Latest in 'Economic nuclear war': Some billionaires criticize Trump's tariffs
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China Girds for Economic Stress of Trump’s Tariffs
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.The New York Times - 1d -
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.CBS News - 2h -
Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War
President Trump has threatened tariffs on Taiwan and the chip industry. China has signaled it will not let the trade war keep it from the technology it needs.The New York Times - 23h -
Will Trump's tariffs crash TV's spring ad-selling party?
The timing of an economic downturn could lead to companies cutting their ad budgets.Los Angeles Times - 17h -
Hong Kong Suspends Packages to the U.S., Wading Into the Trump Trade War
The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China.The New York Times - 23h -
Trump Waved Off Israeli Strike After Divisions Emerged in His Administration
Israel developed plans for attacking Iranian nuclear facilities that would have required U.S. assistance. But some administration officials had doubts.The New York Times - 3h -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 4d -
'Higher inflation and slower growth': Powell warns of tariff impact
Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic ...NBC News - 8h -
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.The New York Times - 2d -
Trump tariff war to slash North American exports by 13%, warns WTO
Ngozi Okonjo-Iweala says US-China trade conflict could ‘force countries to choose’ between the twoFinancial Times - 14h -
Sony hikes PlayStation 5 prices for Europe, UK and Australia citing economic turmoil
Sony says it will raise prices starting Monday for some PlayStation 5 video game consoles in Europe, Australia and New Zealand, citing global economic turmoilABC News - 2d -
Trump’s Give-and-Take Tariff Strategy
The president has watered down some of his trade demands, but that’s created confusion in the markets and has forced his administration to adapt its messaging.The New York Times - 1d -
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.The New York Times - 14h -
Europeans Show Less Stock Market Panic as Tariffs Cause Turmoil
Europeans tend to keep more of their money in cash, gaining some protection from the recent market volatility. But President Trump’s tariffs will have an effect, experts said.The New York Times - 10h -
Goldman Sachs Avoids Mentioning the Word ‘Tariffs’ Amid Trump Trade Policy Uncertainty
Wall Street’s top firms have been reluctant to criticize President Trump’s trade policy, but Goldman took it to a new level on Monday.The New York Times - 2d -
China’s Halt of Critical Minerals Poses Risk for U.S. Military Programs
The Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China, which has suspended exports of the materials in an escalating trade war.The New York Times - 2d -
Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried.
The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers.The New York Times - 9h -
China tells its airlines not to buy jets from Boeing in tariff retaliation
As China and the U.S. are locked in an intensifying trade war, China is responding to President Donald Trump’s tariffs by reportedly telling Chinese airlines not to order jets from Boeing, the ...NBC News - 15h -
Parents are ‘hunkering down financially’ to brace for Trump tariff impact
American families are cutting back on summer camps and vacations and delaying major purchases as they prepare to weather a trade war.MarketWatch - 2h -
How Trump’s trade war could raise your car insurance bill
Car repairs and auto insurance prices are projected to rise in 2025 as Trump's trade war reaches drivers.NBC News - 7h -
Italy’s Meloni Heads to Washington to Meet Trump. Will It Pay Off for Europe?
The stakes are high as Giorgia Meloni, a conservative who shares some of Mr. Trump’s nationalist ideology, meets with him on Thursday as his trade war has frayed nerves worldwide.The New York Times - 13h -
Bank of Canada holds policy rate at 2.75%
Decision comes as country faces economic uncertainty from US trade warFinancial Times - 12h -
UK officials label trade documents ‘secret’ to shield from US eyes amid Trump tariff war
Exclusive: civil servants beef up security rules for sensitive negotiating papers over fears posed by hostile US trade policy. UK officials are tightening security when handling sensitive trade ...The Guardian - 9h -
U.S. consumers are "panic-buying" K-beauty products amid Trump's tariff war
Almost all of the serums, face masks and creams sold at Senti Senti, a Brooklyn skincare store, are imported from South Korea and Japan.CBS News - 2h -
Trump's 'buy' tip on social media before tariffs pause made money for investors
President Donald Trump offered some financial advice on Wednesday morning that ended up making a lot of money for any lucky investor who listened to himABC News - 6d -
Potential Tariff Pause for Auto Supply Chains Triggers More Economic Whiplash
The president said carmakers “need a little bit of time” to alter their operations to focus on domestic manufacturing for parts and vehicle assembly.Inc. - 1d -
Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics
A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.The New York Times - 4d -
California suing Trump to stop his 'unlawful' tariffs
Trump's tariffs have whipped up historic market volatility and frayed America's relationships with its allies and trading partners.CNBC - 10h -
Donald Trump’s Tariffs Will Only Strengthen China’s Hand
China’s e-commerce ecosystem illustrates how Trump’s tariffs only strengthen that country’s hand.The New York Times - 7h -
Trump Seeks to Lower Drug Prices Through Medicare and Some Imports
President Trump directed his administration to help states import drugs from Canada. But a proposal to alter a Medicare program to reduce costs could wind up raising prices.The New York Times - 12h -
Amazon Sellers Struggle with Trump’s Tariff Plans
An Illinois couple who sell party supplies on Amazon have been frantically trying to understand and adapt to new costs caused by President Trump’s tariffs.The New York Times - 12h -
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
Trump's tariffs have upended Temu's business model and its advertising strategy.CNBC - 8h -
Trump Tariffs Add to Apple’s Long-Standing Innovation Woes
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 5d -
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.The New York Times - 1d -
Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.The New York Times - 6h -
China reports its economy expanded at a 5.4% annual rate before tariffs
China reports its economy expanded at a 5.4% annual rate in January-March, before some US tariffs took effectABC News - 1d -
Florida stationery business owner sues Trump administration over tariffs
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.CBS News - 2h -
Why Conservative Legal Groups Are Leading the Lawsuits Attacking Trump’s Tariffs
Two legal organizations associated with conservative causes have challenged Trump’s import tariffs, and argue the levies usurp Congress’s power of taxation.Inc. - 1d -
Healthy Returns: What drugmakers are saying about Trump’s looming pharmaceutical tariffs
What Johnson & Johnson and Eli Lilly are saying about Trump’s pharmaceutical tariffs, and Dexcom scores FDA approval for its glucose monitoring system.CNBC - 10h -
Medical product manufacturers are divided over Trump's tariffs
Medical technology and device makers are fighting for tariff exemptions, while PPE makers are applauding the levies.CNBC - 10h