Latest in Distract Tariffs
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Relief at a Trade Hub on the Southern Border, but No End to Its Unease
In an industrial district in Texas and New Mexico, companies welcomed President Trump’s tariff exemptions for Mexico, but concern and confusion linger.The New York Times - 3h -
What’s Wrong With Apple?
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 3h -
Apple is left without a life raft as Trump’s China trade war intensifies, analysts warn
Apple remains stranded without a life raft, experts say, as tariffs on China reach a cumulative 145%.CNBC - 4h -
Swiss drugmaker Novartis to invest $23bn in US manufacturing and R&D
Pharma group builds out American supply chains as part of preparations for potential US tariffsFinancial Times - 4h -
‘This is not in my tolerance level’: I inherited a $600K portfolio from my father. Should I move it all into bonds?
Stocks soared on Wednesday after Trump announced a 90-day pause on country-specific “reciprocal” tariffs.MarketWatch - 3h -
Ask Shrimsley: How can I learn from Trump’s trade war?
Neighbours have been taking advantage of my generous nature for far too long: it’s time for tariffsFinancial Times - 2h -
Stock Markets Rattled by Latest Escalation in U.S.-China Trade War
Beijing retaliated with higher tariffs on U.S. goods, a tit-for-tat move that intensified investors’ anxiety and rattled already shaky markets.The New York Times - 57m -
JPMorgan’s Jamie Dimon Warns of ‘Considerable Turbulence’ Ahead for Economy
Jamie Dimon of JPMorgan flagged “potential negatives” to tariffs as his and other big banks revealed their latest earnings.The New York Times - 8m -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 35m -
Danish shoppers boycott U.S. products as Greenland — and trade — tensions escalate
Incensed by President Donald Trump's posturing over Greenland and sweeping trade tariffs, Danish shoppers are turning their backs on American products.CNBC - 24m -
Shein wins nod from UK regulators for London IPO
FCA’s preliminary approval comes as the fast-fashion company faces challenges from Trump’s tariffsFinancial Times - 20m -
Theresa May: ‘Keep calm and keep talking to Trump’
The former UK prime minister on tariffs, Boris Johnson’s manoeuvring — and the time the president held her handFinancial Times - 42m -
Trump's 'buy' tip on social media before tariffs pause made money for investors
President Donald Trump offered some financial advice on Wednesday morning that ended up making a lot of money for any lucky investor who listened to himABC News - 1d -
Trump’s pivot on tariffs shows that Wall Street still has a seat at his table
This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.CNBC - 19h -
Social Security cost-of-living adjustment projected to be lower in 2026, estimates find. But tariffs may change that
New government inflation data points to a lower Social Security cost-of-living adjustment for 2026 compared to the 2.5% increase beneficiaries saw in 2025.CNBC - 17h -
China to limit number of American films imported from US amid tariff battle
China announced its decision to reduce the number of U.S. films shown in China amid the escalating trade war between the nations.ABC News - 18h -
Bitcoin falls as investors slash gains from historic rally on U.S. tariffs pause
Cryptocurrencies pulled back with the broader market as investors gave back more than half of Wednesday's historic rally.CNBC - 16h -
US risky debt funds hit by historic outflows as Trump’s tariffs shake markets
Investors rush away from junk bonds and leveraged loans on rising recession fearsFinancial Times - 13h -
After losing homes and businesses, LA wildfire victims face a hurdle to rebuilding: Trump’s tariffs
The uncertainty is keeping contractors from buying materials and discouraging would-be Good Samaritans from offering discounts. Cory Singer, co-owner of the homebuilding firm Dolan Design & Build, ...The Guardian - 13h -
Trump Threatens More Tariffs and Sanctions on Mexico Over Long-Running Water Dispute
President Trump on Thursday cited the growing water debt that Mexico owes the United States under a treaty governing the use of the countries’ shared rivers.The New York Times - 10h -
Here’s how Apple could prevent iPhone prices from going up due to tariffs
