Latest in China hits back at Trump with 34% tariff on U.S. imports
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Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.The New York Times - 9h -
Wall Street Is Bowing Out of Trump’s Tariff Uncertainty
The stock market just saw more than $6 trillion in value wiped out.Inc. - 1h -
How imported eggs saved American breakfast
Eggflation was stalled by Turkey (the country, not the bird)Financial Times - 22h -
'This is the Trump recession,' CEOs say, with price increases and job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 24m -
A Playbook for Law Firms and Colleges to Stand Up to President Trump
Law firms and universities do not need to capitulate. Here’s how they can fight back.The New York Times - 1d -
Tech Stock Shock + Solving the Mystery of OpenAI’s ‘Blip’ + Tinder’s Flirt-Off
What do Trump’s tariffs mean for tech consumers and the future of AI?The New York Times - 3d -
How the EU could boost its defence capabilities with an arms-buyers’ club
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffsFinancial Times - 8h -
The AI Race Has Gotten Crowded—and China Is Closing In on the US
New research from Stanford suggests artificial intelligence isn’t ruled by just OpenAI and Google, as competition increases across the US, China, and France.Wired - 3h -
Corporate America won’t stop Trump’s tariffs. Here’s why | Alex Bronzini-Vender
Whether among executives, lobbyists or university trustees, an elite backlash to the Trump administration won’t work. It’s up to working people to resist. Few historical analogies exist for Donald ...The Guardian - 3h -
Yemen's Houthis say US strikes kill 6 as Trump's bombing video suggests higher overall death toll
Suspected U.S. airstrikes over the weekend targeting Yemen’s Houthi rebels killed at least six peopleABC News - 12h -
US defends tariffs on remote island of penguins and seals
A group of islands, occupied only by penguins and seals, has been swept up in Trump's trade war.BBC News - 7h -
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 - 14h -
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 -
Nintendo Delays Switch 2 Preorders, Citing Trump’s Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.The New York Times - 2d -
Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.The New York Times - 2d -
How Trump's tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario.CNBC - 1d -
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.The New York Times - 1d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial Times - 15h -
The Fed shouldn’t try to save the world from Trump tariffs
Given its record, the risk is that the US central bank will do just thatFinancial Times - 9h -
Trump’s tariff blitz sparks turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 9h -
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.The New York Times - 7h -
The weekend Trump’s tariff threats became real for global investors
If global long-only funds start to rotate out of risk the market, turmoil could get worseFinancial Times - 7h -
Global stocks plummet as Trump offers no respite from tariffs
Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemicFinancial Times - 4h -
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
A brutal day for markets around the world added to the pain of last week’s market turmoil, with more declines expected when trading starts in New York.The New York Times - 20m -
Global stocks tumble as Trump offers no respite from tariffs
Asian and European indices fall, with US futures also lower, as traders raise bets on Federal Reserve rate cutsFinancial Times - 1h -
Trump, Tariffs and Carney: Canada Polls Show Liberals With Early Election Lift
The Liberal Party, which not long ago seemed destined to crash in federal elections under Justin Trudeau, is experiencing a reversal of fortune. Here’s what a close review of polls shows.The New York Times - 11m -
FirstFT: Global market rout over Trump tariffs continues
Also in today’s newsletter, UK to water down private equity rules and Marine Le Pen denounces “witch-hunt”Financial Times - 3h -
DOGE Adviser’s Hacking Claims Underscore Importance of Vetting Digital Histories
A veteran of Elon Musk’s companies, now working in the Justice Department, previously bragged about hacking software and taking a rival’s customer data.Inc. - 2d -
(Video): Romano names one thing that will be “important” for Chelsea in deciding if they keep Sancho
Jadon Sancho put in another poor performance for Chelsea yesterday against Brentford deepening the sense that the club would be making a mistake by activating the clause to buy him from Manchester ...Yahoo Sports - 3h -
Judge rules Trump administration must fully fund NIH research grants
ByteDance, the Chinese-based company that owns TikTok, is facing a Saturday deadline to either sell the popular social media app to a non-Chinese company or risk being banned in the U.S.NBC News - 3d -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 1h -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 2d -
‘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 - 2d -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 2d -
The limits of the UK-US ‘special relationship’
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly EuropeanFinancial Times - 4h -
US stock futures slide amid historic rout in foreign markets
Key Asian stock markets tumbled upon opening on Monday as the world's reaction to President Donald Trump's tariffs campaign continued.ABC News - 1h -
Everything Is Going According to Plan
Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?The New York Times - 28m -
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 - 2h -
Oil drops further as fears of global recession rise
Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffsFinancial Times - 29m