard Air Force...

Senate Votes to Nullify Trump's Canada Tariffs

4 GOP senators voted with Democrats on measure, but it has no chance in the House

(Newser) - The Senate passed legislation Wednesday that would nullify US tariffs on Canada. The move comes just as President Trump is engaged in trade talks in Asia as well as an increasingly bitter trade spat with Canada, one of America's largest economic partners, the AP reports. The 50-46 tally was...

US Has a New Trade Pact With South Korea

Seoul pledges $350B US investment, to be spread over many years

(Newser) - The US and South Korea have reached a new trade agreement that will see South Korea invest hundreds of millions of dollars in the US. The announcement came after a nearly two-hour meeting between President Trump and South Korean President Lee Jae Myung, with Trump describing the deal as "...

5 GOP Senators Join Dems to Block Trump Tariffs

Senate passes resolution rebuking Trump, though it's widely seen as symbolic

(Newser) - The Senate on Tuesday voted to approve a resolution to block President Trump's tariffs on Brazil, with five Republicans siding with Democrats in a move widely seen as a rebuke to the president's trade policies. The 52-48 vote, led by Democratic Sen. Tim Kaine of Virginia, aims to...

Apple Hits $4T Milestone
Apple Briefly
Joins the $4T Club
UPDATED
Oct 28, 2025 5:29 PM CDT

Apple Briefly Joins the $4T Club

Microsoft rejoins the club after OpenAI deal

(Newser) - Apple became the third company to officially join the $4 trillion club on Tuesday, with its market capitalization crossing the milestone during trading Tuesday afternoon. It later dropped slightly, closing with a value of $3.99 trillion. Microsoft, which first hit the $4 trillion mark in July, rejoined the club...

Doug Ford: Anti-Tariff Reagan Ad Did Its Job

'They're talking about it in the US, and they weren't talking about it before I put the ad on'

(Newser) - Ontario's premier bragged Monday about the impact of his anti-tariff ad that prompted President Trump to end trade talks with Canada. Premier Doug Ford said the ad had over a "billion impressions around the world" and "generated a conversation that wasn't happening in the US,"...

Trump Costumes Are Out in Canada This Halloween

Costume shops say demand has disappeared amid trade tensions

(Newser) - Once a Halloween favorite, Donald Trump costumes are no longer in demand in Canada, with costume shops reporting a sharp drop in interest amid ongoing trade tensions. Shop owners say Trump costumes were all the rage in 2016, when he was first running for president, but the joke wore thin...

Trump Adds to Canada's Penalty Over Reagan Ad

Commercial about tariffs should've been pulled sooner, president says

(Newser) - President Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by another 10% because of an anti-tariff television ad aired by the province of Ontario. Premier Doug Ford had said he would pull the ad after the weekend, and it ran Friday night during...

That Cup of Joe Is Getting Costly
That Cup of Joe
Is Getting Costly
Oct 25, 2025 8:30 AM CDT

That Cup of Joe Is Getting Costly

Tariffs, weather cause coffee prices to spike in US

(Newser) - It's getting more expensive for Americans to get their caffeine fix. The average US price of a pound of ground coffee hit $9.14 in September, a 3% increase from the August average of $8.87, and 41% higher than in September 2024, per US government figures. Coffee prices...

Ontario to Pause Tariff Spots That Angered Trump

Doug Ford says ads with Reagan speech will still run over the weekend

(Newser) - Ontario Premier Doug Ford said Friday that he will pause an anti-tariff ad campaign in the US after objections from President Trump, who cited the campaign as his reason for cutting off trade talks with Canada. Ford emphasized the campaign's aim was to prompt debate about the impact of...

Ontario Premier, Trump Face Off Over Anti-Tariff Ad

Trump claims Reagan 'loved tariffs for our country'

(Newser) - President Trump announced late Thursday that he was ending trade talks with Canada over an ad the government of Ontario has been airing in the US—and he continued attacking the ad Friday morning. In a Truth Social post, he claimed Canada was "illegally" trying to influence the Supreme...

Trump Calls Off Trade Talks With Canada Over Reagan Ad

Ad denouncing tariffs apparently upset the president quite a bit

(Newser) - President Trump said late Thursday that he was ending "all trade negotiations" with Canada because of a television ad opposing US tariffs that he said misstated the facts and called "egregious behavior" aimed at influencing US court decisions, the AP reports. The post on Trump's social media...

China Imported No US Soybeans Last Month

Tariffs and trade tension push China to Brazil and Argentina

(Newser) - China imported no soybeans from the US in September, marking the first time in nearly seven years that shipments from American farmers to their largest foreign customer have dropped to zero, Reuters reports. The drop, which highlights the ongoing trade rift between the world's two largest economies, is the...

Report: Americans Will Soon Be Paying 55% of Tariff Costs

American businesses are preparing to raise prices, Goldman Sachs analysts say

(Newser) - US consumers will soon be footing more than half the bill for President Trump's tariffs, according to a new report from Goldman Sachs economists. Six months after tariffs took effect on everything from copper to cars, the investment bank's analysts estimate Americans will be paying about 55%...

Bristling at China's Move, Trump Announces 100% Tariff

Beijing has placed new export limits on rare earth minerals

(Newser) - President Trump on Friday announced a sweeping 100% tariff on Chinese goods, escalating a high-stakes standoff over China's new restrictions on rare earth minerals vital to global technology and manufacturing. The levy will take effect no later than Nov. 1, Trump posted on Truth Social, and will replace...

Stocks Plunge Across Board After Trump's Tariffs Threat

S&P has its worst day since April

(Newser) - A monthslong calm on Wall Street shattered Friday, with US stocks tumbling after President Trump threatened to crank tariffs much higher on China.
  • The Dow fell 878 points, or 1.9%, to 45,479.60, for a drop of 2.7% for the week.
  • The S&P 500 fell 182.
...

Trump Slams China, and the Markets Sink

President accuses Beijing of being 'very hostile' over rare-earth metals

(Newser) - President Trump took an unexpected shot at China on Friday, and the stock market immediately recoiled at the prospect of a new flare-up in relations, reports CNBC .
  • In a Truth Social post, Trump wrote that Beijing was becoming "very hostile" in regard to rare-earth materials, a reference to newly
...

UPS 'Disposing of' Packages Caught Up in Customs Rules

New regulations leave shipments stranded, customers in the dark

(Newser) - UPS customers are facing a shipping nightmare as thousands of packages bound for the United States have been caught in a tangle of new customs rules, leading to a surge in delayed deliveries—and, in many cases, destruction of goods. The logjam began after the Trump administration scrapped the...

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