Morgan Stanley sees room for Apple to expand India production and kill of lower-end storage configurations that are less profitable.MarketWatch - 7h -
Why von der Leyen expects Trump’s tariffs to help the EU strike trade deals
Also in this newsletter: Italy’s latest attempt to send migrants to AlbaniaFinancial Times - 7h -
China unlikely to aggressively devalue yuan to offset impact of U.S. tariffs, economists say
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.CNBC - 5h -
China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’
Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues. Business live – latest updates Why did ‘strongman’ Trump back down on ...The Guardian - 3h -
Wells Fargo’s CEO sees more volatility due to tariffs, is ready for slower economy
“The actual outcome will be dependent on the results and timing of the policy changes,” Wells Fargo’s CEO said.MarketWatch - 26m -
JPMorgan CEO Jamie Dimon warns economy is facing ‘considerable turbulence’ from tariffs and trade wars
Jamie Dimon cited “sticky inflation, high fiscal deficits and still rather high asset prices and volatility” in his remarks.MarketWatch - 16m -
Live Updates: China Raises Tariffs on U.S. to 125% as Tit-For-Tat Trade War Escalates
Beijing’s latest retaliation came after the White House raised its levy on Chinese goods to 125 percent, on top of an existing 20 percent tax. Stocks in Europe were volatile, following losses on ...The New York Times - 10m -
Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.
With inauguration donations and Mar-a-Lago visits, leaders of the biggest tech companies sought favor with the president in an attempt to steer regulation and tariffs, to little avail.The New York Times - 3d -
Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off.
With inauguration donations and Mar-a-Lago visits, leaders of the biggest tech companies sought favor with the president in an attempt to steer regulation and tariffs, to little avail.The New York Times - 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 - 2d -
Shopping for an EV or Plug-In Hybrid? Here Are the Ones Built in the US
Donald Trump’s import tariffs will put pressure on the EV market. But these US-assembled battery-powered cars may avoid the worst of the price hikes.Wired - 1d -
How Do the iPhone 16E and Google Pixel 9A Compare to More Expensive Models?
With tariffs threatening to drive up the costs of most things, the new entry-level phones from Apple and Google present a timely opportunity to save some bucks.The New York Times - 21h -
Inflation is Falling Because People Are Traveling Less
The CPI fell last month as gas prices dropped sharply; so did airfares and hotel rooms, a sign prices cooled ahead of tariffs.Inc. - 20h -
As Trade War Heats Up, Most U.S. Businesses Stick With China Plans
Despite spiking tariffs on imports from China, U.S. companies view the country’s manufacturing advantages and domestic market potential as too valuable to renounce.Inc. - 18h -
Trump’s Trade War With China Is Now Hurting Hollywood—and US Soft Power
On Thursday, Chinese officials retaliated against President Donald Trump’s tariffs by imposing new restrictions on US movies. That’s a big blow to America’s cultural cachet in the nation.Wired - 19h -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 19h -
How the mother of all 'short squeezes' helped drive stocks to historic gains Wednesday
Short sellers' bearish positions unexpectedly dropped in value as stocks soared on news of a tariff pause, forcing them to buy back shares to limit losses.CNBC - 16h -
Op-ed: America's 'vibecession' never ended, and now it is deepening across income levels
Financial insecurity among Americans continues to rise, with interest rates, tariffs, and layoffs fears all factors, according to a new CNBC|SurveyMonkey poll.CNBC - 15h -
Trump and team downplay continued market turmoil as 'transition cost'
President Trump and his top officials brushed off continued turmoil from his tariff approach as "transition problems" as uncertainty remains about what's next.ABC News - 16h -
Tesla shares retreat following sharpest rally since 2013
After soaring 23% on Wednesday due to President Trump's pause on most new tariffs, Tesla shares dropped on Thursday along with the broader market.CNBC - 15h