Latest in Trump tariffs day 8 as it happened: China increases retaliatory tariffs on US imports to 125%; US stocks close higher after late rally
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Apr 9: CBS News 24/7, 1pm ET
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.CBS News - 2d -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 3d -
White House unveils new exemptions on some Trump tariffs
The White House has revealed new exemptions for some of President Trump's tariffs, specifically for electronics like smartphones and computers assembled in China. NBC News' Maggie Vespa has more.NBC News - 3d -
Trump defends tariff exemptions for electronics: Nobody getting 'off the hook'
President Trump defended his move on Friday to exempt some electronics from the escalating tariff war with China. He denied the announcement amounted to an "exception," arguing instead the products ...The Hill - 2d -
Trump tariffs live updates: 'Good chance' of US-UK trade deal, Vance reportedly says
J.D. Vance reportedly said the U.S. and U.K. are currently "working very hard" on a trade deal and that there's a "good chance" the two sides will come to an agreement.ABC News - 20h -
UK suspends import tariffs to ease strain for British businesses
Levies cut on 89 products to support domestic companies against Trump’s trade warFinancial Times - 3d -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 4d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 3d -
Gold enjoys best week in five years as investors rush to safety
Even US Treasuries take a hit as Donald Trump’s tariff blitz shakes confidence in American assetsFinancial Times - 4d -
4/9: America Decides
Trump announced 90-day pause on new tariffs except China; Former Ohio Gov. Kasich on Trump and state of Republican partyCBS News - 20h -
Trump plans to stockpile deep-sea critical metals to counter China
US drafting order to collect ‘nodules’ from Pacific seabed for minerals used in battery supply chainsFinancial Times - 4d -
UK retail bosses raise fears of Chinese product ‘dumping’ due to Donald Trump’s tariffs
Companies flag signs of goods being diverted from US to Europe via platforms such as Temu, Shein and AmazonFinancial Times - 2d -
There’s ‘enough smoke’ for Congress to investigate possible insider trading on tariffs, Booker says
Sen. Cory Booker (D-N.J.) tells Meet the Press that Congress should look into whether insider trading took place after President Trump told supporters to buy stock before announcing a change of ...NBC News - 3d -
Apr 4: CBS News 24/7, 1pm ET
Dow drops more than 1,000 points after China retaliates with tariffs on U.S. goods; Consumer impacts of Trump's sweeping tariffs explained.CBS News - 3d -
Spurs rally from a 22-point deficit to beat the Raptors 125-118
Keldon Johnson had 23 points, Stephon Castle added 20, and the San Antonio Spurs rallied from a 22-point deficit to beat the Toronto Raptors 125-118 on Sunday. Scottie Barnes had 35 points for ...Yahoo Sports - 2d -
Trump’s Dilemma: A Trade War That Threatens Every Other Negotiation With China
President Trump is staking everything on winning by imposing tariffs on China. But the fight threatens to choke off negotiations about other issues like Taiwan, fentanyl, TikTok and more.The New York Times - 1d -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 5d -
Measles exploded in Texas after stagnant vaccine funding. New cuts threaten the same across the US
The measles outbreak in West Texas didn’t happen just by chanceABC News - 3d -
In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 3d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 3d -
U.S. announces probe into chip, electronics imports, paving the way for new tariffs
The U.S. Commerce Department is conducting an investigation into imports of various semiconductor technologies and electronics, a federal notice shows.CNBC - 1d -
The Guardian view on Donald Trump’s industrial policy: inward turn by ultimatum | Editorial
The US is retreating behind chokepoints and tariffs. It remains determined to invent the future but is struggling to ensure its control . Globalisation is out; reshoring is the new realism. ...The Guardian - 21h -
EU Countries Go on Tariff Defense
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.The New York Times - 4d -
Democrats Widely Blast Trump’s Tariffs, but Not Tariffs Overall
While Democrats have widely criticized President Trump’s whipsawing trade strategy as chaotic, they’ve displayed little consensus on where the party stands on tariffs overall.The New York Times - 2d -
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’. Sony has increased the price of its PlayStation 5 by 25% as the ...The Guardian - 2d -
Even Cathie Wood thinks the US is entering a recession
Whatever happened to that 7% growth rate?Financial Times - 2d -
In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump’s Tariffs
The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.The New York Times - 3d -
‘Invasion’ barges, subsea cable cutters and surprise naval drills: how China is testing Donald Trump
China has been flexing its maritime muscle in the Indo-Pacific – moves that pose a challenge for the US president. In the space of just five weeks, China held live-fire drills on the doorsteps of ...The Guardian - 2d -
Growth in oil demand expected to slow sharply as a result of US tariffs
International Energy Agency says situation is ‘fluid and substantial risks remain’Financial Times - 1d -
Trump Signals New Tariffs on Chips, Calling Exclusions Temporary
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.The New York Times - 2d -
Trump Moves to Put New Tariffs on Computer Chips and Drugs
Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.The New York Times - 1d -
Why It’s Impossible for Most Small Businesses to Manufacture in the US
American companies that make everything from keychains to mattresses say Chinese manufacturing is superior, and tariffs won’t be enough to shift production to the United States.Wired - 2d -
Trump now owns the creaky economy, lock, stock and imported barrel
Trump's handling of the economy has led to a decline in his approval rating, with most Americans disapproving of his policies, and Democrats need to capitalize on this to win back control of Congress.The Hill - 20h -
Why does Trump love those ‘beautiful’ tariffs? It didn’t start with China.
“Make America Great Again” longs for an America that can never be again.MarketWatch - 3d -
China says ‘sky won’t fall’ as exports surge ahead of Trump’s tariffs
Rush of shipments preceded escalation of trade war between world’s two biggest economiesFinancial Times - 2d -
Apr 4: CBS News 24/7, 4pm ET
Markets see red for a second day in a row after Trump's latest tariff announcement; Supreme Court will allow Trump administration to withhold education grants for nowCBS News - 3d -
Mortgage rates surge over 7% as tariffs hit bond market
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.CNBC - 4d -
U.S. exempts smartphones, computers from global Trump tariffs
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.CBS News - 3d -
South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom
The 33 billion won figure was about a quarter more than the 26 trillion committed last year.CNBC - 1d -
Trump’s tariffs are reckless – but they hold a key lesson for Democrats | David Sirota
There is a middle ground on tariffs. But Democrats’ free-trade advocacy allows Trump to play the populist. To tariff or not to tariff? Today’s tweet-length political discourse pretends this is a ...The Guardian - 1d