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Why Trump's tariffs may do little to pay for tax cuts
The White House is arguing that revenue from President Trump's tariffs on U.S. importers is going to help pay for domestic tax cuts. “This time around, tariffs will help pay for both tax cuts and ...The Hill - 22h -
Why Trump’s Tariffs Are Rattling Even Meta
Meta, which owns Facebook, Instagram and WhatsApp, would not seem to be in the line of fire from tariffs. But President Trump’s trade actions are hitting even social networking businesses.The New York Times - 5d -
Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump trade advisor Peter Navarro.CNBC - 1d -
Why the EU takes no pleasure in hitting back at Trump’s tariffs
Also in this newsletter: Italy cracks down on ticket scams at Rome’s landmarksFinancial Times - 1d -
How exposed is the UK to Trump's tariff chaos?
The exact impact remains uncertain - but some of the emerging fallout may have an upside - here's why.BBC News - 9h -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 2d -
Trump Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’
President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.The New York Times - 1d -
Trump’s tariffs may be reduced but their impact will be felt in the UK and beyond
We examine potential consequences of US president’s market chaos, which could reach every corner of global finance and economy. Donald Trump may have stepped back from his huge tariff rises on ...The Guardian - 3h -
Tariff Uncertainty Is Freezing M&A and Dealmaking. It May Not Thaw for a While
Trump may have paused ‘reciprocal’ tariffs on most countries for now, but continued uncertainty has been freezing mergers and acquisitions.Inc. - 13h -
Why Measles Outbreaks May Be the New Normal
Recent Trump administration actions are setting the stage for a measles resurgence, experts fear.The New York Times - 4d -
China hikes tariffs on U.S. goods to 84%, as EU also hits back
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with 104% tariffCBS News - 14h -
Trump Tariffs Spill Over into Italian Wine Industry
The Italian wine industry may suffer immensely with Trump tariffs.Inc. - 3d -
UK Eases Rules on EVs as Trump’s Auto Tariffs Hit
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.The New York Times - 2d -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 3d -
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.The New York Times - 3d -
Cambodia hit with highest Trump tariff but manufacturing 'absolutely not' coming back to U.S., trade group says
Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.CNBC - 1d -
Why some business leaders are ‘afraid’ to speak out against tariffs
CNBC’s Andrew Ross Sorkin joins TODAY to discuss the economic uncertainty around President Donald Trump’s global tariffs and why some business leaders are “afraid” to speak out right now over fears ...NBC News - 2d -
Trump’s Tariffs May Rewire Markets’ Psychology
Trade tensions have begun to force a rethink about how much investors and businesses should bet on the United States.The New York Times - 1d -
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Nintendo Delays Switch 2 Preorders Thanks to Trump’s Tariffs
In an unprecedented move, Nintendo has pushed preorders for its highly anticipated Switch 2 to an unknown date. Why? Trump’s tariffs.Wired - 5d -
What are tariffs and why is Trump using them?
Tariffs are a key part of the US president's political vision, but economists fear a global trade war.BBC News - 12h -
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 - 18h -
Cambodia hit with highest tariff, but manufacturing not coming back to U.S., trade group says
Among the top goals for President Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of ...NBC News - 1d -
Why I.R.S. Audits, Already at Their Lowest Levels, May Fall Further
President Trump is reversing the Biden plan to increase tax revenue through more enforcement.The New York Times - 1d -
Trump’s tariffs may be perilous for small, heavily indebted countries in global south
Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere. “This is very messed up. If Trump wants Cambodia to import more ...The Guardian - 3d -
Tech stocks whipsaw in volatile trading session as Trump stands by tariffs
Shares of Apple, Microsoft and Tesla moved further down on Monday, but Alphabet, Amazon, Meta and Nvidia started to regain lost ground from last week.CNBC - 2d -
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 - 4d -
Even Streaming Services Might Be Hurt by Trump’s Tariffs
President Trump’s tariffs don’t hit streamers like Netflix directly. But they could impact what streaming services release—and how much people are willing to pay for it.Wired - 1d -
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.The New York Times - 4d -
UK growth forecasts hit by Trump’s tariffs
Economists factor in falling confidence and investment leading to job losses and a probable cut in borrowing costsFinancial Times - 1d -
Why the stock market hates tariffs and trade wars
The recent S&P 500 selloff, fueled by fear of the impact of President Donald Trump's tariff policy, was the worst since the early days of the Covid-19 pandemic.CNBC - 1d -
Why Trump is hitting China on trade - and what might happen next
There is much more to this than straightforward retaliation, writes John Sudworth, and it traces back to his first term.BBC News - 7h -
Trump tariffs: When consumers should expect inflation, price hikes to hit wallets
President Trump's tariffs mean inflation is on the way, and consumer prices will rise, but it won't be immediate based on how the global supply chain operates.CNBC - 14h -
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 - 16h -
Watch: Why US markets skyrocketed after Trump tariffs pause
The S&P 500 index soared 9.5% in the biggest one-day rally since 2008, following days of turmoil sparked by the tariffs.BBC News - 10h -
How the EU could boost its defence capabilities with an arms-buyers’ club
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffsFinancial Times - 3d -
Prices for used Teslas drop in US and Britain
Glut of former fleet cars may explain fall rather than link to Elon MuskFinancial Times - 2d -
Why Trump’s tariffs won’t last long
Voter and business sentiment will pile pressure on the president’s agendaFinancial Times - 3d -
Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%
The U.S. stock market, which had suffered since President Trump unveiled his tariff plan, rose sharply after he announced a pause to allow negotiations.CNBC - 12h -
Sneaker designers, retailers and collectors brace for Trump's tariffs
Small sneaker makers and huge companies like Nike face challenges from tariffs, as many sneakers are made in China, Vietnam and Taiwan, which have been hit with tariffs on goods sent to the United ...NBC News - 1d -
E.U. Officials Approve Retaliatory Tariffs Against the U.S.
The tariffs were slated to take effect starting on April 15, and to hit back at President Trump’s steel and aluminum levies.The New York Times - 12h