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China raises tariffs on US goods from 84% to 125%, finance ministry says – business live
China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs . US stocks fall again after rally following Trump’s shock retreat on tariffs Life in Shanghai, ...The Guardian - 6h -
Justice Dept. Disbands Cryptocurrency Enforcement Unit
The Trump administration is dialing back its enforcement of cryptocurrency, and criticizing Biden-era prosecutions.The New York Times - 2d -
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. - 1d -
CNBC and Fox Business See Viewership Soar Amid Market Chaos
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy.The New York Times - 1d -
Market Madness, Manufacturing, and the Liberation Day of It All
Donald Trump’s tariff announcements are roiling the markets. On this week’s special episode of Uncanny Valley, we break it all down.Wired - 1d -
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.The New York Times - 1d -
4/9: CBS Evening News
Stock market sees historic rally after Trump pauses reciprocal tariffs; Uber's most interesting lost and found itemsCBS News - 1d -
U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The dollar has fallen since President Donald Trump announced new tariffs last week.CNBC - 18h -
Apr 10: CBS News 24/7, 1pm ET
President Trump holds a Cabinet meeting at the White House; House lawmakers approve key budget resolution.CBS News - 17h -
Tensions arise over Speaker Mike Johnson's efforts to bring Rep. Elise Stefanik back into the fold
After Trump pulled Stefanik’s nomination to be U.S. ambassador to the U.N., Johnson faces a conundrum on how to place her on a key committee.NBC News - 15h -
Inflation rate rose by 2.4% last month, showing cooling prices
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.CBS News - 14h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 14h -
Dollar slumps to three-year low as Treasury yields soar
Analysts point to crisis of confidence in US currency amid chaotic rollout of Trump tariffsFinancial Times - 14h -
The Papers: 'Further market turmoil' and 'Harry's secret visit'
The Duke of Sussex's trip to Ukraine and further reaction to Donald Trump's tariffs feature on Friday's front pages.BBC News - 11h -
US consumers warned of higher prices from tariffs within weeks
Analysts estimate Donald Trump’s levies could cost the average household $4,700 a yearFinancial Times - 11h -
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 - 6h -
Shein gains approval from UK regulators for London float
FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffsFinancial Times - 7h -
Senate Confirms Dan Caine as Chairman of Joint Chiefs of Staff
Lt. Gen. Dan Caine will serve as the senior military adviser to President Trump and Defense Secretary Pete Hegseth.The New York Times - 7h -
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 - 6h -
Labour’s trade and tariff balancing act
Plus, UK tries to negotiate Trump’s minimum rate and broader US economic deal but none of this looks easyFinancial Times - 6h -
‘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 - 6h -
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 - 3h -
Supreme Court rules U.S. must facilitate return of Kilmar Abrego Garcia from El Salvador
The Trump administration argues that Kilmar Abrego Garcia is a member of the notorious MS-13 gang. The El Salvador native denies that claim.CNBC - 3h -
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.CNBC - 2h -
Supreme Court ruling on Kilmar Abrego Garcia and helicopter crash in Hudson River: Morning Rundown
In today's newsletter: The Supreme Court tells the Trump administration to "facilitate" the release of a man wrongly deported to El Salvador.NBC News - 3h -
Iran says it is seeking "real and fair" agreement in nuclear talks
In the lead-up to talks this weekend, President Trump reiterated his warning that military action was "absolutely" possible if talks failed.CBS News - 28m -
China increases retaliatory tariffs on US imports to 125%
Beijing accuses Trump of violating ‘basic economic laws and common sense’ as it announces tit-for-tat rise in dutiesFinancial Times - 1h -
BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now
The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from the Trump administration.CNBC - 12m -
Retreat or negotiating strategy? Trump steps back from all-out trade war
The US is now making nice – or at least nicer - with nations that had faced their retaliatory trade fire, writes Anthony Zurcher.BBC News - 1d -
Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it | Gordon Brown
As I discovered then, global problems need international responses. By working together, we can protect jobs and living standards. This is the first in a two part series on the global response to ...The Guardian - 1d -
Whatever Donald Trump does next, this chaos will soon be shaping ordinary lives for the worse | Gaby Hinsliff
There is now little prospect of the growth Labour promised. With Reform nipping at his heels, Starmer must offer protection to the British people. If it’s brown, lie down. If it’s black, fight ...The Guardian - 22h -
How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
A broad variety of products made in China, including toys, clothing and electronics, may cost more. Shoppers could also see an impact from other tariffs.The New York Times - 22h -
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliationFinancial Times - 19h -
Hundreds of Video Game Workers Join New Union as Trump Attacks Labor Rights
The United Videogame Workers union is open to any gaming worker in the US and Canada and will focus on industry-wide job loss.Wired - 19h -
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 - 16h -
Top strategists say stock market still bogged down by tariff uncertainty despite Trump’s pause
Top strategists on Wall Street say the White House has not yet done enough to dispel tariff uncertainty, leaving the stock market struggling to stage a durable rally.MarketWatch - 17h -
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 - 16h -
Trump administration adds immigrants to Social Security dead list to encourage self-deportation
Immigrant workers put on the list will not be able to legally hold jobs or use financial servicesMarketWatch - 14h -
Trump is pushing students towards Britain – ministers, don’t let your immigration obsession stand in the way | Polly Toynbee
Beleaguered UK universities have a golden opportunity. If the government passes it up, it risks billions in revenue . Shocking stories told at a US universities conference in San Diego described ...The Guardian - 10h