Drugmakers Tariffs Costs

China vows to ‘fight to the end’ against latest Trump tariff threat

Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies looms. Tariff market reaction –live updates China’s government says it will ...

The Guardian - 7h

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 - 9h

Abundance vs. equity in MAGA’s high-stakes tariff game

What does victory look like in the tariff wars? If you ask Treasury Secretary Scott Bessent, it’s already happening. “More than 50 countries have approached … the administration about lowering ...

The Hill - 2h

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 - 2h

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 - 1h

A Tariffs Cheat Sheet

An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.

The New York Times - 3d

Trump’s Tariffs: Is Globalisation Over?

Prime Minister Keir Starmer says "the world as we knew it has gone"

BBC News - 2d

ESA Says Tariffs Will Have A "Detrimental Impact" On Entire Gaming Industry, Not Just Nintendo

Earlier today, Nintendo made the unprecedented decision to delay prerelease orders for the Switch 2 in the US in order for the company to "assess the potential impact of tariffs and evolving ...

GameSpot - 3d

How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again

After years of managerial turmoil and a failed merger with Honda, Nissan is attempting to right the ship. President Donald Trump's tariffs couldn't have come at a worse time.

Wired - 2d

Op-ed: First test in Trump's tariffs war is underway. Our government is set to fail it

One thing the Trump White House fact sheet on tariffs does not offer is a coherent implementation plan. That's a dangerous foundation for long-term policy.

CNBC - 1d

Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'

Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.

CNBC - 1d

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 - 16h

Are Trump's tariffs negotiable or here to stay? Amid confusion, he says can be both.

For days, Trump officials have offered conflicting statements on whether countries can do anything to save themselves from the severe tariffs.

ABC News - 14h

Republicans Ted Cruz, Rand Paul speak out on risks of Trump tariff policy

As fallout continues from Trump's severe tariff policy on virtually all U.S. trading partners, some GOP senators are warning about the risks for American families.

ABC News - 16h

Media Outlets Face Fallout from Dubious 90-Day Tariff Pause Report

The report, that President Trump was considering a pause on his expansive tariffs, spread on social media and was amplified by CNBC and Reuters. The White House called the claim “fake news.”

The New York Times - 17h

Trump holds firm on tariffs as the White House looks for ways to calm nervous allies

Trump sees an opportunity to “change the fabric” of the U.S. with his sprawling plan to institute new global tariffs,while cracks form in his political coalition.

NBC News - 11h

'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 - 10h

Asian, European 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 - 4h

Markets may be calmer after tariff turmoil, but a political trade war is only just beginning

Global stocks on Tuesday clawed back a fraction of their enormous recent losses, with the turmoil from Trump's global tariffs last week calming in markets.

NBC News - 2h

Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing

Walmart said its Walmart+ members account for about half its e-commerce sales, a key source of revenue as tariffs raise worries about the economy.

CNBC - 3h

Canadian couple likely the only business owners on Australia's Norfolk Island to face US tariffs

Jesse Schiller and Rachel Evans are likely the only business owners on Australia's Norfolk Island to be affected by the Trump administration's tariffs, as the island exports nothing to the United ...

ABC News - 3h

Trump tariffs live updates: Sec. Bessent tells ABC deals could come 'very quickly'

Treasury Secretary Scott Bessent on Tuesday morning told ABC News he thinks deals can be made with other nations as some tariff negotiations begin.

ABC News - 20m

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 - 17m

Tuesday Briefing

The global response to President Trump’s tariffs.

The New York Times - 7h

Rubio defends Trump tariffs, says Putin needs to show he ‘wants peace’

Speaking at NATO headquarters in Brussels, Secretary of State Marco Rubio told reporters President Trump’s tariffs will “reset” global trade. Rubio also said Russia needs to show it is serious ...

NBC News - 3d

New and soon-to-be retirees are ‘terrified’ of market turmoil over tariffs, Sen. Schiff says

Sen. Adam Schiff (D-Calif.) on Meet the Press says people have seen their “retirement savings on fire” following President Donald Trump’s announcement of sweeping tariffs.

NBC News - 1d

Stocks fall after day of wild swings as markets digest Trump's tariff reality

Wall Street ended largely lower Monday after a wild trading day as President Donald Trump escalated his trade war with aggressive tariffs that have rocked the global economy, leaving investors -- ...

NBC News - 1d

Trump defends tariffs as markets plunge: 'I don't want anything to go down'

President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.” “When you look at the trade deficit we have with certain countries, with ...

The Hill - 1d

Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out

Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...

The Hill - 1d

Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'

Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...

The Hill - 22h

CNBC says it aired 'unconfirmed' report on Trump tariff plans amid market turmoil

CNBC on Monday acknowledged that it aired a banner containing unconfirmed information about President Trump's economic plans amid widespread market uncertainty stemming from the tariffs he ...

The Hill - 17h

Live updates: US to have direct talks with Iran; markets slide eases amid tariff moves

President Trump is holding firm in his economic plans, even as stocks opened Monday morning at a loss and discontent grew over the weekend with his tariff agenda. He pushed back on criticism ...

The Hill - 16h

Mark Cuban: Tariffs, DOGE cuts could result in 'far worse situation than 2008'

Billionaire investor Mark Cuban predicted the United States economy would be in a “far worse situation than 2008” if President Trump’s tariffs stay in place and Elon Musk’s Department of Government ...

The Hill - 15h

Trump’s very beautiful tariffs will fix America, masculinity and the family. It said so on Fox News | Arwa Mahdawi

Let’s stop all the moaning about stock market crashes and soaring grocery prices. It’s time to focus on the upsides!. There’s been a lot of doom-mongering about tariffs recently, hasn’t there? Oh ...

The Guardian - 1h