Jobs Report Is Steady But Impact of Federal Cutbacks and Tariffs Looms

Trump’s Tariffs by Whim Keep Allies and Markets Off Balance

Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.

The New York Times - 4d

Recession Risks Rise Over Tariff Chaos, Polls Find

U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.

Inc. - 4d

Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’

The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.

Inc. - 4d

Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt

With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.

The New York Times - 4d

US lumber prices slide on Trump’s Canadian tariffs delay

Futures close to record high after US orders investigation into dumping practices

Financial Times - 2d

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 timber

Financial Times - 1d

Trump, tariffs and wars drain funds from climate action, warns Brazil

‘Triple negative’ puts world on course for ‘civilisation doom’, says environment minister

Financial 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 plummet

NBC News - 18h

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 - 16h

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 - 17h

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 war

Financial Times - 16h

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 - 16h

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 - 13h

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 - 9h

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 - 7h

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 effect

Financial Times - 8h

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 - 5h

Trump’s tariffs war offers some global steelmakers a boost

Measures designed to protect the struggling US steel industry could also help a cohort of global producers

Financial Times - 57m

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 units

Financial Times - 1h

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 - 45m

Sony and Nintendo play the long game over Trump tariffs

Despite the recent sell-off, the broader outlook for gaming remains strong

Financial Times - 1h

Trade war escalates as Trump metal tariffs take effect

Duty on steel and aluminium imports is a major hit for some of the US's top trading partners.

BBC News - 11m

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

Trump’s SBA Is Going After Collections, Moving Offices From Sanctuary Cities

Small Business Administration’s new boss, Kelly Loeffler, shared a list detailing her 15 priorities as she settled into the new job. The agency is about to look very different compared to Biden’s SBA.

Inc. - 4d

Dow falls 1,000 points, Nasdaq dives more than 4% as stock selloff gathers steam

Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent ...

NBC News - 1d

A Sydney caravan laden with explosives was a ‘fake terrorism plot’. Here’s what we know

Police say they believed soon after the caravan’s discovery in January that it was a ‘con job’, alleging it was fabricated by criminals for personal benefit. Follow our Australia news live blog ...

The Guardian - 1d

Ratcliffe’s straight-talking gunslinger act dissolves into double-speak | Barney Ronay

On Manchester United’s job losses, finances and new stadium, it takes hawk-like focus to work out what the co-owner is actually saying. A core strength of Ineos is direct accountability. Matrix ...

The Guardian - 10h

Garlin Gilchrist on why he wants to be Michigan's next governor

Michigan Democratic Lt. Gov. Garlin Gilchrist has entered the crowded race to be the state's next governor. CBS News chief Washington correspondent Major Garrett spoke with Gilchrist about why he ...

CBS News - 6h

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 - 9h