Latest in How Trump's new tariffs could tip economies to 'brink of recession'
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Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald Trump’s tariffs roil financial markets.NBC News - 14h -
Here's how much an iPhone could cost with Trump's tariffs on China
U.S. tariffs on China could add hundreds of dollars to the cost an iPhone, a new analysis shows.CBS News - 8h -
72 percent think Trump tariffs will hurt economy in short term: Survey
A large majority of Americans think that President Trump’s sweeping tariffs will end up hurting the U.S. economy in the short-term, according to a new survey that was released on Wednesday. The ...The Hill - 8h -
Trump risks losing ground with voters on the economy
The anxiety stemming from President Trump’s tariffs is opening him up to new vulnerabilities on an issue that has long been seen as one of his strengths: his handling of the economy. Polls released ...The Hill - 1d -
Dimon: Trump tariffs will boost prices, weigh down economy
JPMorgan Chase CEO Jamie Dimon warned investors that the U.S. economy is facing "considerable turbulence" due to President Trump's escalating trade war, which could slow down growth and lead to a ...The Hill - 2d -
BlackRock CEO: Economy 'weakening as we speak'
BlackRock CEO Larry Fink warned Monday that the economy is “weakening as we speak,” amid widespread turmoil in the markets driven by the Trump administration’s sweeping new tariffs. “The economy ...The Hill - 2d -
Is the US heading for a recession? Three warning signs to watch
Michelle Fleury explains the factors to watch in the economy after President Trump’s tariff announcements.BBC News - 1d -
Goldman Sachs hikes recession probability to 45 percent
Goldman Sachs analysts are again raising the odds of a recession as markets continue to reel in the wake of President Trump’s sweeping tariff actions. The bank warned in a new report on Sunday that ...The Hill - 2d -
Dimon: Recession ‘likely outcome’ after Trump tariffs
JPMorgan Chase CEO Jamie Dimon said he thinks a recession is the “likely outcome” of President Trump’s tariffs. “Do you personally expect a recession,” Fox Business Network host Maria Bartiromo ...The Hill - 12h -
How 125% tariff on Chinese products will affect American shoppers
President Trump announced he is raising the tariff on Chinese goods to 125%. NBC News’ Brian Cheung took a look at how the prices of products from electronics to furniture and clothing could be ...NBC News - 4h -
How much could Trump's tariffs hike the price of your wine and whisky?
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.CBS News - 15h -
What Is Trump’s Tariff Endgame? Recession Fears Grow.
Another sharp sell-off in stocks and bonds greeted President Trump’s latest round of protectionist measures as fears of a U.S. recession grow.The New York Times - 15h -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
How Trump tariffs could push Vietnam into the arms of China
The move has sent shock waves through a region of US strategic importance that had respected Trump as tough on Beijing. Vietnam had tried to appease Donald Trump: tariffs on US goods were reduced; ...The Guardian - 1d -
Wilbur Ross: Tariffs are ‘typical Trump’ high-risk, high-reward play
As the White House presses ahead with sweeping tariffs on dozens of nations that could upend the global economy, President Trump's former Commerce secretary sees it as “typical Trump.” “This is ...The Hill - 17h -
Walmart is facing tariffs and recession fears, but it may have a secret weapon to keep growing
As tariffs roil the U.S. economy, Walmart may find safety in a new part of its business that’s driving more store traffic and online sales: its membership program, Walmart+.NBC News - 1d -
Stock Market Chaos Over Tariffs Could Take Toll on Economy
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.The New York Times - 1d -
JPMorgan chief Dimon warns trade war risks recession and higher prices
Donald Trump’s tariffs could cause long-lasting damage to US alliances, Wall Street banker tells shareholdersFinancial Times - 2d -
Trump's tariffs: How American families, parents will be impacted
The Trump administration's introduction of new tariffs will impact American families and parents as prices rise.ABC News - 2d -
Wall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’
Traders leaving the New York Stock Exchange were trying to make sense of another day of volatility. Traders leaving the New York Stock Exchange after the bell closed on Monday were sanguine about ...The Guardian - 1d -
'They just want clarity': Uncertainty over tariff impacts remain
President Trump announced a 90-day pause on tariffs for more than 75 countries, while raising tariffs on Chinese imports to 125%. NBC News' Christine Romans reports on how the decision could affect ...NBC News - 9h -
Navarro: 'I guarantee no recession, OK?'
White House senior trade adviser Peter Navarro attempted to assure the American public the country will not plunge into a recession sparked by President Trump's recent sweeping tariffs, suggesting ...The Hill - 1d -
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 2d -
Apr 3: CBS News 24/7, 10am ET
Stocks plunge as markets react to President Trump's tariffs; IRS warns against taking tax tips from social media.CBS News - 2d -
Even Streaming Services Might Be Hurt by Trump’s Tariffs
President Trump’s tariffs don’t hit streamers like Netflix directly. But they could impact what streaming services release—and how much people are willing to pay for it.Wired - 1d -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 5d -
CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink
The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.CNBC - 2d -
Trump backs down on tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump relieves GOP, markets with tariff reversal President Trump’s decision to ...The Hill - 4h -
Trump tariffs 'will increase the unemployment rate to recessionary levels,' says economist
As a result of the Trump administration's new tariffs, U.S. job losses “could be in the millions,” says Harry Holzer, senior fellow at Brookings.CNBC - 1d -
Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil
Rates on imports to US from dozens of economies rise further, with China hit by 104% tariffs. Business live – latest updates The US and China are heading towards an all-out trade war, after ...The Guardian - 19h -
4/7: CBS Evening News
Countries seek relief from Trump tariffs as recession fears grip market; These rural Texas high schools are teaming up to stay aliveCBS News - 1d -
How the EU could boost its defence capabilities with an arms-buyers’ club
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffsFinancial Times - 2d -
Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...The Hill - 2d -
Trump tariffs could have "devastating impact," small businesses say
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."CBS News - 1d -
Mark Cuban: Tariffs, DOGE cuts could result in 'far worse situation than 2008'
Billionaire investor Mark Cuban predicted the United States economy would be in a “far worse situation than 2008” if President Trump’s tariffs stay in place and Elon Musk’s Department of Government ...The Hill - 2d -
Trump’s Tariffs Will Pummel Asia. But One Country Sees Opportunity.
Factory-led economies are panicking about the steep new tariffs. Not the Philippines, which believes its role as a manufacturing alternative to China can expand.The New York Times - 14h -
How China’s record trade surplus helped spark Trump’s tariff war
Beijing’s domination of global trade has led to a schism between the world’s two largest economies — and left many others worried about their industriesFinancial Times - 23h -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 3d -
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 - 7h -
‘A lot of red:’ Markets fall again following Trump tariff announcement
President Trump is doing little to calm investors as analysts at JPMorgan warn of a global recession. NBC News Correspondents Yamiche Alcindor and Brian Cheung, CNBC Reporter Steve Liesman and ...NBC News - 5d