Latest in Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
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Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".BBC News - 23h -
Worst week for US stocks since Covid crash as China hits back on tariffs
The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.BBC News - 1h -
Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against ChinaFinancial Times - 1d -
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 - 6h -
FTSE suffers biggest daily drop since early in the pandemic as Wall Street slides again – business live
Global trade war escalates as Beijing hits back against Donald Trump with new tariffs on US goods. China retaliates to Trump’s ‘bullying practice’ with 34% tariffs on US imports IMF warns of ...The Guardian - 6h -
Markets tumble as China announces 34% retaliatory tariffs on US imports
Trump says Beijing ‘panicked’ and vows not to back downFinancial Times - 6h -
Stocks shudder again as China strikes back against Trump tariffs
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.CBS News - 11h -
Trump tariffs spur Wall Street's worst day since 2020
The stock market cratered Thursday as fears of global economic slowdown driven by President Trump's new tariffs spurred Wall Street's worst day of losses since the outbreak of the COVID-19 ...The Hill - 1d -
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.The New York Times - 2h -
Air freight costs surge as Trump tariffs trigger rush to fly in goods
Price of sending products to the US from China has climbed 37% since start of MarchFinancial Times - 20h -
S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.The New York Times - 1d -
Hedge funds hit with steepest margin calls since 2020 Covid crisis
Banks ask clients to stump up additional money as global market sell-off knocks value of holdingsFinancial Times - 5h -
Meloni under pressure to back EU ‘bazooka’ against Trump tariffs
Italy will effectively have casting vote on whether to support use of anti-coercion instrument to hit US services exportsFinancial Times - 6h -
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 - 13h -
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 -
Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.CNBC - 1d -
Trump's tariffs spur stock meltdown
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Wall Street suffers worst day of losses since 2020 The stock market cratered ...The Hill - 1d -
Europe hopes for Trump tariffs deal but prepares for the worst
The EU's message is that it is ready to negotiate with the US but at the same time poised to hit back too.BBC News - 1d -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 3h -
Trump tariffs live: US markets see worst day in five years as president claims ‘stock is going to boom’ – as it happened
This live blog is now closed. For more coverage on Trump’s tariffs, click here:. US stock markets have worst day since Covid over Trump tariffs Global markets in turmoil amid Trump tariffs ...The Guardian - 22h -
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 - 11h -
US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs
All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bn. US stock markets tumbled on Thursday as investors parsed the sweeping change in ...The Guardian - 1d -
Emerging markets fund posts worst session since March 2020 due to tariff fears
The iShares MSCI Emerging Markets ETF (EEM) headed for its worst session since 2020 on Friday amid rising fears from Trump's tariffs.CNBC - 3h -
Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.The New York Times - 1d -
Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years
Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.CNBC - 3h -
Apple leads a drop in tech stocks after Trump tariff announcement
Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs.CNBC - 2d -
Stock market rout deepens as Dow plunges more than 2,200 points
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.CBS News - 1h -
China and US are at each other's throats - and neither is backing down
China's new 34% tax on US imports shows it is ready to tussle with Trump.BBC News - 8h -
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 - 12h -
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 -
China urges U.S. to 'immediately' cancel reciprocal tariffs, vows countermeasures
U.S. President Donald Trump announced a baseline tariff of 10% on most imported goods from global trading partners.CNBC - 1d -
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 - 8h -
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 -
To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.The New York Times - 2d -
FirstFT: US stocks post worst quarter since 2022 amid tariff fears
Also in today’s newsletter, how a $1.4tn Trump trade war could unfold, and DeepMind slows down research releasesFinancial Times - 3d -
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 - 10h -
Macron suggests pause on US investment as EU leaders condemn Trump tariffs
Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations. European leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating ...The Guardian - 1d -
Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending
Fintech and credit card stocks were hit particularly hard in the market rout that followed President Donald Trump's tariff announcement.CNBC - 1d -
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 -
The US is turning its back on global trade. Ireland and the EU can’t afford to make the same mistake | Simon Coveney
The island of Ireland faces a complex challenge with Trump’s tariffs. But giving up on transatlantic relations is not the answer. Ireland believes in open, free trade and has build a strong, ...The Guardian - 18h