ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. It's April Fool's Day, but whatever you read here today is 100% fact, we promise. |
The United States imported more goods in January than in any other month since the government started tracking the data, as people raced to stock up in advance of President Trump's tariffs. |
The import surge was driven by sharp increases from the United States' three largest trading partners, China, Canada and Mexico, according to a USA TODAY analysis of recently released trade data. Here's the full report. |
Markets brace for tariffs |
Financial markets, rattled for weeks under the strain of impending tariffs, may not find relief when President Trump announces details of the latest import taxes on Wednesday, some experts say. |
Trump dismisses the warnings of many economists that tariffs will drive up prices, focusing instead on the hundreds of billions of dollars in domestic investment projects companies are unveiling to avoid the import taxes. |
What are the most 'American' cars? |
President Trump has made clear he wants more American-made cars, between plans for a 25% auto tariff and a proposal for tax-deductible interest on loans for cars made in the U.S. |
All cars source at least some parts internationally, but some are more "American" than others. Cars.com's American-Made Index ranks the "most American" cars. Guess which brand tops the list? |
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Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. |
Daniel de Visé covers personal finance for USA Today. | | | | Trump dismisses the warnings of many economists that tariffs will drive up prices, and he says he's not concerned about any market selloff. | | | | Sharp increases in goods from China, Canada and Mexico helped drive U.S. imports to a new monthly record as people stocked up before tariffs hit. | | | | The list is created using five criteria: assembly location, parts content, engine origin, transmission origin and U.S. manufacturing workforce. | | | | The 25% tariff would affect imported passenger vehicles, light trucks, and some auto parts. | | | | Get rid of the apps, photos and more taking up precious space on your computer and smartphone. | | | | Elon Musk dodged questions about proposed stimulus checks from DOGE savings at a Wisconsin rally Sunday. Here's what he said. | | | | Public confidence in the economy has been rattled by news out of the White House, most recently noises about cuts to Social Security and Medicaid. | | | | If you've moved abroad, there's always one thing that brings you back home: taxes. Americans are subject to US taxes no matter where they earn money. | | | | Navigating an employee's arrest requires caution to ensure compliance with employment laws and to avoid making erroneous assumptions. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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