Global stocks plummet as Trump offers no respite from tariffs

Stocks Tumble as Investors Balk at Tariff Plan

Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.

The New York Times - 2d

Restaurant stocks fall as investors fear recession, sales slowdown

Restaurant stocks, from McDonald's to Chipotle, fell as investors fear a recession is coming.

CNBC - 7h

Live updates: US to have direct talks with Iran; markets slide eases amid tariff moves

President Trump is holding firm in his economic plans, even as stocks opened Monday morning at a loss and discontent grew over the weekend with his tariff agenda. He pushed back on criticism ...

The Hill - 5h

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 - 1d

‘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 Blocked America’s Front Door to China. Now He’s Closing Back Doors.

The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.

The New York Times - 3d

4/7: CBS Morning News

U.S. stock futures trending down amid tariff anxiety; Second child dies from measles-related causes in Texas.

CBS News - 5h

Media Outlets Face Fallout from Dubious 90-Day Tariff Pause Report

The report, that President Trump was considering a pause on his expansive tariffs, spread on social media and was amplified by CNBC and Reuters. The White House called the claim “fake news.”

The New York Times - 6h

Jim Cramer's top 10 things to watch in the stock market Monday

U.S. stocks are set for another brutal open today after last week's tariff-driven carnage.

CNBC - 12h

CNBC says it aired 'unconfirmed' report on Trump tariff plans amid market turmoil

CNBC on Monday acknowledged that it aired a banner containing unconfirmed information about President Trump's economic plans amid widespread market uncertainty stemming from the tariffs he ...

The Hill - 6h

The Fed shouldn’t try to save the world from Trump tariffs

Given its record, the risk is that the US central bank will do just that

Financial Times - 21h

Argentina's Milei doubles down on Trump bromance as the world reels from trade shock

While the world’s leaders were wringing their hands over President Donald Trump’s announcement of sweeping tariffs on U.S. imports, Argentina’s right-wing president was ebullient, feted at Trump’s ...

ABC News - 2d

'Wi-Fi Keeps Going Down': Donald Trump's Return-to-Office Mandate Is Going Terribly

Dozens of federal employees tell WIRED the return-to-office order has resulted in widespread chaos, plummeting productivity, and significantly reduced services to the public.

Wired - 10h

What Is a Bear Market? Are We in One?

A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.

The New York Times - 5h

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 - 12h

4/07: CBS Mornings Plus

President Trump’s new tariffs shake global markets. Also, how a bar conversation turned into March Madness’ most iconic song.

CBS News - 3h

TikTok Deal Stymied Over Trump Tariffs

A deal for TikTok to be purchased has stalled due to Trump’s tariffs on China.

Inc. - 2d

Trump Tariffs Spill Over into Italian Wine Industry

The Italian wine industry may suffer immensely with Trump tariffs.

Inc. - 1d

What Trump’s Tariffs Will Mean for the Apparel Industry

Expect meaningful pullback in consumption if Trump’s tariffs do in fact stand.

Inc. - 5h

Trump’s Tariffs: US vs China

President Trump ramps up the threat of a trade war with possible more tariffs on China.

BBC News - 6h

Musk’s Dissent on Tariffs Sparks Backlash From White House Insiders

Can’t DOGE this: Trump trade adviser Peter Navarro snubs the billionaire’s call for a U.S.-E.U. free trade and immigration zone as the naivete of someone who “sells cars,” and “doesn’t understand” ...

Inc. - 8h

Trump: Tariffs sparking investment in US

President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected ...

The Hill - 13h

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 - 2d

UK Eases Rules on EVs as Trump’s Auto Tariffs Hit

Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.

The New York Times - 12h

Apr 3: CBS News 24/7, 4pm ET

Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leaders

CBS News - 3h

Are US tariffs just the beginning? With Abraham Newman

There are other tools of economic coercion in the modern global economy

Financial Times - 21h

Trump’s tariff blitz sparks turmoil for green energy sector

Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuels

Financial Times - 21h

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 - 7h

Americans who want to retire now ‘don’t look at the day-to-day fluctuations,’ Sec. Bessent says

Treasury Sec. Scott Bessent on Meet the Press responds to Americans who have seen their 401(k)s hit by President Trump’s tariffs and stock market uncertainty, claiming those who want to retire ...

NBC News - 1d

White House dismisses rumor that led markets to jump: 'Fake News'

The White House pushed back on the idea that President Trump is considering a 90-day pause on tariffs as “fake news” after it spread on social media and caused the stock market to jump. “Wrong. ...

The Hill - 10h

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 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 - 2d

Stocks Plunge Worldwide, and Trump Faces Mass Protests

Plus, Wayne Gretzky’s record finally falls.

The New York Times - 15h

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 - 1d

Trump Says No Pause to Tariffs as He Targets China for 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 - 4h

Trump threatens to veto Senate bill limiting his tariff power

The Trump White House has threatened to veto a bipartisan Senate bill that would check President Trump’s authority to impose new tariffs or increase tariffs by requiring Congress to approve them ...

The Hill - 7h

Barcelona midfielder instructs agent to reject offers from other clubs amid renewal talks

With each passing day, Frenkie de Jong appears to be moving closer to renewing his contract at Barcelona. The Dutch international has established himself as a key player for Barcelona since the ...

Yahoo Sports - 20h