Latest in Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
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‘Cost and chaos’: Trump’s metal tariffs sweep across corporate America
Executives grapple with uncertainty and price volatility even before levies come into effectFinancial Times - 37m -
Tequila, mezcal are the only spirits growing in sales, but tariffs would be 'catastrophic,' industry group says
U.S. spirits sales declined in 2024 despite maintaining its market share ahead of beer and wine. Tequila and Mezcal grew, but tariffs could change that.CNBC - 7h -
1st lawsuits targeting foreign aid freeze bemoan 'chaos' in Trump order
Several nonprofit groups are accusing the Trump administration of failing to disperse congressionally approved funds by freezing all foreign aid for 90 days.ABC News - 7h -
Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.The New York Times - 8h -
EA Previously Had The "Worst CEO" In Gaming, Ex-Activision Boss Says
In 2013, John Riccitiello stepped down as EA's CEO following a tumultuous six-year run on top of the company. During Riccitiello's reign, Activision's Call of Duty franchise overtook Battlefield ...GameSpot - 8h -
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S. from Canada and Mexico.CNBC - 9h -
Citadel CEO Ken Griffin says Trump's 'bombastic' trade rhetoric is eroding trust in the U.S.
Citadel CEO Ken Griffin sent a stern warning Tuesday against the negative impact from President Donald Trump’s combative approach to U.S. trade policy.NBC News - 10h -
Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.NBC News - 10h -
Why US tariffs only compound the EU steel industry’s existential woes
Also in this newsletter: Poland’s very own deregulation supremoFinancial Times - 23h -
Trump tariffs are 'punitive,' former U.S. ambassador to Singapore says, warns of U.S. job losses
Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.CNBC - 1d -
How Trump's tariffs are a political tool
President Trump's expected tariffs on steel and aluminum could impact U.S. allies around the world. CBS News' Weijia Jiang breaks down how Mr. Trump's tariffs are part of his political arsenal.CBS News - 1d -
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China imposes tariffs on U.S. goods as new round of Trump tariffs coming
China has released a list of new tariffs on U.S. goods. This comes as President Trump touts plans for 25% tariffs on steel and aluminum. CBS News contributor Javier David has more.CBS News - 1d -
EU says it will retaliate immediately if Trump imposes new tariffs
Bloc’s leaders also pledge to protect EU interests after US president announces escalation in aggressive trade policy. Europe will not hesitate to retaliate if Donald Trump imposes any new tariffs, ...The Guardian - 1d -
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.CNBC - 1d -
UK steel industry fears ‘devastating blow’ from Trump tariffs; Brussels vows to react; FTSE 100 hits record high – business live
US president says 25% tariffs on steel and aluminium imports to be introduced this week as Chinese tariffs come into effect. Trump to announce 25% aluminum and steel tariffs as China’s levies ...The Guardian - 1d -
DeepSeek’s AI model is ‘the best work’ out of China but the hype is 'exaggerated,' Google DeepMind CEO says
DeepSeek's AI model "is probably the best work" out of China, Demis Hassabis said on Sunday, but added it was not a scientific advancement.CNBC - 1d -
President Trump says he'll impose tariffs on aluminum and steel
President Trump said he's going to impose 25% tariffs on all foreign steel and aluminum imports starting Monday. It will have the biggest impact on allies like Canada and Mexico. CBS News' Nancy ...CBS News - 1d -
Trump says he will announce new tariffs on aluminum, steel imports on Monday
President Trump also said he would announce "reciprocal tariffs" on Tuesday or Wednesday.CBS News - 1d -
Trump says tariffs coming on steel and aluminium
Imports of the metals will be hit with a 25% levy, a move that will have the biggest impact in Canada.BBC News - 1d -
New Zealand has 'complementary' trade ties with the U.S., finance minister says, as Trump tariff threat looms
Finance Minister Nicola Willis says "New Zealand is distinguished in that we have a very balanced and complementary trade relationship with the United States."CNBC - 1d -
Brussels becoming more supportive of Big Tech, says Booking CEO
Also in this newsletter: ruling party to lose outright majority in Kosovo electionsFinancial Times - 1d -
Trump says 25 percent tariffs on steel and aluminum coming Monday
President Trump said he will announce 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said that the steel and ...The Hill - 2d -
Trump says he’ll roll out reciprocal tariffs this week. Here are his possible targets.
President Donald Trump on Friday said his administration would soon have an announcement about reciprocal tariffs. Peter Navarro, a longtime adviser to the president, has a target list for him.MarketWatch - 2d -
European companies warn over Trump tariff uncertainty
Executives left guessing at scale and impact of any US levies on EU importsFinancial Times - 3d -
Trump’s Gaza proposal dashes shipping industry’s Red Sea hopes
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefireFinancial Times - 3d -
Trump Says He Will Announce Reciprocal Tariffs Next Week
The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.The New York Times - 4d -
‘It’s Pure Chaos.’ Government Contractors Chart an Uncertain Path After Trump’s Sweeping Anti-DEI Orders
Government contractors worry that running afoul of Donald Trump’s executive orders on DEI will cost them funding, which could have disastrous results.Inc. - 4d -
AEW CEO Tony Khan says he wants to keep company private to pass it down to his kids
AEW founder and co-owner Tony Khan says he wants to keep the league privately held so he can one day pass it down to his kids.CNBC - 4d -
An industry waits for Grand Theft Auto VI to get a release date
Take-Two's stubbornness on refusing to date GTAVI makes sense for them, but other game makers are holding their breath in the meantime.VentureBeat - 5d -
Take-Two CEO bullish on his games but wary on tariffs | Strauss Zelnick
Strauss Zelnick, CEO of Take-Two Interactive Software, talked about the latest plans the triple-A game publisher has with its upcoming titles and his view of possible tariffs on game consoles. I ...VentureBeat - 5d -
Trump Media Is Moving Into the Financial Services Industry
The parent company of Truth Social said it had applied for trademarks for investment products that would allow supporters to invest in the “patriotic economy.”The New York Times - 5d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 5d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5d -
Elon Musk’s Takeover Is Causing Rifts in Donald Trump’s Inner Circle
“He’s getting too big for his breeches,” says one Trumpworld source.Wired - 6d