WEATHER ALERT
President Trumpโs tariffs on dozens of countries are now in effect. What that means
Read full article: President Trumpโs tariffs on dozens of countries are now in effect. What that meansDespite a pause by President Trump on reciprocal tariffs that were supposed to go into effect on Wednesday, his administration is still implementing a baseline 10% tariff on imports from dozens of countries, as well as a tariff on Chinese imports that is now up to 125%. Hereโs what you need to know about the tariffs and what comes next.
Trump tariffs worry US shoppers who buy groceries at Asian supermarkets
Read full article: Trump tariffs worry US shoppers who buy groceries at Asian supermarketsLoyal customers of Asian supermarkets and other grocery stores that specialize in selling imported food are wondering what will happen to prices given the extra-high tariffs President Donald Trump put on goods from dozens of countries.
The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on China
Read full article: The Latest: Treasury secretary says Trump will keep 10% import tariff, raise import tax on ChinaPresident Donald Trump has shared on Truth Social that he has โauthorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.โ.
The Latest: S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump limits tariffs
Read full article: The Latest: S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump limits tariffsStocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would.
Trumpโs latest round of tariffs have taken effect โ and China is retaliating. Hereโs what we know
Read full article: Trumpโs latest round of tariffs have taken effect โ and China is retaliating. Hereโs what we knowPresident Donald Trump has launched tariff wars with almost all of Americaโs trading partners.
Will the tariffs lead to a recession? Here's how to know if we're in one
Read full article: Will the tariffs lead to a recession? Here's how to know if we're in onePresident Donald Trumpโs sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economistsโ worries that the U.S. could tip into recession.
Winter Park bike store warns customers about price increases as tariffs spin up
Read full article: Winter Park bike store warns customers about price increases as tariffs spin upAs sweeping international tariffs take effect, small businesses across Central Florida are feeling the pressure, including Winter Park Cycles, which is warning customers of potential price increases due to the rising cost of imported bicycle parts.
Trump says things are 'going very well' after worst stock market drop in years over tariffs
Read full article: Trump says things are 'going very well' after worst stock market drop in years over tariffsPresident Donald Trump is sounding an upbeat note about his tariffs even as the stock market reacted by falling more than 1,600 points.
โI think itโs time:โ Floridians react to President Trumpโs โLiberation Dayโ tariffs
Read full article: โI think itโs time:โ Floridians react to President Trumpโs โLiberation Dayโ tariffsIt makes most of its money from cruise ships, but Port Canaveral also calls itself Central Floridaโs gateway to global commerce. With President Trumpโs tariffs on all international imports, some wonder how our local economy will be affected.
Trumpโs tariffs arenโt strictly reciprocal. Hereโs how he calculated them
Read full article: Trumpโs tariffs arenโt strictly reciprocal. Hereโs how he calculated themPresident Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods.
Will Trumpโs tariffs impact Floridaโs tourism industry? Here is what we know
Read full article: Will Trumpโs tariffs impact Floridaโs tourism industry? Here is what we knowIn 2023, over 1.2 million Canadians visited Orlando, according to the tourism group Visit Orlando. There are concerns that impending tariffs could lead to an economic hit for the area.
President Trump announces sweeping โreciprocalโ tariffs
Read full article: President Trump announces sweeping โreciprocalโ tariffsPresident Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners โ including a 34% tax on imports from China and 20% on the European Union, among others.
Trump's 'Liberation Day' is unlikely to free businesses from uncertainty surrounding trade policy
Read full article: Trump's 'Liberation Day' is unlikely to free businesses from uncertainty surrounding trade policyPresident Donald Trump says his tariff announcements slated for Wednesday will amount to a โLiberation Dayโ for the United States.
Trump says he'll put a 25% tariff on countries that buy Venezuelan oil, though the US does so itself
Read full article: Trump says he'll put a 25% tariff on countries that buy Venezuelan oil, though the US does so itselfPresident Donald Trump says he will place a 25% tariff on all imports from any country that buys oil or gas from Venezuela.
Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes
Read full article: Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikesPresident Donald Trumpโs threat to double his planned tariffs on steel and aluminum from 25% to 50% for Canada has led the provincial government of Ontario to suspend its planned surcharges on electricity sold to the United States.
Hereโs how Trumpโs latest tariffs on Mexican, Canadian imports affect your wallet
Read full article: Hereโs how Trumpโs latest tariffs on Mexican, Canadian imports affect your walletPresident Donald Trumpโs latest tariffs on Canadian and Mexican imports went into effect on Tuesday morning, expected to impact a slew of products including cars and car parts.
Trump directs government to consider possible tariffs on copper
Read full article: Trump directs government to consider possible tariffs on copperPresident Donald Trump is directing the government to consider potential tariffs on copper, the latest move by the White House to tax a wide array of imports and reshape global trade.
Q&A: What is behind January inflation increase, soaring egg prices
Read full article: Q&A: What is behind January inflation increase, soaring egg pricesThe latest inflation report shows prices were up in January, pushing the annual inflation rate to 3%. News 6 Anchor Lisa Bell spoke with CBS News business analyst Jill Schlesinger to dig deeper into the Consumer Price Index.
What new tariffs between China and the US mean for Central Florida consumers
Read full article: What new tariffs between China and the US mean for Central Florida consumersIn the heart of Central Florida, a vibrant Chinese American community thrives, centered around the bustling area unofficially known as Chinatown.
US orange juice and steel will be on Canada's list for retaliation if Trump imposes tariffs
Read full article: US orange juice and steel will be on Canada's list for retaliation if Trump imposes tariffsA senior official says Canada is looking at putting retaliatory tariffs on American orange juice, sinks, toilets and some steel products if U.S. President-elect Donald Trump goes ahead with his threat to impose 25% on all Canadian products.
Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crime
Read full article: Trump vows tariffs over immigration. What the numbers say about border crossings, drugs and crimePresident-elect Donald Trump is threatening tariffs on Mexico and Canada as he seeks to portray them as responsible for illegal immigration and drug smuggling.
Trump's treasury pick could give an indication of what he plans to do about tariffs
Read full article: Trump's treasury pick could give an indication of what he plans to do about tariffsOne of the top remaining vacancies in President-elect Donald Trumpโs proposed Cabinet is his treasury secretary โ and the views of his top contenders there reflect broader questions about how the president-elect might wield tariffs in his new administration.