Latest in Trump's law firm memo and wildfires burn in the Carolinas: Morning Rundown
Sort by
220 items
-
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.The New York Times - 5h -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 7h -
Trump’s tariff blitz sparks turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 7h -
Bondi says Trump will 'probably' leave after second term
The administration's FEMA funding freeze violated a court order, a judge ruled.ABC News - 3h -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 2h -
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 - 33m -
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 - 1h -
Defense stocks plummet as Trump’s tariffs send shockwaves through global markets
European defense giants fell sharply on Monday, extending recent losses as investors grapple with a broad and severe stock market downturn.CNBC - 40m -
Global stocks tumble as Donald Trump offers no respite from tariffs
Asian and European indices and US futures fall after worst week for Wall Street equities since pandemicFinancial Times - 35m -
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 - 30m -
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 - 12h -
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 -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 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 - 20h -
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 - 15h -
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 - 5h -
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 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 - 1h -
Everything Is Going According to Plan
Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?The New York Times - 2h -
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 - 2h -
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 - 43m -
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 - 31m -
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 -
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 -
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 - 9h -
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 - 3h -
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 -
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 - 20h