Latest in Trump says he considering cutting back on Canada tariffs as stock markets bounce
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Stocks take another tumble after Trump's weekend comments on inflation
The stock market nosedived after the opening bell on Monday amid President Trump's remarks over the weekend that inflation could continue to rise. CBS News chief White House correspondent Nancy ...CBS News - 2d -
Israel says it will cut off electricity to Gaza Strip
Israel said Sunday that it would be cutting off its electricity supply to Gaza. Israeli Energy Minister Eli Cohen said he signed an order that would shut off electricity to Gaza “immediately.” ...The Hill - 3d -
Hedge funds slash bets as Trump’s trade war causes ‘a lot of pain’
Managers’ favourite stocks tumble as market volatility surgesFinancial Times - 8h -
Markets plummet after Trump doesn't rule out recession
Markets plummeted Monday as investors expressed fear of an economic slowdown. In an interview that aired Sunday, President Trump was asked point blank if he's expecting a recession this year, and ...CBS News - 1d -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 2d -
Trump Doubles Tariffs on Canada’s Steel and Aluminum
Small manufacturers in the U.S. will likely be hurt by resulting cost increases. The president is unmoved.Inc. - 1d -
Trump says he sent a letter to Iran's supreme leader over country's advancing nuclear program
U.S. President Donald Trump says he sent a letter to Iran’s Ayatollah Ali Khamenei, something not immediately confirmed by the supreme leaderABC News - 5d -
Rubio Says a Cease-Fire in Ukraine Could Happen in ‘Days’ if Russia Agrees
Secretary of State Marco Rubio said top diplomats from the Group of 7 allies meeting in Canada should focus on ending the war. And he shrugged off President Trump’s threats to annex Canada.The New York Times - 5h -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 9h -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - 7h -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 19h -
FirstFT: ‘it feels nasty’ — US stock markets suffer heavy falls
Also in today’s newsletter, US-backed miner seeks to develop Ukraine lithium site and OpenAI forges near-$12bn contract with CoreWeaveFinancial Times - 1d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 1d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 1h -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 1d -
How Trump's threats have revived Canada's Liberal Party
Justin Trudeau's party was headed for near-certain defeat - until the US president said he wanted to make Canada the 51st state.BBC News - 3d -
Watch live: White House holds briefing as fears over economy, trade war mount
White House press secretary Karoline Leavitt will hold a press briefing Tuesday afternoon as President Trump's tariffs and dips in the stock market have raised concerns over the economy. Trump on ...The Hill - 1d -
Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 23h -
How One Oyster Business is Navigating Trump’s Tariff Limbo
The on and off 25 percent tariffs on imports from Canada are giving some businesses headaches.Inc. - 2d -
Mark Carney, Canada's next prime minister, pledges to take on Trump
Canada's next prime minister, former central banker Mark Carney, is pledging to take on President Trump as the president imposes tariffs and threatens to turn the country into the 51st state. CBS ...CBS News - 2d -
Fox host asks Trump whether he is 'comfortable' that 'Ukraine may not survive'
Fox News host Maria Bartiromo pressed President Trump on whether he is “comfortable” with the idea that Ukraine “may not survive” the war with Russia. Trump sat down for an interview with Bartiromo ...The Hill - 2d -
White House says Canada would 'benefit greatly' from becoming 51st state
White House press secretary Karoline Leavitt told reporters that Canada would "benefit greatly" from becoming the 51st state as tensions continue over tariffs.NBC News - 1d -
‘Economic self-harm’: Australia says it won’t impose reciprocal tariffs on U.S.
Australia said it will not impose reciprocal tariffs on the U.S. after President Trump ruled out exemptions or exceptions for all countries on steel and aluminum tariffs, saying it would only ...NBC News - 13h -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 23h -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 2d -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - 22h -
Trump says he's going to buy a Tesla as more Americans say they won't
After one of the worst single day sell-offs in Tesla’s history, President Donald Trump is throwing his support behind his advisor, billionaire Elon Musk, vowing to buy one of his carsABC News - 1d -
China can live with Trump’s tariffs – his bullish foreign policy will help Beijing in the long term | Steve Tsang
By turning his back on US allies and global institutions, Trump will help Xi Jinping advance his plan for a China-centric world. Is Donald Trump China’s worst nightmare or a dream come true? He is ...The Guardian - 12h -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 4d -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 16h -
The Stock Market Is Waking Up to Its Overconfidence in AI and Trump
The Nasdaq just suffered its worst day since 2022.Inc. - 1d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 2d -
Senate Democrat: 'Trump really only cares about Tesla's stock'
Sen. Chris Coons (D-Del.) slammed President Trump’s show of support for Elon Musk’s Tesla on Tuesday, arguing the president only cares about boosting the stock price of his close ally’s company. ...The Hill - 6h -
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its ...The Hill - 4h -
Trump continues tariff tumult amid economic uncertainty
President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...NBC News - 5d -
Reporter's Notebook: "Animal spirits" and the stock market
When the market crashed earlier this week, a White House adviser said, "We're seeing a strong divergence between animal spirits of the stock market and what we're actually seeing unfold from ...CBS News - 21h -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 1d -
Trump considers four bids to buy TikTok as deadline for deal looms
President Donald Trump is considering four bids to purchase the social media app TikTok. NBC News’ Steve Romo reports on who the potential buyers could be ahead of the pause on TikTok set to expire.NBC News - 1d -
Trump vowed to make the economy better on Day 1. Now he says US is in 'transition.'
After vowing to immediately make America more affordable if elected, Trump now says the nation faces a "period of transition."ABC News - 8h -
A known Tesla bull calls for Elon Musk to ‘step up.’ Will he listen?
Just days after saying Tesla Inc.’s recent stock selloff was overdone, Wedbush analyst Dan Ives, a well-known tech analyst and Tesla bull, is taking a different approach: He’s speaking to the manager.MarketWatch - 1d