MORNING HEADLINES | President Donald Trump on Monday hit Canada and Mexico with new 25% tariffs on goods and doubled duties on Chinese imports to 20% as a trade war opened with top trading partners. Canada and China immediately retaliated with new tariffs on U.S.-made goods; Mexico is expected to follow suit today.
“Today’s reckless decision by the U.S. administration is forcing Canada and the U.S. toward recessions, job losses and economic disaster,” Canadian Chamber of Commerce CEO Candace Laing said in a statement reported by Reuters.
The tariffs are likely to result in higher prices for a wide variety of products, including cars, cellphones, computers, tequila, avocados and gasoline. The only goods that won’t face a 25% tariff from Canada are energy-related items such as crude oil, one of the top goods the U.S. imports from there. Instead, they’ll be subject to a 10% tax.
Meanwhile, Trump keeps hinting at more tariffs to come, according to CNN. Steel and aluminum tariffs are set to go into effect March 12. And reciprocal tariffs, dollar-for-dollar tariffs that match what other countries impose on U.S. goods, are expected to go into effect on April 2. Trump has also hinted at tariffs on agricultural imports to promote domestic sales.
In other news:
CP FOOD: 20 can’t miss events for Charleston Wine + Food Festival fringe events. The Charleston Wine + Food Festival (CHSWF) kicks off Wednesday but the foodie fun around town is going on all week long. We’ve rounded up food-and-drink-focused events taking place throughout the Charleston area that are not officially associated with the festival but still contribute to the experience.
City of Charleston reevaluates contract with parking meter operator. City leaders in Charleston are reevaluating the contract with the parking meter service Flowbird Group after the company failed to meet aMarch 1 deadline of repairing and replacing inoperable parking meters.
Charleston Co. considers weighted student funding. The Charleston County School District is work-shopping changes to its weighted student funding ahead of budget discussions for the 2026-2027 school year. One change includes moving away from its allocation-based system to a ‘pre-pupil’ system.
Navarro back up to No. 8 after Mexico win. Charleston’s Emma Navarro moved up to No. 8 in the world rankings that were released March 3 following a win at the WTA 500 Merida Open Akron in Merida, Mexico.
Charleston Democrats apologize after accusing Republican councilman of berating volunteers. The Charleston County Democratic Party has apologized to Republican County Councilman Brantley Moody after accusing him of storming into its headquarters and berating volunteers over stolen candidate yard signs.
Three brothers sentenced to prison for $2.8M fraud involving Charleston restaurants. Three Georgia brothers who run multiple restaurants together in the Charleston area have been sentenced to prison for a multi-million-dollar Covid-19 fraud scheme.
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