Latest in Trump says China 'panicked' with tariff response
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Trump says China 'panicked' with tariff response
President Trump on Friday chastised China after Beijing responded to major U.S. tariffs with equal duties of its own on U.S. goods. "China played it wrong, they panicked - the one thing they cannot ...The Hill - 17h -
Markets tumble as China announces 34% retaliatory tariffs on US imports
Trump says Beijing ‘panicked’ and vows not to back downFinancial Times - 13h -
Republicans aren't panicking about Trump or Elon Musk after Tuesday’s elections
Republicans say they’re not panicking as they gear up for major races this year and a fierce battle for control of Congress next year, despite getting shellacked in the Wisconsin Supreme Court race ...NBC News - 2d -
How Countries Reacted to Trump’s Tariffs
China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.The New York Times - 1d -
Starmer to hold talks with other global leaders to discuss response to Trump tariffs, says No 10 – UK politics live
UK prime minister to speak to international leaders this weekend to ‘maintain stability and strengthen our partnerships abroad’. Trump claims Starmer ‘very happy’ about tariffs . Downing Street ...The Guardian - 16h -
China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.CNBC - 1d -
Trump believes the reaction to his tariffs is 'going very well'
President Trump was asked about the market's response after his tariff announcement, saying he believed it was "going well" and that the country is "going to boom."NBC News - 1d -
Trump’s U.S.A.I.D. Cuts Hobble Earthquake Response in Myanmar
While China, Russia and other nations have rushed emergency response teams to the devastated country, the U.S., once a leader in foreign aid, has been slow to act.The New York Times - 5d -
Toy prices could jump 50% following Trump's tariffs on China, Vietnam
Toy prices could spike exponentially after President Donald Trump levied massive tariffs against China and Vietnam.CNBC - 18h -
South Africa minister says US trade deal ‘nullified’ by Trump tariffs
Parks Tau backs pivot to China in face of high levies from Donald Trump administrationFinancial Times - 15h -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 11h -
Trump sued over China tariffs
President Trump was sued Thursday over the 20 percent tariffs he imposed on Chinese goods in the weeks leading up to Wednesday’s broader announcement. It marks the first known legal challenge ...The Hill - 1d -
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all U.S. imports on Friday, escalating trade tensions between the world’s two biggest economies.NBC News - 21h -
Asian countries riven by war and disaster face some of steepest Trump tariffs
Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is China. Business live – latest updates Analysis: Trump’s ‘idiotic’ and flawed tariff calculations stun ...The Guardian - 1d -
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 - 4d -
Iran has rejected direct negotiations with the US in response to Trump's letter
Iran’s president says Tehran had rejected direct negotiations with the United States in response to a letter from President Donald Trump over its rapidly advancing nuclear programABC News - 5d -
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. - 13h -
Senators Denounce Trump Administration’s Response to Myanmar Quake
Democratic senators said in a letter that the administration was failing its first test of humanitarian aid as China and Russia send teams to help.The New York Times - 2d -
Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China
A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump administration over its tariffs.The New York Times - 1d -
Markets crater in response to President Trump’s tariffs
It was the worst day for the stock market since 2020 as investors absorbed the potential impact of an escalating trade war. NBC News’ Christine Romans reports on how the Trump administration is ...NBC News - 1d -
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 - 5d -
Trump Unveils a 10 Percent Blanket Tariff and a 34 Percent Reciprocal Tariff for China
The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.Inc. - 2d -
Are Trump's Asia tariffs a 'full-frontal assault' on China?
There were five Asian nations in the 10 countries and territories hit with the highest tariffs.BBC News - 1d -
What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.The New York Times - 19h -
Here's what economists are saying about Trump's tariffs
Economists say that President Trump's wide-ranging new tariffs raise the risk of a recession or stagflation.CBS News - 14h -
China imposing 34 percent tariffs on all US goods
China, in the wake of President Trump's latest tariffs on foreign trading partners, announced Friday it will hit the U.S. with a 34 percent reciprocal tax on imports starting next week. “The US ...The Hill - 18h -
China threatens retaliation after Trump hits it with highest U.S. tariff on any country
China said Thursday it would take all “necessary measures” to protect its legitimate interests after it was hit particularly hard by President Donald Trump’s sweeping tariffs on U.S. trading ...NBC News - 1d -
Starmer vows ‘cool-headed’ response to Trump tariffs
UK prime minister tells MPs a trade war is ‘in nobody’s interests’Financial Times - 2d -
Divided EU scrambles for a response to Trump’s tariffs
Also in this newsletter: Solving the Hungarian problemFinancial Times - 1d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 22h -
China fires back at Trump's tariffs with 34% levy on all U.S. imports
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.CBS News - 17h -
China hits back hard at ‘bullying’ Trump tariffs as global recession fears grow
Beijing imposes punitive 34% extra tariffs on all goods imported from US, exacerbating stock market sell-off. US politics live – latest updates China has hit back hard against Donald Trump’s ...The Guardian - 14h -
Bogg Bag Is Expanding Production Out of China, Offering a Playbook for Uncertain Times
Founder and CEO Kim Vaccarella explains how she’s adapting her supply chain in response to tariffs.Inc. - 6d -
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 - 17h -
Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India
Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132. China and India could be affected if Donald Trump introduces tariffs of ...The Guardian - 5d -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 3d -
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.The New York Times - 2d -
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.CBS News - 12h