U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts

• It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval

  A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.
  
  MarketWatch - 5d

• Here are all the Trump tariffs hitting the economy in the coming weeks

  The president’s announcement led to fears that he won’t just be using the threat of new tariffs as a negotiating tool, but as lasting policy.
  
  MarketWatch - 1d

• Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

  The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
  
  CNBC - 5d
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  Sen. Booker says ‘we are seeing real crises’ across U.S. from Trump and Musk cuts: Full interview

  Democratic Sen. Cory Booker (N.J.) says Americans are feeling the “pain” of federal cuts from the Trump administration’s Department of Government Efficiency headed by billionaire Elon Musk.
  
  NBC News - 3d

• Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom

  The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.
  
  CNBC - 3d
• 

  What will Starmer’s defence spending buy from Trump?

  Plus: Amol & Nick talk tactics over PM-President meets & remember past awkward encounters.
  
  BBC News - 7h

• White House pushes back on criticism of Trump spending cuts

  White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...
  
  CBS News - 5d
• 

  Some small businesses are on the brink after Trump's spending cuts affect contracts

  "My company has been left behind," one small business founder said.
  
  ABC News - 11h
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  How Trump’s Tariffs Could Reorder Asia Trade and Exclude the U.S.

  Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.
  
  The New York Times - 5d

More from The New York Times

• 

  Trump to Revoke an Oil License in Venezuela

  President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.
  
  The New York Times - 13h
• 

  Trump Takes Aim at Chinese Shipping Amid Widening Trade War

  A new proposal would impose steep levies on Chinese-made ships arriving at U.S. ports, threatening to increase costs for imports.
  
  The New York Times - 10h
• 

  Is Bird Flu the Only Reason Egg Prices Are Soaring?

  The nation’s biggest egg producer has seen rising revenues and profits. Now some Democrats are calling for an investigation into pricing practices in the industry.
  
  The New York Times - 21h
• 

  How ‘The Substance’ Helped Mubi Become a Streaming Success Story

  The niche movie streaming service has become a real Hollywood player thanks to the success of the body horror film.
  
  The New York Times - 3h
• 

  BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas

  The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
  
  The New York Times - 18h

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  Swiss Re said its LA wildfire losses would come in under $700 million and it had no plans to “pull back” from California.
  
  MarketWatch - 34m
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  UK delays final approval for second runway at Gatwick pending changes to plan

  Conditional decision comes as ministers bet on expansion of London’s airports to boost economic growth
  
  Financial Times - 34m