Latest in Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
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Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.BBC News - 4h -
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading toward a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.CNBC - 10h -
Trump adviser fires back at Bill Ackman: 'Nuclear winter' talk 'completely irresponsible'
White House National Economic Council (NEC) Director Kevin Hassett said in a Monday interview that billionaire hedge fund investor Bill Ackman “should ease off the rhetoric” after he warned that ...The Hill - 7h -
How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue | Nils Pratley
While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guesswork. Volatility grips global stock markets as Trump insists on tariff ...The Guardian - 5h -
Trump says US ‘having direct talks’ with Iran over nuclear deal
President, sitting in Oval Office with Benjamin Netanyahu, warns Tehran of ‘great danger’ if talks are not successful. Donald Trump has announced that the US is to hold direct talks with Iran in a ...The Guardian - 2h -
Business leaders speak out about President Trump’s tariffs
Billionaire Trump backer Bill Ackman is among the business leaders who have criticized the president’s trade war. NBC News’ Christine Romans reports Ackman called the tariffs a mistake and urged a ...NBC News - 43m -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 1d -
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.The New York Times - 5h -
Trump: US, Iran to hold direct nuclear talks on Saturday
President Trump said the U.S. will hold direct talks with Iran over its nuclear program, saying a meeting is set for Saturday. He made his remarks alongside Israeli Prime Minister Benjamin ...The Hill - 3h -
Billionaire financiers lambast Trump tariffs
Alarm at market turmoil prompts even allies of the president to speak outFinancial Times - 4h -
Trump not trying to crash market with tariffs, says White House economic advisor
Despite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."CNBC - 1d -
Musk, Navarro tangle on tariffs
Tech billionaire and close Trump ally Elon Musk tangled with the president's trade advisor Peter Navarro on tariffs over the weekend, as the administration’s new import taxes have roiled the stock ...The Hill - 8h -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 3d -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 3d -
Jamie Dimon, Wall Street figures warn about Trump's tariffs
JPMorgan CEO Jamie Dimon and noted Wall Street investor Bill Ackman are speaking out about President Trump's tariffs.CBS News - 7h -
TikTok Deal Stymied Over Trump Tariffs
A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China.Inc. - 2d -
Trump Tariffs Spill Over into Italian Wine Industry
The Italian wine industry may suffer immensely with Trump tariffs.Inc. - 1d -
Which Trump-supporting billionaires have lost the most in tariff markets turmoil?
Wealth of world’s richest tycoons shrinks as US president’s trade war spooks investors. Business live – latest updates With global stock markets reeling from Donald Trump’s announcement of ...The Guardian - 9h -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 11h -
Why some business leaders are ‘afraid’ to speak out against tariffs
CNBC’s Andrew Ross Sorkin joins TODAY to discuss the economic uncertainty around President Donald Trump’s global tariffs and why some business leaders are “afraid” to speak out right now over fears ...NBC News - 11h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 20h -
Trump looks for deals amid wild stock swings
{beacon} STOCKS FELL FOR A THIRD CONSECUTIVE DAY Monday as markets reel from ongoing uncertainty over President Trump's sweeping new tariffs and business leaders' warnings of potentially dire ...The Hill - 2h -
Live updates: US to have direct talks with Iran; markets slide eases amid tariff moves
President Trump is holding firm in his economic plans, even as stocks opened Monday morning at a loss and discontent grew over the weekend with his tariff agenda. He pushed back on criticism ...The Hill - 3h -
Trump’s Tariffs: Is Globalisation Over?
Prime Minister Keir Starmer says "the world as we knew it has gone"BBC News - 1d -
Under Trump and Musk, billionaires wield unprecedented influence over US national security
Government officials and contractors long controlled spy operations. Now the likes of Musk and Bezos are in control. Just days before Donald Trump ’s inauguration in January, Blue Origin, the ...The Guardian - 1d -
I'll only sign US tariffs deal if it suits UK, says prime minister
The UK hopes to limit the impact of President Trump's tariffs in an economic agreement with the US.BBC News - 7h -
Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'
Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.CNBC - 11h -
Congress has power over tariffs, but stopping Trump isn't likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.CNBC - 3d -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 3d -
China accuses US of unilateralism, protectionism and economic bullying with tariffs
China on Monday accused the U.S. of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to “take concrete ...ABC News - 8h -
Trump says he is 'not looking' to pause tariffs before this week's rollout, despite market uncertainty
President Donald Trump said he is not looking to pause his tariffs before they go into effect Wednesday, despite turmoil in the stock market and global economic fears.NBC News - 3h -
Trump threatens additional 50% tariffs on China over retaliatory levies
President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fall. US politics live – latest updates Donald Trump has threatened to impose an ...The Guardian - 44m -
Republicans Ted Cruz, Rand Paul speak out on risks of Trump tariff policy
As fallout continues from Trump's severe tariff policy on virtually all U.S. trading partners, some GOP senators are warning about the risks for American families.ABC News - 7h -
Trump digs in on tariffs amid market volatility: From the Politics Desk
In today’s edition, we break down the latest fallout from Washington to Wall Street as President Donald Trump forges ahead with new tariffs that have led to global economic uncertainty.NBC News - 1h -
JPMorgan chief Dimon warns trade war risks recession and higher prices
Donald Trump’s tariffs could cause long-lasting damage to US alliances, Wall Street banker tells shareholdersFinancial Times - 13h -
CEOs Cry Foul Over Trump’s Tariffs: ‘This Is Not What We Voted For’
As markets whipsaw and recession fears grow, businesses small and large are on edge amid tariff-induced uncertainty.Inc. - 5h -
CNBC says it aired 'unconfirmed' report on Trump tariff plans amid market turmoil
CNBC on Monday acknowledged that it aired a banner containing unconfirmed information about President Trump's economic plans amid widespread market uncertainty stemming from the tariffs he ...The Hill - 4h -
Mark Cuban: Tariffs, DOGE cuts could result in 'far worse situation than 2008'
Billionaire investor Mark Cuban predicted the United States economy would be in a “far worse situation than 2008” if President Trump’s tariffs stay in place and Elon Musk’s Department of Government ...The Hill - 1h -
Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones Industrial ...The Hill - 1d -
Trump pushes back on tariff criticism: ‘Don’t be a Panican’
President Trump on Monday pushed back on criticism over his tariffs, calling on Americans to be patient and not be a “panican,” coining a new term. “The United States has a chance to do something ...The Hill - 9h