Chinese manufacturers warn of price hikes after tariffs

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

Goldman Sachs hikes recession probability to 45 percent

Goldman Sachs analysts are again raising the odds of a recession as markets continue to reel in the wake of President Trump’s sweeping tariff actions. The bank warned in a new report on Sunday that ...

The Hill - 3h

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

'This is the Trump recession,' CEOs say, with tariff price increases, 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 - 28m

Trump’s Tariffs Hit a Sour Note at Landmark NYC Sweets Emporium

Price hikes to direct imports and packaging drive up costs at a New York Sity magnet for global candy fans.

Inc. - 2h

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 shareholders

Financial Times - 7h

The White House is using tariffs to restore manufacturing. Data suggests it will take time.

Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.

NBC News - 3d

Dimon: Trump tariffs will boost prices, weigh down economy

JPMorgan Chase CEO Jamie Dimon warned investors that the U.S. economy is facing "considerable turbulence" due to President Trump's escalating trade war, which could slow down growth and lead to a ...

The Hill - 2h

What to do (and not do) with your money amid tariff turmoil

With Wall Street taking a massive hit and experts warning consumer prices will rise even higher amid a growing trade war, NBC’s Brian Cheung joins TODAY to share tips for what you can do with your ...

NBC News - 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 - 1h

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 - 18h

Trump says tariffs will accelerate reshoring, but experts say it's not that easy

President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.

CNBC - 2d

Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs

The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.

The New York Times - 2d

Trump Threatens Huge Tariffs on China in Response to Its Retaliation

The president said he would counter Beijing’s tariffs — which came in response to Mr. Trump’s own levies — with even more tariffs on Chinese imports.

The New York Times - 50m

Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices

Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.

CNBC - 33m

An Idaho warden acquired lethal injection drugs from an undisclosed supplier on a rural road

While manufacturers of FDA-approved injectable pentobarbital are warning states not to use the sedative in executions, some states are still buying it — and paying top dollar.

NBC News - 3d

Trump’s Trade War Escalates as China Retaliates With 34% Tariffs

The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.

The New York Times - 2d

'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs

The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.

Los Angeles Times - 2d

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 - 5h

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 - 7h

Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs

Ford and Stellantis are offering employee-pricing programs, while Hyundai said it would not raise prices for at least two months to ease consumer concerns.

CNBC - 2d

EV targets watered down to help tariff-hit UK car industry

New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035

Financial Times - 20h

Stock market plunges for second straight day after Trump's tariff announcement

NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.

NBC News - 2d

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 - 19h

US market plunges for second day after Trump’s sweeping tariffs

The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.

NBC News - 3d

Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists

In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.

The New York Times - 18h

Tariffs aren’t enough: America needs a semiconductor revolution

If America wants to lead again, it must go beyond trade wars and build a real manufacturing ecosystem — starting with semiconductors, the linchpin of modern industry.

The Hill - 2h

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 - 2h

Southampton’s relegation is a disaster everyone foresaw but offers a stark warning

After a predictable but needlessly embarrassing Premier League relegation, the club should listen to departing manager Ivan Juric, who highlighted underlying issues on his way out the door

Yahoo Sports - 4h

U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.

CNBC - 2h

Hegseth to visit Panama as US raises pressure over canal

Defence secretary’s trip comes after Washington threatens to retake waterway because of Chinese influence

Financial Times - 13h

‘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

US trading partners puzzle over whether there's room for negotiations

The impact from U.S. President Donald Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals

ABC News - 5h

Fans stage sit-in after derby over ticket changes

Manchester United fan group 'The 1958' staged a sit-in protest against the Glazer Family and the increase in ticket prices after Sunday's Manchester derby at Old Trafford. Hundreds of fans ...

Yahoo Sports - 11h

Trump tariffs risk large euro-area ‘demand shock’, Greece’s central bank governor warns

Yannis Stournaras says looming trade war will drag on growth and inflation

Financial Times - 13h

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 - 3h

Peter Navarro says Vietnam's 0% tariff offer is not enough: 'It's the nontariff cheating that matters'

The examples of nontariff "cheating" cited by Navarro included Chinese products routed through Vietnam, intellectual property theft and a value-added tax.

CNBC - 3h