Latest in Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
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Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.CNBC - 2d -
World markets and US dollar suffer worst monthly losses since 2022 as Trump tariffs fuel recession fears – business live
Shares slide after President Donald Trump says new reciprocal tariffs expected this week will include all nations, and Goldman Sachs say US recession more likely. Wall Street shrinks in response ...The Guardian - 2d -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 1d -
Trump’s Global Trade War Makes the Fed’s Task Tougher
Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.The New York Times - 9h -
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.CNBC - 2d -
Trump’s wall of tariffs is likely to raise prices and cause chaos for business
President promised liberation yet may have plunged the US into recession and the world into an economic scramble. Donald Trump is finally making good on his campaign promises to “build that wall” – ...The Guardian - 3h -
As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.The New York Times - 1d -
Liberation from what? Trump promised lower prices – his tariffs risk the opposite
Trump pledged to liberate the nation from higher prices, and is betting tariffs won’t raise them too high, for too long. . For weeks, Donald Trump and his aides sought to brand Wednesday as ...The Guardian - 1h -
Americans’ Reaction to Trump’s Tariffs Vary From Worried to Enthused
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.The New York Times - 1h -
Trump faces crucial week on the economy
President Trump is entering a critical week for the economy amid growing fears that his penchant for tariffs could stall growth and undercut progress on inflation. Trump has described Wednesday as ...The Hill - 2d -
Jim Cramer says a 20% tariff on most imports would be 'horrendous' for the economy
CNBC's Jim Cramer sees five issues with President Donald Trump's potential 20% blanket tariffs, including their effect on inflation and domestic manufacturing.CNBC - 1d -
Senate Republican: Trump 'very well aware' of potential tariff risks
Sen. Ron Johnson (R-Wis.) weighed in on President Trump's looming tariffs, saying Trump is "very well aware" of the potential risks they could have on everyday Americans. Still, Johnson ...The Hill - 11h -
Navarro says Trump’s tariffs will raise $6 trillion over a decade
Peter Navarro, a senior trade adviser to President Trump, said the president’s tariff plan will raise more than $6 trillion in federal revenue over the next decade. Navarro joined “Fox News ...The Hill - 2d -
Trump Announces Tariffs— Get Ready for a Recession
Investors, consumers, executives and traders were already losing confidence in the economy before today.Inc. - 3h -
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.The New York Times - 5d -
Senate Republican on Trump tariffs: 'Let's give it a shot and see what happens'
Sen. Tommy Tuberville (R-Ala.) on Tuesday welcomed President Trump’s tariffs, encouraging others to “give it a shot and see what happens.” “Our country’s going in the wrong direction, $37 trillion ...The Hill - 6h -
How Well-Meaning Systems Stifle Business Growth
When your systems are built to prevent risk, they also prevent growth.Inc. - 9h -
Trump Reciprocal Tariffs Chart: See Which Countries Have the Highest Rates
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.The New York Times - 1h -
See the full list of reciprocal tariffs by country from Trump's chart
President Trump announced reciprocal tariffs on about 60 countries, including China and the European Union. Here's the list.CBS News - 25m -
Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
The president said he “couldn’t care less” if automakers raised prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.The New York Times - 2d -
'Liberation day' may lead to a recession, experts say. Here's why.
Trump is set to unveil tariffs on April 2, which he has dubbed "liberation day."ABC News - 2d -
Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 1d -
Trump Unveils a 10% Blanket Tariff-and 34% Reciprocal Tariff for China
The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.Inc. - 2h -
Trump's tariff gambit will raise the stakes for an economy already looking fragile
President Donald Trump is set Wednesday to begin the biggest gamble of his nascent second term.CNBC - 9h -
Trump tariffs live: US stocks plummet in after-hours trading as experts warn Americans could see higher costs
Dow futures have fallen more than 1,000 points in hours after Trump’s tariff announcement; business leaders warn of fallout from Trump’s trade war. Full report – Trump announces sweeping new ...The Guardian - 44m -
Trump hits UK with 10% tariffs as he ignites global trade war
Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth. US politics – latest updates Donald Trump has hit the UK with tariffs of 10% on ...The Guardian - 3h -
Euro zone inflation dips to 2.2% in March as U.S. tariffs loom
Euro zone inflation dipped to 2.2% in March, as expected, according to flash data from statistics agency Eurostat published Tuesday.CNBC - 1d -
Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.CNBC - 8h -
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted.The New York Times - 5d -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane. See how actions taken by your central bank affect youFinancial Times - 1d -
Tariff timeline: How Trump turned global trade into an economic battlefield
Trump has praised tariffs as a fix for economic issues, but their erratic rollout and shifting reasons have worried investors. See a timeline of the president’s trade rhetoric.NBC News - Mar. 14 -
HYBE IM raises $21M to boost publishing and IP-based games
Not long after raising $80 million, South Korea's HYBE IM has raised $21 million to boost its growth in game publishing and IP games.VentureBeat - 1d -
Aston Martin to raise more than £125mn amid US tariff threat
Luxury-car maker could face £30mn hit to gross profit due to Donald Trump’s looming 25% levyFinancial Times - 2d -
Trump Unveiled Sweeping Tariffs on Nearly All Imports
Also, millions of Americans are at risk for tornadoes and “generational” flooding. Here’s the latest at the end of Wednesday.The New York Times - 2h -
Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears
President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war. As Donald Trump prepared to unveil a swathe of reciprocal tariffs, ...The Guardian - 1d -
The White House’s mixed message on its tariff policy
Trump's tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.The Hill - 1d -
Musk’s merger suffers from serious grade inflation
The huge valuations ascribed to X and xAI have raised eyebrowsFinancial Times - 2d -
Trump’s Tariff Agenda Bets on Americans Giving Up Cheap Goods
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.The New York Times - 17h
