Latest in 57 year old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
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57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 1d -
Trade War Forces Tough Question for Retailers: Raise Prices or Eat the Cost?
A trade war with China and tariff threats on other countries are ramping up pressure on stores that sell products from overseas — which, for some categories, is just about all of them.The New York Times - 1d -
'Massive game of chicken' between U.S. and China on trade
Consumer confidence dips after a tumultuous economic week amid President Trump's escalating tariffs on China. CNBC Senior Economics Reporter Steve Liesman and former U.S. Ambassador to China ...NBC News - 2d -
China urges Trump to correct mistakes and heed 'rational voices' on reciprocal tariffs
China's Commerce Ministry called tariff exemptions a "small step" but urged the U.S. to "completely abolish" reciprocal tariffs.CNBC - 4h -
Tesla Halts Orders in China on U.S. Imported Models
An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.The New York Times - 2d -
Spaced Out: Spending Cuts Could Hurt Startups
Elon Musk, the CEO of SpaceX and the head of DOGE, could be cutting off funds for new companies in his own industry.Inc. - 2d -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 2d -
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 1d -
Latest details on Trump's tariff pause
President Trump announced Wednesday he's increasing tariffs on China while pausing reciprocal tariffs against most other U.S. trade partners for 90 days. Lindsey Reiser anchored CBS News' live ...CBS News - 2h -
What we know about Trump's tariff pause
President Trump has announced a 90-day pause on reciprocal tariffs for most U.S. trade partners while increasing tariffs on China to 125%. Stocks surged with the news. CBS News' Ed O'Keefe, Kelly ...CBS News - 2h -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 2d -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 6h -
Trump’s trade war shatters hopes of 2025 luxury revival
US-China tariffs look set to condemn industry to another difficult yearFinancial Times - 2h -
Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 3d -
How This Trade War Is Different From All Other Trade Wars
By acting on his own, President Trump has broken with more than 200 years of U.S. history in which Congress set the direction of trade policy.The New York Times - 2d -
10-year Treasury yield tops 4.5% after surge this week that's worrying Wall Street and the White House
The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.CNBC - 2d -
Sports sector can cope with Trump tariffs, says AC Milan owner
Redbird founder Gerry Cardinale predicts clubs and leagues will prove ‘resilient’ even if consumer spending fallsFinancial Times - 18h -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 2d -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 3d -
Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil
As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm . The container ship was halfway across the Atlantic when Donald Trump, during his first ...The Guardian - 7h -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 1d -
U.S. and Ukraine Reopen Talks on Contentious Minerals Deal
Kyiv and Washington have been haggling over a deal for resource rights that President Trump sees as a way to “recoup” past U.S. aid to Ukraine.The New York Times - 2d -
Apr 4: CBS News 24/7, 1pm ET
Dow drops more than 1,000 points after China retaliates with tariffs on U.S. goods; Consumer impacts of Trump's sweeping tariffs explained.CBS News - 1d -
‘I’ve made the most money over the last 30 years buying solid companies in terrible markets’: Should I start buying?
“As the old phrase goes, don’t catch a falling knife.”MarketWatch - 11h -
Get Ready to See Tariff Surcharges on Your Receipts
Companies struck by Donald Trump’s trade levies will likely pass the hit along to consumers—and some will want to clearly point the finger at who is to blame.Wired - 3d -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 2d -
'I can't keep up': Trump's changing tariffs leave shoppers feeling paralysed
The rapid change of Trump's tariff policy has shoppers wondering if they should stock up or just wait this out.BBC News - 14h -
Who is winning the tariff war in the Trump administration?
Meet the Press moderator Kristen Welker joins Sunday TODAY’s Willie Geist to discuss who is winning the battle in President Donald Trump’s administration over his tariffs. Welker says “I think that ...NBC News - 9h -
GOP senator on Trump tariffs: 'What’s the endgame here?'
Sen. Ron Johnson (R-Wis.) said on Sunday said he’s questioning President Trump’s “endgame” in his approach to tariffs, saying the ongoing “volatility” isn’t good for businesses. “One thing I ...The Hill - 3h -
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.CBS News - 1d -
Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs
Trump says he wants to slash the U.S. trade deficit and achieve what he calls "energy dominance."CNBC - 2d -
Trump’s Tariff War Has Added Risk to U.S. Bonds, Long the Surest Bet in Global Finance
Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.The New York Times - 4h -
‘Stuff should be made here’: Ohio shrugs off Trump tariff turmoil
Company owners say the president’s measures will result in more manufacturing in the USFinancial Times - 18h -
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.CNBC - 1d -
What does China really think about Trump? They know about humiliation and won’t take it from him
Economically, the trade war may be bad news for Xi Jingping, but ideologically and politically it is a gift. Last week, Mao Ning, head of China’s foreign ministry information department, posted a ...The Guardian - 18h -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 1d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 1d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 1d -
China is well positioned to weather Trump’s trade war
Five years of export controls have helped it get very good at making things without American technologyFinancial Times - 11h -
Xi Jinping Travels to Southeast Asia Amid Tariff War with U.S.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.The New York Times - 16h