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Congress has power over tariffs, but stopping Trump isn't likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.CNBC - 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 -
British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs
Jaguar Land Rover, which is one of Britain's biggest carmakers, described the U.S. as "an important market" for the firm's luxury brands.CNBC - 22h -
Trump Says Tariffs Will Stay Until Trade Deficit Disappears
The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.The New York Times - 6h -
CNBC Daily Open: The trade wars begin
Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday.CNBC - 6h -
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 - 2h -
Indian Prime Minister Modi expands ties on a visit to Sri Lanka
Indian Prime Minister Narendra Modi has inaugurated construction work on an jointly-funded solar plant in neighbouring Sri Lanka and witnessed the signing of energy and defense agreementsABC News - 1d -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 8h -
Aid cuts could have ‘pandemic-like effects’ on maternal deaths, WHO warns
Loss of funding could undo progress in reducing deaths in pregnancy and childbirth, especially in war zones, says UN. More women risk dying in pregnancy and childbirth because of aid cuts by ...The Guardian - 9h -
Le Pen supporters rally in Paris, turning a protest into a populist show of force
Far-right French politician Marine Le Pen, who was convicted last week of embezzling public funds and banned from running for office, stood unshaken before a sea of French flags in Paris on SundayABC News - 8h -
Poor countries say rich world betraying them over climate pledges on shipping
Proposal that ships pay levy on emissions to fund climate action in poor countries opposed by powerful economies. Poor countries have accused the rich world of “backsliding” and betrayal of their ...The Guardian - 3h -
FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says ‘sometimes you have to take medicine’ – business live
Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns. Hong Kong stocks have plummeted more than 9% ...The Guardian - 21m -
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 7h -
Trump says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, but that markets "sometimes need to take their medicine."CNBC - 7h -
'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 - 4h -
Global Stocks Fall Sharply, Extending Rout Caused by Trump’s Tariffs
A brutal day for other major U.S. trading partners extended last week’s market turmoil, with more declines expected when trading starts in New York.The New York Times - 21m -
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 - 1d -
Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones Industrial ...The Hill - 9h -
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 - 5h -
Bayern boss discusses possibility of signing Kleindienst as a back-up for Kane
Tim Kleindienst is one of the names that has been linked with Bayern Munich, with the Bavarian giants reportedly in the market for a striker to help take some of the pressure off Harry Kane.But ...Yahoo Sports - 1h