Latest in Economists take issue with Trump's tariff formula, arguing rate is inflated
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Economists take issue with Trump's tariff formula, arguing rate is inflated
The formula the Trump administration used to calculate his tariffs is bewildering economists.CNBC - 1d -
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 - 2d -
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”The New York Times - 2d -
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 - 2d -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 2d -
Trump tells Americans to "hang tough" as 10% universal tariffs take effect
Countries targeted by President Trump for higher so-called reciprocal tariffs are due to go into effect on Wednesday.CBS News - 8h -
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.The New York Times - 2d -
'Sometimes you have to take medicine': Trump defends sweeping tariffs
Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.BBC News - 4h -
Trump tariffs risk large euro-area ‘demand shock’, central banker warns
Greece’s Yannis Stournaras says looming trade war will drag down both growth and inflationFinancial Times - 4h -
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 - 9h -
Trump admin argues judge can't order return of mistakenly deported man
Government lawyers say a federal judge has no control over Kilmar Abrego Garcia and no authority to arrange for his return.CBS News - 8h -
FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says ‘sometimes you have to take medicine’ – business live
Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns. Hong Kong stocks have plummeted more than 9% ...The Guardian - 32m -
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 -
GS sees US recession if full tariff rates go into effect
And it’s almost 50-50 even if they don’tFinancial Times - 3h -
Trump says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, but that markets "sometimes need to take their medicine."CNBC - 8h -
Vietnam Urges United States to Delay Imposing Tariffs On It
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.The New York Times - 14h -
TikTok Deal Stymied Over Trump Tariffs
A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China.Inc. - 1d -
Trump Tariffs Spill Over into Italian Wine Industry
The Italian wine industry may suffer immensely with Trump tariffs.Inc. - 15h -
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.The New York Times - 1d -
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 - 2d -
Benefits of ADHD medication outweigh health risks, study finds
Children taking ADHD drugs showed small increases in blood pressure and pulse rates but ‘risk-benefit ratio is reassuring’. The benefits of taking drugs for attention deficit hyperactivity disorder ...The Guardian - 9h -
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 - 2d -
Trump’s Tariffs Are Threatening the US Semiconductor Revival
While the White House carved out a narrow exemption for some semiconductor imports, President Donald Trump’s sweeping tariffs still apply to GPUs and chipmaking equipment.Wired - 1d -
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.CBS News - 10h -
See the full list of reciprocal tariffs by country from Trump's chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.CBS News - 2d -
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Nintendo Delays Switch 2 Preorders Thanks to Trump’s Tariffs
In an unprecedented move, Nintendo has pushed preorders for its highly anticipated Switch 2 to an unknown date. Why? Trump’s tariffs.Wired - 2d -
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 - 2d -
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 - 1d -
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 - 1d -
Asian stock markets slide as Trump tariff selloff deepens
Key Asian stock markets tumbled upon opening on Monday as the world's reaction to President Donald Trump's tariffs campaign continued.ABC News - 2h -
Auto Sales Surged in Anticipation of Trump’s Tariffs
Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.The New York Times - 4d -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 2d -
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 - 1d -
Trump officials defend tariffs amid market, conservative unrest
Trump administration officials fanned out across the media talk shows on Sunday to defend tariffs imposed by the president on just about every country on Earth. The reciprocal tariffs were long ...The Hill - 11h -
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 - 2d -
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 - 2d -
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.CBS News - 2d -
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 - 1d