Latest in Is Trump going into nosedive
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The weekend Trump’s tariff threats became real for global investors
If global long-only funds start to rotate out of risk the market, turmoil could get worseFinancial Times - 5h -
Global stocks plummet as Trump offers no respite from tariffs
Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemicFinancial Times - 2h -
Europe Is Ready to Make Its First Countermove to Trump Tariffs
European Union officials meeting in Brussels will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.The New York Times - 1h -
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
A brutal day for markets around the world added to the pain of last week’s market turmoil, with more declines expected when trading starts in New York.The New York Times - 2h -
Global stocks tumble as Trump offers no respite from tariffs
Asian and European indices fall, with US futures also lower, after worst week for Wall Street equities since pandemicFinancial Times - 11m -
FirstFT: Global market rout over Trump tariffs continues
Also in today’s newsletter, UK to water down private equity rules and Marine Le Pen denounces “witch-hunt”Financial Times - 1h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest data on imports, exports and trade balancesFinancial Times - 1h -
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 - 13h -
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. - 2d -
‘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 - 2d -
A dark hour for American science
Other countries have a chance to attract US talent driven out by Trump’s policiesFinancial Times - 1d -
US closes in on critical minerals deal with DR Congo
Trump’s Africa adviser agrees ‘path forward’ to drive American mining investment as Tshisekedi government seeks to shore up supportFinancial Times - 21h -
Federal probationary workers left in limbo amid legal challenges to mass firings
Probationary workers fired as part of President Trump's downsizing talked about their jobs and their ongoing employment limbo as legal fights continue.CBS News - 16h -
Why the US mortgage market is addicted to big government
Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concernsFinancial Times - 7h -
US defends tariffs on remote island of penguins and seals
A group of islands, occupied only by penguins and seals, has been swept up in Trump's trade war.BBC News - 6h -
The limits of the UK-US ‘special relationship’
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly EuropeanFinancial Times - 3h -
Overseas stock markets plunge, U.S. futures tumble as tariff turmoil continues
Overseas financial markets plummeted Monday and U.S. stock futures fell again in reaction to the Trump administration's latest tariff salvos.CBS News - 1h -
US stock futures slide amid historic rout in foreign markets
Key Asian stock markets tumbled upon opening on Monday as the world's reaction to President Donald Trump's tariffs campaign continued.ABC News - 13m -
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 - 1h -
In South Africa, a needle exchange program for drug users feels the effects of Trump's aid cuts
A secluded corner near South Africa’s capital is home to dozens of people with drug addictionABC News - 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 -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 2d -
Advocacy groups fear Trump pressure will force Big Law into civil rights retreat
Firms that helped fight high-profile battles targeted by White House executive ordersFinancial Times - 1d -
Britain needn’t be cowed by wrecking-ball Trump, it should seize opportunities in Europe, Canada and beyond | Will Hutton
Keir Starmer can help redefine global trade while strengthening new – and old – alliances. ‘Liberation Day” was, of course, a tragic idiocy based on a bewildering inversion of reality. The rest of ...The Guardian - 1d -
British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs
Jaguar Land Rover, which is one of Britain's biggest carmakers, described the U.S. as "an important market" for the firm's luxury brands.CNBC - 1d -
As a young man, I fell in love with the US. The country’s soul is still there, despite Trump’s best efforts to destroy it | John Harris
For many of us, the United States means music, progress, hope. Whatever their president does, plenty of Americans continue to believe in those too. It seems as inevitable as the economic chaos let ...The Guardian - 22h -
Yemen's Houthis say US strikes kill 6 as Trump's bombing video suggests higher overall death toll
Suspected U.S. airstrikes over the weekend targeting Yemen’s Houthi rebels killed at least six peopleABC News - 10h -
Trump tariffs risk large euro-area ‘demand shock’, Greece’s central bank governor warns
Yannis Stournaras says looming trade war will drag on growth and inflationFinancial Times - 7h -
Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.CNBC - 4h -
Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.CNBC - 34m -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 2d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 2d -
Republican Plan to Kill California’s E.V. Policies Hits Senate Snag
The Trump administration asked Republicans in Congress to stop California’s ban on new gas-powered cars. The Senate parliamentarian said it wasn’t allowed.The New York Times - 2d -
Jaguar Land Rover to enact shipment pause to US in April as it develops post-tariff plans
The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25% tax on vehicle imports imposed by the Trump AdministrationABC News - 1d -
Judge Calls Mistaken Deportation of Maryland Man a ‘Grievous Error’
Judge Paula Xinis, who has ordered that the Trump administration return the man, Kilmar Armando Abrego Garcia, by Monday, also rejected a request to pause that order.The New York Times - 20h -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 21h -
Civil rights-era government agency to be purged
A memo reviewed by CBS News said Trump appointees are considering closing the Community Relations Service, which was created as part of the Civil Rights Act of 1964.CBS News - 8h -
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.The New York Times - 8h -
‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.The New York Times - 2h -
Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'
Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.CNBC - 1h