Latest in Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss
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Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss
Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long. European markets slump Business live – latest updates The JP Morgan chief executive, Jamie Dimon, ...The Guardian - 2d -
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 - 2d -
Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald Trump’s tariffs roil financial markets.NBC News - 10h -
'This is the Trump recession,' CEOs say, with tariff price increases, job losses coming: CNBC survey
CEOs expect a recession, price hikes and job losses as a result of President Trump's tariffs, according to a flash survey of CNBC CEO Council members.CNBC - 1d -
Dimon: Recession ‘likely outcome’ after Trump tariffs
JPMorgan Chase CEO Jamie Dimon said he thinks a recession is the “likely outcome” of President Trump’s tariffs. “Do you personally expect a recession,” Fox Business Network host Maria Bartiromo ...The Hill - 8h -
Why Switch 2 Is More Expensive, According To Nintendo
The Switch 2 's price was recently announced, and the $450 price tag was higher than some anticipated. It could grow higher still due to US President Donald Trump's controversial tariffs. Now, ...GameSpot - 2d -
How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue | Nils Pratley
While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guesswork. Volatility grips global stock markets as Trump insists on tariff ...The Guardian - 2d -
Congress has power over tariffs, but stopping Trump isn't likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.CNBC - 5d -
How much could Trump's tariffs hike the price of your wine and whisky?
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.CBS News - 11h -
Almost 3 in 4 expect higher prices after Trump tariffs take effect: Survey
A majority of Americans said in a new survey they expect higher prices because of the sweeping global tariffs President Trump that fully took effect on Wednesday. In a three-day poll, conducted by ...The Hill - 7h -
Trump: Tariffs sparking investment in US
President Trump late Sunday defended his tariff plan amid recession fears, saying they are sparking investment in the United States. Trump spoke aboard Air Force One, where he said he was elected ...The Hill - 2d -
U.S. crude oil losses deepen as Trump tariffs fuel recession fears
U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 2d -
Trump’s tariffs are ‘teeing up a nationwide recession’, says Chuck Schumer – US politics live
House democratic leaders also condemn tariffs as group backed by Trump allies mount legal challenge to stop tariffs. EU ministers are in Luxembourg to consider the European Union ’s response to ...The Guardian - 2d -
Tariffs Will Make Electronics More Expensive. If You Need a New Gadget, ‘Buy It Now’
A 125 percent tariff on imports from China will likely see rising prices on smartphones and laptops in the coming months.Wired - 1d -
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.The New York Times - 4d -
Warren: Companies will use tariffs as excuse for 'price gouging'
Senator Elizabeth Warren is concerned that President Trump's tariffs on imports from world trade partners could lead to price gouging as businesses react to the opportunity to increase their prices ...The Hill - 9h -
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. - 5d -
Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England
Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns. China announces 84% tariffs on all US goods Dramatic sell-off of US ...The Guardian - 13h -
Caribbean is friend of US, not an enemy, regional leaders say over Trump’s tariffs
Barbados PM and Caricom chair calls on Washington to engage in talks to ‘keep prices down for all of our people’. The Caribbean is a friend, not an enemy, leaders in the region have told Donald ...The Guardian - 2d -
Higher US tariffs on hold but China trade war grows
Trump has said he is authorising a universal "lowered reciprocal tariff of 10%" for most countries, except China, while tariff negotiations continue.BBC News - 31m -
Starmer vows not to raise taxes despite Trump’s tariffs
Prime minister says he will ‘seize the opportunity’ to make the economy more secureFinancial Times - 2d -
Jim Cramer says a recession is likely but investors shouldn't panic sell
CNBC's Jim Cramer said on Monday that although he believes an economic recession is likely, investors should stay the course rather than panic and sell.CNBC - 2d -
Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.BBC News - 2d -
Oil drops further as fears of global recession rise
Trump welcomes fall in oil price as he signals he is pushing ahead with sweeping tariffsFinancial Times - 2d -
Is the US heading for a recession? Three warning signs to watch
Michelle Fleury explains the factors to watch in the economy after President Trump’s tariff announcements.BBC News - 1d -
Trump insists ‘China wants to make a deal’ as 90-day tariff pause for most countries sparks market surge – business live
US president says people were getting ‘a little bit afraid’ about tariffs policy while suggesting he could exempt hard-hit companies on instinct. Trump pauses plans to hike US tariffs on most ...The Guardian - 3h -
Trump’s Tariffs: US vs China
President Trump ramps up the threat of a trade war with possible more tariffs on China.BBC News - 2d -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 5d -
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Oil prices and treasury yields plummeted recently as tariffs roiled markets.ABC News - 1d -
US consumers face sharp price increases from Trump’s tariffs, say analysts
High levies will apply to Asian nations that Americans rely on for household goodsFinancial Times - 19h -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 5d -
Is the US making $2bn a day from tariffs? Trump claims fact-checked
President Trump has made a series of claims about how the US faces "unfair trade" as he justifies his sweeping tariffs on imports from other countries.BBC News - 5h -
What Is Trump’s Tariff Endgame? Recession Fears Grow.
Another sharp sell-off in stocks and bonds greeted President Trump’s latest round of protectionist measures as fears of a U.S. recession grow.The New York Times - 11h -
Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live
US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’. Trump threatens additional 50% tariffs on China over retaliatory levies Volatility grips ...The Guardian - 2d -
US stocks make historic gains after Trump pauses some tariffs
But Trump also raises tariffs on goods from China to at least 125% "effective immediately".BBC News - 1h -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 1d -
Canadian couple likely the only business owners on Australia's Norfolk Island to face US tariffs
Jesse Schiller and Rachel Evans are likely the only business owners on Australia's Norfolk Island to be affected by the Trump administration's tariffs, as the island exports nothing to the United ...ABC News - 1d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial Times - 3d -
I'll only sign US tariffs deal if it suits UK, says prime minister
The UK hopes to limit the impact of President Trump's tariffs in an economic agreement with the US.BBC News - 2d