Latest in U.S. crude oil losses deepen as Trump tariffs fuel recession fears
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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 - 12h -
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 - 14h -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 18h -
'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 - 4h -
‘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 - 3d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 1d -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 3d -
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 - 1d -
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 - 19h -
CEOs Cry Foul Over Trump’s Tariffs: ‘This Is Not What We Voted For’
As markets whipsaw and recession fears grow, businesses small and large are on edge amid tariff-induced uncertainty.Inc. - 13h -
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 - 3d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 3d -
Bitcoin drops to $74,000 before rebounding as cryptocurrencies join global market rout
Bitcoin broke below $80,000 as rattled investors braced for further carnage after Trump's tariffs raised global recession fears.CNBC - 12h -
Restaurant stocks fall as investors fear recession, sales slowdown
Restaurant stocks, from McDonald's to Chipotle, fell as investors fear a recession is coming.CNBC - 13h -
CEOs think the U.S. is 'probably in a recession right now,' says BlackRock's Larry Fink
The asset management executive also said that the he thinks the tariffs of President Donald Trump could put upward pressure on inflation.CNBC - 12h -
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. - 3d -
4/7: CBS Evening News
Countries seek relief from Trump tariffs as recession fears grip market; These rural Texas high schools are teaming up to stay aliveCBS News - 4h -
Goldman Sachs hikes recession probability to 45 percent
Goldman Sachs analysts are again raising the odds of a recession as markets continue to reel in the wake of President Trump’s sweeping tariff actions. The bank warned in a new report on Sunday that ...The Hill - 16h -
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 - 3d -
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.CBS News - 12h -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 3d -
China Accuses U.S. of Blackmail After Trump Threatens More Tariffs
The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”The New York Times - 3h -
'Heartbroken' S.C. hopes loss fuels next title run
South Carolina players were emotional following Sunday's blowout loss but said that emotion will help spark another championship run in the future.ESPN - 1d -
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 - 9h -
Dow closes 349 points lower after roller coaster trading amid tariff fallout
President Donald Trump's tariffs stoked fears of a wider global trade war.ABC News - 9h -
Morning Report — Trump digs in on tariffs
In today’s issue: President Trump on Sunday redoubled his support for massive tariffs on most of the world amid heavy market fallout and criticism from some allies. Wall Street was rocked by ...The Hill - 20h -
Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.CNBC - 18h -
What Trump has said about tariffs as stock market reacts
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."CBS News - 8h -
Wall Street traders on Trump tariffs: ‘Without doubt, we’re hitting a recession’
Traders leaving the New York stock exchange were trying to make sense of another day of volatility – what comes next?. Traders leaving the New York stock exchange after the bell closed on Monday ...The Guardian - 1h -
Trump’s tariff blitz sparks turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 1d -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.CNBC - 17h -
Apple's highest-end iPhone could see $350 price hike in U.S. on Trump tariffs, analyst predicts
UBS sees iPhone prices going up, a concern that is shared by investors and customers due to President Trump's tariffs.CNBC - 10h -
Stocks plunge to start week as Trump digs in on tariffs
The stock market kicked off the week with more steep losses after President Trump spent the weekend defending his new tariffs amid growing blowback at home and abroad. The Dow Jones Industrial ...The Hill - 17h -
Small business owners react to Trump's sweeping tariffs
Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.ABC News - 3d -
Trump says tariffs will accelerate reshoring, but experts say it's not that easy
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.CNBC - 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 - 20h -
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 - 19h -
Trump says he is 'not looking' to pause tariffs before this week's rollout, despite market uncertainty
President Donald Trump said he is not looking to pause his tariffs before they go into effect Wednesday, despite turmoil in the stock market and global economic fears.NBC News - 10h -
Swiss Indignant to Make the Top 10 of Trump’s Tariffs List
Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff “incomprehensible.”The New York Times - 3d -
Asian markets rebound, US futures edge up amid Trump tariff turmoil
Asian markets opened up on Tuesday after posting significant losses on Monday driven by President Donald Trump's global tariffs campaign.ABC News - 20m