What will Trump do when his tariffs backfire

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 - 2d

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 - 1d

Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer'

Kimbal Musk, the brother of the world's wealthiest person, took to X on Monday to criticize President Donald Trump's tariffs.

CNBC - 1d

Vietnam has been a big beneficiary of global trade — Trump's new tariffs threaten to derail that

Trump's aggressive tariffs are threatening to derail Vietnam's ambitious growth target as diplomatic overtures to Washington are unlikely to shift policy.

CNBC - 1d

The world's two largest exporters are facing down Trump's tariffs very differently. Here's why.

President Trump has upended the global economy by slapping tariffs on two of the world's largest exporters — China and the EU.

NBC News - 1h

Pedri admits Barcelona star provides ‘a similar feeling to when Messi was in the squad’

Barcelona star Pedri has this week revealed precisely how teammate Lamine Yamal reminds him of club legend and eight-time Ballon d’Or winner Lionel Messi.Wide-man Lamine has for his part of course ...

Yahoo Sports - 1d

Parekh gets the call but when will he suit up for Flames?

The experience will be invaluable whether Calgary Flames prospect-turned-pro gets game action or not. With five games remaining on the regular-season schedule, Zayne Parekh got called up to his NHL ...

Yahoo Sports - 13h

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 - 4d

After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up

The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.

The New York Times - 3d

A charming Nintendo Switch 2 enters the Trump tariff crosshairs

The Nintendo Switch 2 delivers a bigger screen, more processing power and, as a test drive proves, signature Nintendo charms. But how will Trump tariffs affect one of 2025's biggest consumer ...

Los Angeles Times - 2d

EU 'ready to negotiate' on Trump tariffs, von der Leyen says

The European Union is “ready to negotiate” with the United States after President Trump issued sweeping tariffs last week, European Commission President Ursula von der Leyen said at a press ...

The Hill - 2d

2 Senate Republicans urge Trump to take EU tariff deal

A pair of Senate Republicans on Monday urged President Trump to accept the European Union’s offer of “zero-for-zero tariffs” on cars and industrial goods amid the administration's growing trade ...

The Hill - 2d

Volatility grips global stock markets as Trump insists on tariff ‘medicine’

Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second week. Trump threatens additional 50% tariffs on China over retaliatory levies Which ...

The Guardian - 1d

Trump threatens additional 50% tariffs on China over retaliatory levies

President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fall. US politics live – latest updates Donald Trump has threatened to impose an ...

The Guardian - 1d

Trump digs in on tariffs amid market volatility: From the Politics Desk

In today’s edition, we break down the latest fallout from Washington to Wall Street as President Donald Trump forges ahead with new tariffs that have led to global economic uncertainty.

NBC News - 1d

Business leaders speak out about President Trump’s tariffs

Billionaire Trump backer Bill Ackman is among the business leaders who have criticized the president’s trade war. NBC News’ Christine Romans reports Ackman called the tariffs a mistake and urged a ...

NBC News - 1d

China vows to ‘fight to the end’ if Trump raises tariffs to 104%

China said Tuesday it will “fight to the end” if President Donald Trump imposes an additional 50% tariff on Chinese goods as many countries rush to negotiate trade with the United States.

NBC News - 1d

China says it will 'fight to the end' after Trump threatens 50% additional tariffs

Trump said he would impose an additional 50% duty on U.S. imports from China on Wednesday, if Beijing does not withdraw the 34% tariff it imposed on U.S. products last week.

CNBC - 1d

Trump 'not looking' to pause tariffs despite global economic fears

With President Donald Trump’s next round of escalatory tariffs set to go into effect, he insists that despite rattled markets and recession fears, he’s not considering hitting the pause button. ...

NBC News - 1d

Inside the true financial impact of Trump's tariffs on everyday goods

Companies will now have to pay more to import cell phones, sneakers, home goods, toys and more in the wake of President Donald Trump’s tariffs — and the increased costs will be passed on to ...

NBC News - 1d

Pence group ramps up criticism of Trump tariffs with ad campaign

A conservative advocacy group founded by former Vice President Pence launched a six-figure ad campaign on Tuesday pushing back against the Trump administration’s sweeping tariffs that are set to ...

The Hill - 23h

Republicans question US trade representative on Trump tariff strategy

Senators on both sides of the aisle pressed U.S. Trade Representative Jamieson Greer on Tuesday in the wake of President Trump’s sweeping tariff actions. Democrats leaped at the opportunity to ...

The Hill - 20h

GOP mood grows darker on Trump tariffs as markets give up their gains

Glimmers of optimism surrounding President Trump’s tariffs quickly faded on Tuesday as the White House dug in on the threat of new levies, the markets erased their small morning gains and ...

The Hill - 19h

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 - 6h

Americans rush to stores to stock up as Trump's tariffs take effect

As fears grow over rising prices resulting from President Donald Trump’s sweeping new tariffs, a growing number of Americans are beginning to stockpile items before they become more expensive, with ...

NBC News - 5h

Trump's sweeping new tariffs in effect, including 104% on China

President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.

CBS News - 7h

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 - 5h

EU hits back at Trump, US with tariffs on US goods

Member states of the European Union (E.U.) have agreed to tariffs on a range of U.S. products in response to President Trump's sweeping new import taxes. EU states voted Wednesday to “introduce ...

The Hill - 3h

What is the Alien Enemies Act of 1798 and how is Trump using it?

President Trump's use of the Alien Enemies Act of 1798 to deport alleged Venezuelan gang members kicked off a legal battle.

CBS News - 17h

Trump’s stance on unions is what Roosevelt wanted all along

Trump’s executive order, even with its limitations, addresses a long-standing problem in federal governance.

The Hill - 3h

Gulf Coast Shrimpers See Hope in Trump’s Tariffs

After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.

The New York Times - 1d

Tyrese Haliburton grimaces and bleeds; what Pacers guard said about his first-half tumble

Tyrese Haliburton said the tumble he took just before halftime against the Wizards aggravated a court burn on his back, but said he's fine.

Yahoo Sports - 15h

Democrats target Trump's effort to 'bend our justice system to his will'

Democrats held a rare bicameral forum to examine the Trump administration’s actions targeting Department of Justice (DOJ) staff and major law firms as the party explores how to push back against ...

The Hill - 1d

How much do stocks have to drop before trading is halted? The details on market 'circuit breakers'

When stock prices and stock futures fall rapidly in a single session, exchanges implement halts in trading to allow a moment for cooler heads to prevail.

CNBC - 2d

US stocks close lower, reversing earlier rally as tariff selloff continues

The market turbulence stretches back to Trump's tariff announcement last week.

ABC News - 21h

JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs

In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.

The New York Times - 1d