Latest in Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
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Thune backs Trump tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP leader warns against undoing tariffs Senate Majority Leader John Thune ...The Hill - 3d -
America’s Brexit? Trump’s historic gamble on tariffs has been decades in the making
Trump’s economic assault on the world stunned economists and sent stock markets into a spiral. Who will pay the price?. Donald Trump’s vast overhaul of US trade policy this week has called time ...The Guardian - 9h -
Trump escalates global trade war with sweeping tariff blitz
Stock futures tumble as US reveals plans to impose 10% universal levies and higher ‘reciprocal’ dutiesFinancial Times - 2d -
These bizarre locations have been hit by Trump's tariffs — including an uninhabited island
U.S. President Donald Trump's aggressive and far-reaching "reciprocal tariffs" were signed into effect on Wednesday, hitting over 180 countries.CNBC - 2d -
Divided EU scrambles for a response to Trump’s tariffs
Also in this newsletter: Solving the Hungarian problemFinancial Times - 1d -
China military drills targeting Taiwan put region’s security at risk, says US
Beijing continues drills in Taiwan strait, practising hitting key ports and energy infrastructure. The US has accused China of putting the region’s security at risk after it launched a second day ...The Guardian - 3d -
Trump's massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.NBC News - 2d -
Democrats vow to fight Trump tariffs 'tooth and nail' and slam 'chaotic trade war'
"Trump's done a lot of bad things. This is way up there," Chuck Schumer said of the administration's tariff policy.ABC News - 2d -
Europe has 'strong plan' to hit back against U.S. tariffs, E.U. chief warns
Trump to sign new executive orders this afternoonNBC News - 4d -
US car dealers fret as Trump’s tariffs set to take effect
Threat of levies has led to robust sales but analysts expect business to plummet as they begin to hitFinancial Times - 3d -
Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 1d -
Tariffs hit Wall Street — hard
Plus, market volatility snags a debt refinancing by Vista Equity Partners and start-up Plaid suffers a big valuation dropFinancial Times - 1d -
Most in survey of Europeans support retaliatory tariffs against US
Most Western Europeans are supportive of the continent’s intent to fire back when President Trump moves forward with tariffs set to take effect Wednesday, according to a survey released on ...The Hill - 3d -
How Trump’s tariffs will hit the UK economy
Exporters from cars to whisky hit, while economists warn of growth impactFinancial Times - 1d -
Global shares slide as Trump tariffs loom
The US president suggests the new import taxes he is set to announce this week will hit all countries.BBC News - 5d -
Aston Martin to raise more than £125mn amid US tariff threat
Luxury-car maker could face £30mn hit to gross profit due to Donald Trump’s looming 25% levyFinancial Times - 5d -
UK pushes back on Trump’s claim Britain is ‘happy’ with 10% tariff
Country seeks improved trade deal with US after rate applied to British importsFinancial Times - 21h -
See all the Trump tariffs by country
A table showing all the new US tariffs announced by President Trump on WednesdayBBC News - 1d -
Revealed: Norfolk Island and uninhabited Australian territories hit with Trump’s tariffs based on mislabelled shipments
Exclusive : Aquarium systems, Timberland boots and recycling plant parts were mislabelled as coming from remote Norfolk Island or Heard and McDonald islands. Tariffs send US markets tumbling to ...The Guardian - 1d -
Trump's new tariffs will hit lower-income households the hardest
The ripple effects of President Donald Trump’s new wave of sweeping tariffs announced this week will be felt the most by lower-income Americans, who are heavily reliant on products from countries ...NBC News - 1d -
Brazil in ‘privileged’ position to withstand trade war, says finance minister
Fernando Haddad maintains commodity exporter’s links to China, US and EU will shield it from protectionismFinancial Times - 6d -
Punitive or a gift? How five big economies see new plan
BBC reporters look at how the latest US import taxes are seen in the EU, China, India, the UK and South Africa.BBC News - 2d -
Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs spark market meltdown
President Trump's recent tariff announcement sent U.S. markets into a nosedive, triggering losses in net worth for Elon Musk, Jeff Bezos and Mark Zuckerberg.CNBC - 2h -
U.S. Farmers Brace for Losses in New Trade War With China
China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.The New York Times - 17h -
Jim Cramer's top 10 things to watch in the stock market Thursday
Stock markets across the world are tumbling today after President Donald Trump's reciprocal tariffs were announced last night.CNBC - 2d -
Here are the stocks rising and falling the most after Trump's tariffs
Markets tumbled Thursday following President Trump’s announcement of a general 10-percent tariff on imports to the U.S. along with additional targeted tariffs on dozens of U.S. trading partners. ...The Hill - 1d -
Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago
Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022.CNBC - 2d -
Cryptocurrencies rise Friday, bucking broader market meltdown
Bitcoin rose on Friday as gold fell and stocks continued to crater following their worst day since 2020.CNBC - 19h -
Tariff Chaos Is Causing Companies—and Consumers—to Hit the Bottle
Wine shipments from Europe are stuck, and consumers are stocking up.Inc. - 3d -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 1d -
TikTok deal scuttled because of Trump's tariffs on China
President Donald Trump on Friday said he would extend by 75 days the deadline for TikTok's owner to find a non-Chinese buyer, averting what could have been another disruption of the app. The ...NBC News - 21h -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 3d -
What are tariffs and why is Trump using them?
Tariffs are a key part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 3d -
UK expects to be hit by Trump tariffs, No 10 says
Downing Street does not rule out retaliating if new tariffs are imposed on Wednesday.BBC News - 4d -
Republicans weigh using the power of Congress to rein in Trump on tariffs
The fallout from President Donald Trump's aggressive tariffs has spurred Congress into action, with a growing number of Republicans joining Democrats to express interest in using their power to ...NBC News - 1d -
Senate Democrat: Tariffs 'will come back to haunt Donald Trump'
Sen. Richard Blumenthal (D-Conn.) weighed in the latest tariff announcement from President Trump, telling reporters that the new taxes will "come back to haunt" Trump and cause prices to increase. ...The Hill - 2d -
Trump tariffs see stocks dive and investors scramble to bonds, gold and yen
Nasdaq futures tumbled 3.3% and in after-hours trade as $760bn was wiped from the market value of ‘Magnificent Seven’ technology leaders. Stocks dived and investors scrambled to the safety of ...The Guardian - 2d -
EU has a ‘strong plan’ to retaliate on Trump tariffs, says von der Leyen
Head of European Commission says bloc would prefer to negotiate but all countermeasures are on the table. Trump’s ‘liberation day’ tariffs: what to expect and will the UK be spared? The ...The Guardian - 4d -
Europe braces for flood of Chinese goods after US tariffs
EU officials ready emergency measures to prevent onslaught of discounted products in ‘economic nightmare’Financial Times - 1d -
The world’s tiniest nations targeted in Trump’s trade war
The ‘mountain kingdom’ of Lesotho joins Pacific island Nauru on list of countries hit with punishing US tariffsFinancial Times - 2d