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 - 3d -
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 - 3d -
Tech group CEO: Trump tariffs will 'drive inflation,' 'kill jobs'
The head of the Consumer Technology Association (CTA) warned that President Trump’s sweeping tariffs will “drive inflation” and “kill jobs,” risking a recession in the U.S. Trump announced his ...The Hill - 7h -
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 - 2d -
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 - 3d -
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 - 1d -
Trump's tariffs slammed the market and our financial stocks. 1 of them is a buy
Shares of Goldman Sachs, BlackRock and Wells Fargo plunged Thursday amid the global market selloff.CNBC - 2h -
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 - 23h -
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 - 2d -
'Absolutely nothing good' coming out of Trump's tariff announcement: Analysts react to latest U.S. levies
Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.CNBC - 13h -
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 - 21h -
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 - 3d -
Americans’ Reactions to Trump’s Tariffs Range From Worried to Enthusiastic
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 - 16h -
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 -
See all the Trump tariffs by country
A table showing all the new US tariffs announced by President Trump on WednesdayBBC News - 3h -
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 - 1d -
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 - 6d -
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 - 3d -
How Trump's new tariffs could tip economies to 'brink of recession'
Stock markets around the world are reacting negatively to President Donald Trump's new tariffs, creating "deep unease and worry" about what the actions will do to global economies. NBC’s Christine ...NBC News - 9h -
Trump Announces Tariff—Get Ready for a Recession
Investors, consumers, executives, and traders were already losing confidence in the economy before today.Inc. - 23h -
Will Trump’s ‘liberation day’ tariffs drag US into recession?
President’s move to rip up global trade rule book will hit an economy already losing momentum, say economistsFinancial Times - 10h -
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 - 1d -
How Well-Meaning Systems Stifle Business Growth
When your systems are built to prevent risk, they also prevent growth.Inc. - 1d -
Russia’s Escape From Trump’s Tariffs Raises Questions
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.The New York Times - 8h -
Trump’s chaos-inducing global tariffs, explained in charts
The US president’s announcement has caused market chaos and threatens a trade war and US recession. Donald Trump ’s announcement of a long slate of new tariffs on the US’s trading partners has ...The Guardian - 58m -
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 - 3d -
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 - 22h -
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 - 3h -
'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 -
The Trump Tariffs Are How Everything Works Now
The US is barreling toward a recession for no good reason, and dragging the world—and a few thousand penguins on remote Antarctic islands—down with it.Wired - 6h -
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.The New York Times - 12h -
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 - 2d -
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 - 1d -
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.The New York Times - 15m -
Trump’s high-risk, high-reward Liberation Day tariffs
Are President Trump's Liberation Day a masterstroke of economic nationalism or a reckless gamble that could upend international trade laws and the broader economy? The smart money is on Door No.2.The Hill - 4h -
Trump’s Tariffs Are Latest Sign of His Second-Term Appetite for Risk
President Trump’s announcement went beyond most predictions, showing a greater willingness to follow his instincts even when critics — and some allies — consider failure a likely outcome.The New York Times - 11h -
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 - 20h -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 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 - 2d