Latest in Amid Tariff Turmoil
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Trump not trying to crash market with tariffs, says White House economic advisor
Despite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."CNBC - 18h -
The Fed shouldn’t try to save the world from Trump tariffs
Given its record, the risk is that the US central bank will do just thatFinancial Times - 9h -
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 - 8h -
Goldman Sachs sees US recession if full tariffs go into effect
And it’s almost 50-50 even if they don’tFinancial Times - 8h -
'Sometimes you have to take medicine': Trump defends sweeping tariffs
Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.BBC News - 9h -
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.The New York Times - 7h -
Global stocks plummet 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 - 4h -
Tariffs have shaken the markets - how worried should we be?
Workers are right to fear for their pensions, but the greater worry is the here and now - the economy they live in.BBC News - 6h -
UK to relax electric car rules as US tariffs hit
The prime minister says measures will help the car industry but critics claim they are not enough.BBC News - 2h -
Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.BBC News - 2h -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 1h -
Companies get creative in finding ways to limit impact of tariffs
Consultants are helping clients lower the customs value of imports to cut the cost of new leviesFinancial Times - 2h -
Global stocks tumble as Trump offers no respite from tariffs
Asian and European indices fall, with US futures also lower, as traders raise bets on Federal Reserve rate cutsFinancial Times - 1h -
Trump, Tariffs and Carney: Canada Polls Show Liberals With Early Election Lift
The Liberal Party, which not long ago seemed destined to crash in federal elections under Justin Trudeau, is experiencing a reversal of fortune. Here’s what a close review of polls shows.The New York Times - 20m -
Live Updates: Stocks in Asia and Europe Fall Further as Trump Defends Tariffs
U.S. markets were also set to open lower as President Trump said that he would not back off his trade war, reinforcing fears of a global economic downturn.The New York Times - 8m -
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 - 3h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest data on imports, exports and trade balancesFinancial Times - 2h -
Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.The New York Times - 3d -
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. - 2d -
‘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 Fed Isn’t Rushing to Save the Markets This Time
With stocks in a steep decline and tariffs inducing recession jitters, the patience of investors may be tested.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 -
Trump Treats European Allies as a Cash Cow
President Trump has shown a willingness to fracture the trans-Atlantic alliance with his tariffs and demands for higher military spending.The New York Times - 2d -
British Carmaker Jaguar Land Rover Pauses Shipments to U.S.
The luxury automaker, which faces 25 percent import tariffs, said it was halting shipments in April as it addresses the new trading terms.The New York Times - 1d -
4/2: CBS Evening News Plus
These countries are getting slapped with reciprocal tariffs from the U.S.; Reporter's Notebook: How a government contract became a political weaponCBS News - 12h -
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 - 4h -
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 - 37m -
Jim Cramer's top 10 things to watch in the stock market Monday
U.S. stocks are set for another brutal open today after last week's tariff-driven carnage.CNBC - 31m -
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 - 2h -
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 - 39m -
Bitcoin drops below $77,000 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 - 2m -
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 - 2d -
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.The New York Times - 10h -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 4h -
‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.The New York Times - 4h -
In conservative Alabama, Republicans cheering for Trump - with some quiet concerns
Alabama Republicans cheered President Donald Trump and his agenda at a GOP party the day he imposed tariffs and sent stock markets tumbling worldwideABC News - 53m -
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading toward a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.CNBC - 42m -
'This is the Trump recession,' CEOs say, with price increases and 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 - 4m -
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 - 2d -
Trump tariffs risk large euro-area ‘demand shock’, Greece’s central bank governor warns
Yannis Stournaras says looming trade war will drag on growth and inflationFinancial Times - 9h