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India rebuffs China’s BYD as Trump trade war creates openings
Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rateFinancial Times - 14h -
Switzerland seeks closer EU ties in response to Trump shock
Swiss president to attend informal EU finance ministers’ meeting for the first time, alongside British chancellorFinancial Times - 11h -
Trump had five tariff goals - has he achieved any of them?
The president made a partial reversal this week - here's a look at where it leaves five of his key ambitions.BBC News - 11h -
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties.The New York Times - 13h -
The big lesson for Europe? Trump backed down under pressure | Alexander Hurst
The EU neither ‘kissed ass’ nor unleashed its most powerful trade weapon. Now it must provide the world with an alternative to US chaos. . . My condolences to everyone who spent days trying to play ...The Guardian - 11h -
Dollar and Treasuries sell off as Trump’s China tariffs spook investors
Scale of US levies on Chinese goods deepens recession fearsFinancial Times - 9h -
Woman, 21, charged over vandalism at Donald Trump's Turnberry golf course
Three people have already appeared in court charged over damage caused to the golf course.BBC News - 8h -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 6h -
Why Iran’s Supreme Leader Came Around to Nuclear Talks With Trump
Top Iranian officials pressed the country’s leader to reverse his position, arguing that the risk of war with the United States and the worsening economic crisis could topple the regime.The New York Times - 6h -
Stocks Dive Again as Angst Rises Over Trump’s Trade War
The S&P 500 fell 3.5 percent by the closing bell, erasing part of Wednesday’s recovery, as fears grew that the worsening trade war with China would crimp growth.The New York Times - 6h -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 5h -
Trump’s New Plan for Social Security Death List, and China’s Counterattack on Tariffs
Plus, Hollywood stunts in the spotlight.The New York Times - 5h -
Ask Shrimsley: How can I learn from Trump’s trade war?
Neighbours have been taking advantage of my generous nature for far too long: it’s time for tariffsFinancial Times - 5h -
FirstFT: Sell-off resumes as China retaliates to Trump’s latest tariff rise
Also in today’s newsletter, OpenAI slashes AI model safety testing time and Pentagon terminates $4bn of consultancy contractsFinancial Times - 4h -
Trump administration to refer Maine to DoJ over transgender participation in sports
The deadline has arrived for Maine officials to reach a resolution with the U.S. Education Department over a finding that the state violated antidiscrimination laws by allowing transgender athletes ...ABC News - 3h -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 3h -
Trump has added a political risk premium to US assets
Parking money in America is no longer the routine, fuss-free, neutral optionFinancial Times - 3h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest on tariffs and executive ordersFinancial Times - 3h -
Why Iran’s Supreme Leader Came Around to Nuclear Talks With Trump
Top Iranian officials pressed the country’s leader to reverse his position, arguing that the risk of war with the United States and the worsening economic crisis could topple the regime.The New York Times - 1h -
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.The New York Times - 2h -
Schumer, Warren call on SEC to investigate whether Trump manipulated market
Senate Democratic Leader Chuck Schumer (N.Y.) and Sen. Elizabeth Warren (D-Mass.), the ranking member on the Banking Committee, are calling on the Securities and Exchange Commission (SEC) to ...The Hill - 58m -
Democrats are taking the wrong lessons from Trump’s tariff chaos
Going back to the 1990s is not going to fix what is broken globallyFinancial Times - 2h -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 16h -
China raises tariffs on US goods from 84% to 125%, finance ministry says – business live
China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs . US stocks fall again after rally following Trump’s shock retreat on tariffs Life in Shanghai, ...The Guardian - 6h -
Something Else for Europe and the U.S. to Disagree About: ‘Free Speech’
The two have long been divided on whether speech can be restricted, and when. Under the Trump administration, the gap is widening.The New York Times - 3d -
Justice Dept. Disbands Cryptocurrency Enforcement Unit
The Trump administration is dialing back its enforcement of cryptocurrency, and criticizing Biden-era prosecutions.The New York Times - 2d -
Tariff Uncertainty Is Freezing M&A and Dealmaking. It May Not Thaw for a While
Trump may have paused ‘reciprocal’ tariffs on most countries for now, but continued uncertainty has been freezing mergers and acquisitions.Inc. - 1d -
CNBC and Fox Business See Viewership Soar Amid Market Chaos
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy.The New York Times - 1d -
Market Madness, Manufacturing, and the Liberation Day of It All
Donald Trump’s tariff announcements are roiling the markets. On this week’s special episode of Uncanny Valley, we break it all down.Wired - 1d -
4/9: CBS Evening News Plus
What's next for global trade after Trump's tariff pause; Reporter's Notebook: The formula for serving a higher purposeCBS News - 1d -
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.The New York Times - 1d -
4/9: CBS Evening News
Stock market sees historic rally after Trump pauses reciprocal tariffs; Uber's most interesting lost and found itemsCBS News - 1d -
U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The dollar has fallen since President Donald Trump announced new tariffs last week.CNBC - 19h -
Tensions arise over Speaker Mike Johnson's efforts to bring Rep. Elise Stefanik back into the fold
After Trump pulled Stefanik’s nomination to be U.S. ambassador to the U.N., Johnson faces a conundrum on how to place her on a key committee.NBC News - 15h -
Inflation rate rose by 2.4% last month, showing cooling prices
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.CBS News - 15h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 14h -
Tensions arise over Speaker Mike Johnson's efforts to bring Rep. Elise Stefanik back into the fold
After Trump pulled Stefanik’s nomination to be U.S. ambassador to the U.N., Johnson faces a conundrum on how to place her on a key committee.NBC News - 15h -
Dollar slumps to three-year low as Treasury yields soar
Analysts point to crisis of confidence in US currency amid chaotic rollout of Trump tariffsFinancial Times - 15h -
What’s Wrong With Apple?
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 6h -
Shein gains approval from UK regulators for London float
FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffsFinancial Times - 7h