Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms
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Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 2d -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 2d -
Trump, tariffs and wars drain funds from climate action, warns Brazil
‘Triple negative’ puts world on course for ‘civilisation doom’, says environment ministerFinancial Times - 1d -
Ontario sets 25% surcharge on energy exports to US to counter Trump tariffs
Premier Doug Ford says province ‘won’t back down’ until US president retracts duties on Canada. The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to the states ...The Guardian - 1d -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 1d -
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 -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 1d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - 1d -
Rand Paul: ‘When the markets tumble like this in response to tariffs, it pays to listen’
Sen. Rand Paul (R-Ky.), who has long been considered one of the Senate’s budget hawks, recently gave advice that when the stock market tumbles, “it pays to listen.” “The stock market is comprised ...The Hill - 22h -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
What the White House wants and what the economic realities of manufacturing and trade are don’t line up, experts say.NBC News - 23h -
Starmer will not impose immediate UK counter-tariffs to US steel levies
PM to take a ‘cool-headed’ approach as he tries to steer clear of transatlantic trade warFinancial Times - 22h -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 23h -
Dick’s Sporting Goods faces tariff ‘unknowns’ and issues conservative outlook
“The convergence of sport and culture in our country has never been stronger, and with a series of major sporting events set to take place in the U.S.,” the company said.MarketWatch - 19h -
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 - 15h -
Trump halts plan for 50% steel and aluminium tariffs on Canada
It comes after the Canadian province of Ontario said it would suspend a 25% surcharge on US-bound electricity.BBC News - 13h -
Trump backs down on 50% steel and aluminium tariffs on Canada
U-turn comes after province of Ontario removes surcharge for power exports to the US but 25% levies to still take effectFinancial Times - 14h -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 11h -
Trump’s 25% steel and aluminium tariffs take effect despite recession fears
Levies also set to apply to most derivative products such as tennis rackets and air conditioning unitsFinancial Times - 8h -
Sony and Nintendo play the long game over Trump tariffs
Despite the recent sell-off, the broader outlook for gaming remains strongFinancial Times - 8h -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 5h -
UK seeks ‘pragmatic’ deal with US to avoid future tariffs
Decision not to impose retaliatory levies signals break with EU approachFinancial Times - 2h -
Europe retaliates after Trump tariffs on metals take effect
Ursula von der Leyen, president of the European Commission, said in a statement that the EU "must act to protect consumers and business."ABC News - 35m -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 2h -
FirstFT: EU retaliates to US tariffs on steel and aluminium imports
Also in today’s newsletter, Ukraine agrees immediate 30-day ceasefire and Palantir boss becomes one of highest paid tech bossesFinancial Times - 1h -
Firing the Watchdogs | Sunday on 60 Minutes
Hampton Dellinger, former head of a federal watchdog agency, was among the first to be fired by President Trump. So were 18 inspectors general and the chief of the board that protects federal ...CBS News - 3d -
Democrats unveil bill to reinstate veterans fired in Trump workforce cuts
Democrats are proposing a measure to reinstate veterans who were recently fired from the federal government without cause, which has affected an estimated 6,000 veterans who make up about 30 ...The Hill - 1d -
Democrats reintroduce CROWN Act to ban hair discrimination
Democrats have reintroduced federal legislation to ban hair discrimination. Rep. Bonnie Watson Coleman (D-N.J.) reintroduced the Creating a Respectful and Open World for Natural Hair Act, or CROWN ...The Hill - 16h -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 4d -
Purdue star Trey Kaufman-Renn alleges racist comments made by Illinois fans toward 13-year-old brother
Purdue is reportedly planning to file a report to the Big Ten over the incidentCBS Sports - 3d -
49ers cut DT Maliek Collins
The 49ers are releasing veteran defensive tackle Maliek Collins, according to multiple reports.Yahoo Sports - 2d -
Statement of Purdue Pharma to 60 Minutes
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."CBS News - 2d -
2025 NFL free agency: Patriots signing Carlton Davis to a three-year, $60 million deal
Davis' deal includes $34.5 million guaranteed, per reportCBS Sports - 1d -
Texans to sign special-teamer Tremon Smith to $7.5M deal
The deal is the richest in the NFL for a core special teamer, according to the report.Yahoo Sports - 1d -
Clearing the Way for Bicyclists, for a Healthier Planet
Jill Warren heads the European Cyclists’ Federation, a Brussels-based nongovernmental organization that advocates cycling to help lower carbon emissions.The New York Times - 6d -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - 5d -
‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’
The architects of projects like Próspera are drafting legislation to create US cities that would be free from federal regulations.Wired - 4d -
Columbia University loses $400mn in US government grants
Federal agencies say the ivy league institution failed to protect Jewish students from harassmentFinancial Times - 4d -
Judges and world leaders defy Trump as Congress sits on sidelines
Federal judges and foreign leaders are acting as the emergency brakes to Trump as he pushes to remake the world.NBC News - 3d -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - 2d -
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves
U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.CNBC - 2d