Latest in Dimon: Trump tariffs will boost prices, weigh down economy
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JPMorgan’s Jamie Dimon Warns of ‘Considerable Turbulence’ Ahead for Economy
JPMorgan’s Jamie Dimon, known for his frankness, is tiptoeing around tariffs as he and other leaders of big banks reveal their latest earnings.The New York Times - 4d -
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 - 5d -
Putin’s war chest under threat as oil prices slide
Donald Trump’s tariff war adds pressure to Russian economyFinancial Times - 4d -
Khanna on Trump White House: ‘They need to have a 21st century understanding of the economy’
The Silicon Valley Democrat said the president’s tariff policies are “chaotic” and will hike prices without reestablishing manufacturing jobs.Politico - 3d -
‘Completely out of touch’: golf and dinners for ‘king’ Trump as economy melts down
Casual attitude as markets fall suggests man detached from anxieties of ordinary voters – and surrounded by yes men. After lighting a fuse under global financial markets, Donald Trump stepped ...The Guardian - 4d -
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’. Sony has increased the price of its PlayStation 5 by 25% as the ...The Guardian - 2d -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest on tariffs and executive ordersFinancial Times - 2d -
Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain
Even if gadget prices surge, we have plenty of cheaper options, like buying last year’s phone model instead of the latest and greatest.The New York Times - 1d -
Trump trade war could challenge US credibility, says Jamie Dimon
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalateFinancial Times - 1d -
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.The New York Times - 1d -
‘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 - 4d -
Trump exempts smartphones from ‘reciprocal’ tariffs after market rout
Dispensation is first sign of softening of levies against China and provides a big boost for AppleFinancial Times - 3d -
‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally
Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’. Business live – latest updates China has played down the risk of ...The Guardian - 2d -
Trump Tariffs Muddle Campaigning for Canada’s Conservatives
Pierre Poilievre’s 25-point lead in the polls evaporated, and he struggled to switch voters’ focus to the economy, crime and other issues.The New York Times - 4d -
Karl Rove urges Trump to avoid tariff ‘happy talk’ amid economic uncertainty
Longtime Republican operative and Fox News contributor Karl Role urged President Trump and his administration to avoid “happy talk” around tariffs amid the uncertainty around the country’s ...The Hill - 4d -
Trump tariff plans bring wide concern about financial impact — CBS News poll
President Trump's approvals on economy and inflation dip, as Wall Street has one of its most volatile weeks in recent years.CBS News - 2d -
How Tariffs Could Cause Car Insurance Costs to Rise
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.The New York Times - 5d -
Trump now owns the creaky economy, lock, stock and imported barrel
Trump's handling of the economy has led to a decline in his approval rating, with most Americans disapproving of his policies, and Democrats need to capitalize on this to win back control of Congress.The Hill - 1d -
China says ‘sky won’t fall’ as exports surge ahead of Trump’s tariffs
Rush of shipments preceded escalation of trade war between world’s two biggest economiesFinancial Times - 2d -
Trump exempts smartphones and computers from new tariffs
It follows concerns that tech prices could skyrocket, as many gadgets are made in China, with the US president saying he will give more detail on Monday.BBC News - 3d -
US Tariffs Could Make Smartphones Dumber
Donald Trump’s tariffs are likely to make tech manufacturers more risk averse—which could stymie innovation in favor of keeping costs down.Wired - 5d -
Trump’s Give-and-Take Tariff Strategy
The president has watered down some of his trade demands, but that’s created confusion in the markets and has forced his administration to adapt its messaging.The New York Times - 1d -
How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.The New York Times - 3d -
BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now
The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from the Trump administration.CNBC - 5d -
Bank of America profit jumps 10%, but CEO Moynihan warns of ‘a changing economy’
Fueled by growing deposits and a boost in sales and trading revenue, Bank of America’s first-quarter profit blows past Wall Street analyst estimates.MarketWatch - 1d -
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 - 5d -
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 - 4d -
Wall Street isn’t pricing in recession risk
There can be a large lag between the economy weakening and confirmation of an R-word event catching upFinancial Times - 1d -
Chris Riddell on Donald ‘Captain America’ Trump wielding his tariff shield – cartoon
Is the president really ready to do battle with China after causing global chaos and undermining the US economy?. You can buy a copy of this cartoon Continue reading...The Guardian - 4d -
‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed
Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the right. While Donald Trump recently instituted and paused hefty tariffs, sparking a trade war ...The Guardian - 4d -
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 4d -
Tariffs won’t boost U.S. manufacturing — tax cuts will, Johnson & Johnson CEO says
For medical-technology and pharmaceuticals manufacturing, “the most effective answer is not tariffs but tax policy,” Johnson & Johnson CEO Joaquin Duato said.MarketWatch - 1d -
What soaring uncertainty means for the U.S. economy
As experts and business leaders say the lack of clarity around the tariffs is every bit as challenging as the levies themselves, data shows economic uncertainty is the highest it has been in years.NBC News - 1d -
Shopping for an EV or Plug-In Hybrid? Here Are the Ones Built in the US
Donald Trump’s import tariffs will put pressure on the EV market. But these US-assembled battery-powered cars may avoid the worst of the price hikes.Wired - 6d -
Democrats Widely Blast Trump’s Tariffs, but Not Tariffs Overall
While Democrats have widely criticized President Trump’s whipsawing trade strategy as chaotic, they’ve displayed little consensus on where the party stands on tariffs overall.The New York Times - 3d -
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 - 3d -
The Real Reason CEOs Are So Worried About Tariffs
They present more than just a pricing strategy problem.Inc. - 3d -
The Price of Milk: Immigrants Behind American Dairy | CBS Reports
The economy and immigration are two of the biggest issues on the minds of Americans, but we rarely get a look behind the scenes to see how these key forces in American life intersect. CBS News Race ...CBS News - 3d -
Trump tariffs bring Democrat disagreements to surface
President Trump’s tariffs are putting Democrats in a challenging political position as they decide how strongly to denounce his trade policy. Democrats have pounced on Trump’s tariffs in recent ...The Hill - 3d -
Trump Halts China Tariffs on Smartphones, Computers, Electronics
China will be evaluating the impact of these tariff exclusions.Inc. - 2d