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FirstFT: Global market rout over Trump tariffs continues
Also in today’s newsletter, UK to water down private equity rules and Marine Le Pen denounces “witch-hunt”Financial Times - 5h -
The weekend Trump’s tariff threats became real for global investors
If global long-only funds start to rotate out of risk the market turmoil could get worseFinancial Times - 3h -
Global stocks tumble as Trump offers no respite from tariffs
Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemicFinancial Times - 56m -
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
A brutal day for markets around the world added to the pain of last week’s market turmoil, with more declines expected when trading starts in New York.The New York Times - 7m -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 2d -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 2d -
A dark hour for American science
Other countries have a chance to attract US talent driven out by Trump’s policiesFinancial Times - 23h -
US closes in on critical minerals deal with DR Congo
Trump’s Africa adviser agrees ‘path forward’ to drive American mining investment as Tshisekedi government seeks to shore up supportFinancial Times - 19h -
Why the US mortgage market is addicted to big government
Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concernsFinancial Times - 5h -
Overseas stock markets plunge, U.S. futures tumble as tariff turmoil continues
Overseas financial markets plummeted Monday and U.S. stock futures fell again in reaction to the Trump administration's latest tariff salvos.CBS News - 15m -
Everything Is Going According to Plan
Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?The New York Times - 43m -
US stock futures slide amid historic rout in foreign markets
Key Asian stock markets tumbled upon opening on Monday as the world's reaction to President Donald Trump's tariffs campaign continued.ABC News - 10m -
The limits of the UK-US ‘special relationship’
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly EuropeanFinancial Times - 1h -
In South Africa, a needle exchange program for drug users feels the effects of Trump's aid cuts
A secluded corner near South Africa’s capital is home to dozens of people with drug addictionABC News - 3d -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 1d -
Britain needn’t be cowed by wrecking-ball Trump, it should seize opportunities in Europe, Canada and beyond | Will Hutton
Keir Starmer can help redefine global trade while strengthening new – and old – alliances. ‘Liberation Day” was, of course, a tragic idiocy based on a bewildering inversion of reality. The rest of ...The Guardian - 1d -
British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs
Jaguar Land Rover, which is one of Britain's biggest carmakers, described the U.S. as "an important market" for the firm's luxury brands.CNBC - 23h -
As a young man, I fell in love with the US. The country’s soul is still there, despite Trump’s best efforts to destroy it | John Harris
For many of us, the United States means music, progress, hope. Whatever their president does, plenty of Americans continue to believe in those too. It seems as inevitable as the economic chaos let ...The Guardian - 20h -
Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.CNBC - 2h -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 2d -
Republican Plan to Kill California’s E.V. Policies Hits Senate Snag
The Trump administration asked Republicans in Congress to stop California’s ban on new gas-powered cars. The Senate parliamentarian said it wasn’t allowed.The New York Times - 2d -
Jaguar Land Rover to enact shipment pause to US in April as it develops post-tariff plans
The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25% tax on vehicle imports imposed by the Trump AdministrationABC News - 1d -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 19h -
Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'
Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.CNBC - 10h -
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 8h -
Civil rights-era government agency to be purged
A memo reviewed by CBS News said Trump appointees are considering closing the Community Relations Service, which was created as part of the Civil Rights Act of 1964.CBS News - 6h -
National Security Agency chief dismissed, 'no real reason for why'
President Trump ousted the two top officials at the National Security Agency. NBC News Senior National Security Correspondent Courtney Kube reports on the ouster and the lack of clarity from the ...NBC News - 2d -
Gen. Timothy Haugh, head of NSA and Cyber Command, is fired
Gen. Timothy Haugh had just last week testified on Capitol Hill about the Signal leak in which a journalist had been added to a group chat with high-ranking members of the Trump administration.CBS News - 2d -
Communities across the country feel impacts of tariffs
Communities across the country are already feeling the impacts of President Trump's new tariffs. NBC News' local stations and affiliates talk to business owners nationwide about how they are feeling.NBC News - 2d -
Exclusive: how the Atlantic’s Jeffrey Goldberg got added to the White House Signal group chat
Internal investigation cleared the national security adviser Mike Waltz, but the mistake was months in the making. Donald Trump ’s national security adviser Mike Waltz included a journalist in ...The Guardian - 19h -
Apr 2: CBS News 24/7, 1pm ET
President Trump set to unveil expansive global tariffs from White House Rose Garden; Real ID deadline approaches as millions of Americans still lack key identification card.CBS News - 14h -
4/6: Face the Nation
This week on "Face the Nation with Margaret Brennan," Commerce Secretary Howard Lutnick and Sen. John Barrasso discusses the new tariffs announced by President Trump. Rep. Don Bacon and Sen. Maria ...CBS News - 12h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 11h -
Retaliation or restraint: how should Keir Starmer react to US tariffs?
Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwinds. Keir Starmer has said he wants to shelter Britain from the storm of Donald Trump’s ...The Guardian - 4h -
Lawyer says client was flown from U.S. to Salvadoran mega-prison based on tattoos
The U.S. sent 238 Venezuelan migrants to a Salvadoran mega-prison. The Trump administration says they’re all gang members, but 60 Minutes could find no criminal records for 75 percent of them.CBS News - 5h -
Stocks fall in Asia ahead of US openings
Stocks have fallen in Asia and Australia amid economic turmoil stemming from President Trump’s sweeping tariffs. At 9:26 p.m. Eastern time Sunday, Japan’s Nikkei 225 was down close to 1,990 points, ...The Hill - 7h -
Abigail Disney: ‘Every billionaire who can’t live on $999m is kind of a sociopath’
She is one of the heirs to the Walt Disney fortune – and has long argued for rich people like her to pay more tax. Now she is working out how best to meet the challenge of Trump, Musk and the ...The Guardian - 5h -
4/6: Sunday Morning
Hosted by Jane Pauley. In our cover story, Sen. Bernie Sanders talks with Robert Costa about the dangers he says President Trump and Elon Musk pose for America’s democracy. Also: Kelefa Sanneh ...CBS News - 2h -
Middle East crisis live: Israeli attack on tents housing journalists in Gaza kills at least two, say Palestinian medics
Airstrikes hit media tent outside Nasser hospital in Khan Younis, say medics, injuring nine others. Israeli prime minister Benjamin Netanyahu is due to visit US President Donald Trump at the ...The Guardian - 33m -
A Nicaraguan asylum seeker checked in with Ice every week. He was arrested anyway
Alberto Lovo Rojas fled violence in his home country. Now, he fears Trump-backed deportation. It finally happened while he was waiting to get his hair cut.. Alberto Lovo Rojas, an asylum seeker ...The Guardian - 19h