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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 - 12h -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.CNBC - 14h -
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 - 15h -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 1d -
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 - 16h -
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 - 10h -
Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss
Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long. European markets slump Business live – latest updates The JP Morgan chief executive, Jamie Dimon, ...The Guardian - 14h -
‘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 -
Trump calls his tariffs a ‘beautiful thing to behold’ amid stock selloffs
Facing mounting pressure over the economy, President Donald Trump is not backing down, calling his global tariffs a “beautiful thing to behold” and arguing he’s fulfilling a campaign promise to ...NBC News - 15h -
7 Americans Weigh In on Trump’s Sweeping Tariffs
Voters were bracing for the effects of President Trump’s recent tariffs in their own lives, but some said they were, for now, waiting and watching to see how all of this plays out.The New York Times - 2d -
BlackRock CEO: Economy 'weakening as we speak'
BlackRock CEO Larry Fink warned Monday that the economy is “weakening as we speak,” amid widespread turmoil in the markets driven by the Trump administration’s sweeping new tariffs. “The economy ...The Hill - 8h -
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 - 9h -
Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
UBS sees iPhone prices going up, a concern that is shared by investors and customers due to President Trump's tariffs.CNBC - 7h -
Caribbean is friend of US, not an enemy, regional leaders say over Trump’s tariffs
Barbados PM and Caricom chair calls on Washington to engage in talks to ‘keep prices down for all of our people’. The Caribbean is a friend, not an enemy, leaders in the region have told Donald ...The Guardian - 11h -
'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 - 1h -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 3d -
Small business owners react to Trump's sweeping tariffs
Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.ABC News - 3d -
Trump's 'one shot' on trade
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump ramps up as markets melt down The White House showed no signs Monday of ...The Hill - 4h -
Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.The New York Times - 2d -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 3d -
Trump defends tariffs as markets plunge: 'I don't want anything to go down'
President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.” “When you look at the trade deficit we have with certain countries, with ...The Hill - 1d -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest data on imports, exports and trade balancesFinancial Times - 16h -
Trump threatens additional 50 percent tariff on China
President Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world's two largest economies. Trump's threat is ...The Hill - 12h -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 14h -
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 -
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 - 1d -
U.S. crude oil losses deepen as Trump tariffs fuel 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 - 8h -
Starmer vows not to raise taxes despite Trump’s tariffs
Prime minister says he will ‘seize the opportunity’ to make the economy more secureFinancial Times - 11h -
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 - 10h -
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 - 22h -
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 -
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 - 1d -
Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an ...The Hill - 8h -
Pres. Trump ‘doubling down’ on negotiating for better tariff deals
NBC News Correspondents Gabe Gutierrez and Brian Cheung, CNBC Correspondent Bob Pisani and KPMG Chief Economist Diane Swonk join Meet the Press NOW to discuss the volatile markets as President ...NBC News - 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 -
Stocks fall after day of wild swings as markets digest Trump's tariff reality
Wall Street ended largely lower Monday after a wild trading day as President Donald Trump escalated his trade war with aggressive tariffs that have rocked the global economy, leaving investors -- ...NBC News - 1d -
Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...The Hill - 13h -
Jeffries accuses Trump of tanking the economy to create opportunities for the rich
House Minority Leader Hakeem Jeffries (D-N.Y.) on Monday accused President Trump of intentionally crashing the economy to benefit the GOP’s wealthy donors and other well-heeled interests. The ...The Hill - 5h -
American readers worry tariffs will turn the page on affordable reading
President Donald Trump’s tariffs have some of the internet’s most voracious readers worried: the price of books and access to them could be changed significantly.NBC News - 8h