Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’

Read more at Financial Times
-
Donald Trump bets propel Michael Platt’s BlueCrest to 15% gain
Hedge fund turned family office eclipses rivals with currency and bond wagers on a slowing US economyFinancial Times - 2d -
Eye Opener: Trump administration slashes half the Department of Education's workforce
The Trump administration slashes half the Department of Education's workforce, causing uncertainty over the agency's future. Also, the U.S. says it will resume security support for Ukraine after ...CBS News - 5h -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - 1d -
Climate Group Funded by Bill Gates Slashes Staff in Major Retreat
Breakthrough Energy, an umbrella group for energy and environmental efforts funded by Mr. Gates, is resetting for the Trump era.The New York Times - 1h -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 1d -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - 1d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.MarketWatch - 1d -
This Is Who Loses in a Trade War
Europe, not Canada, Mexico or China, is most vulnerable to the fallout from Donald Trump’s mercantilist policies.The New York Times - 2d -
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...The Hill - 2d -
Ontario slaps 25% increase on electricity exports to the U.S. in response to Trump's trade war
Ontario is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war, the province's premier, Doug Ford, said.NBC News - 2d -
Here are the U.S. states that get electricity from Ontario, as Trump’s trade war gets new twist
The latest skirmish in U.S. President Donald Trump’s trade war is highlighting how the Canadian province of Ontario provides electricity to some American homes and businesses.MarketWatch - 22h -
A Tariff Pile-On Threatens to Escalate a Global Trade War
American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.The New York Times - 6h -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 18h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 4h -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 1d -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 5h -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest on tariffs and executive ordersFinancial Times - 46m -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 2d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 3d -
Tariffs are causing stock-market panic and leading investors into riskier options trading
Less than two months into his second term, President Donald Trump is already making stock-market volatility great again. That’s been a boon for the options market.MarketWatch - 21h -
Canada to impose 25% tariffs on nearly $30bn in US imports as trade war flares – live
Canadian foreign minister condemns ‘unjustified’ trade war and condemns ‘Trump’s talks of annexing our country through economic coercion’ . Congressional brinkmanship, including repeated ...The Guardian - 22m -
'We launched a drug war, not a trade war': NEC director
President Trump’s top economic aide Kevin Hassett was interviewed on "This Week."ABC News - 3d -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - 2d -
Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.The New York Times - 21h -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 2d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 3d -
Justice Department office that prosecutes public corruption slashed in size, sources say
The Trump administration is slashing the size of the Justice Department's unit that oversees prosecutions of public officials accused of corruption, three sources told NBC News.NBC News - 19h -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 18h -
Stock market teeters amid trade war, recession fears
An escalating global trade war hammered markets in recent days.ABC News - 3h -
House Democrats have 'a lot of incentives' to vote against short-term funding bill
NBC Senior National Political Reporter Sahil Kapur joins Meet the Press NOW to discuss Speaker Johnson's plan to fund the government as top Democrats urge the House to reject the short-term funding ...NBC News - 1d -
Canada to choose new leader to face Trump in trade war with US
Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party headFinancial Times - 3d -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - 2d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 1d -
Dow drops 600 points as Trump escalates trade war with Canada
S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.CBS News - 23h -
Canada gets new leader, but don’t bet on a quick Trump tariff truce
Could the U.S. and Canada quickly patch up trade relations following the resignation of Prime Minister Justin Trudeau? Don’t count on it.MarketWatch - 1d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 6h -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 12h
More from Financial Times
-
US inflation fell more than expected to 2.8% in February
Figure bolsters case for Fed to cut interest rates amid signs of slowing economic growthFinancial Times - 2h -
Winners and losers from the Wall Street sell-off
‘Ignored stocks’ outperform as Big Tech and banks slideFinancial Times - 1h -
Recession will not make Trump change course
A president who can’t run again is freer from public opinion than business seems to realiseFinancial Times - 6h -
Starmer turns to N Ireland peace broker in quest for US backstop in Ukraine
Former Blair adviser Jonathan Powell is working behind the scenes to shepherd talksFinancial Times - 1h -
Blackstone and Goldman CEOs back Trump as tariffs fuel US recession fears
Wall Street bosses praise president for engaging with business leaders and moving to reduce regulationFinancial Times - 55m
More in Business
-
U.S. budget deficit surged in February, passing $1 trillion for new year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.CNBC - 11m -
High government debt is seen as stoking inflation, research shows.
The New York Times - 13m -
Intel’s stock is climbing. Here’s the latest hope for a rescue.
Reuters reports that TSMC has approached Nvidia, Broadcom and others about a joint venture that would run Intel’s factories. But that arrangement would face some roadblocks.MarketWatch - 14m -
This step is ‘really important’ if you plan to sell your home in 2025, economist says
Selling your house takes more than just putting up a “for sale” sign. Getting the right asking price is a really important step, experts say.CNBC - 15m -
Why this CEO wants to give motherhood better PR: 'We want more options on the table'
Neha Ruch is the CEO and founder of Mother Untitled and author of "The Power Pause," which covers how moms can plan a career break and return to the workforce.CNBC - 17m