Latest in Money Amid Tariff
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Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 1d -
Apr 7: CBS News 24/7, 1pm ET
President Trump says he will impose new tariffs on China if Xi Jinping does not withdraw retaliatory tariffs; Stocks tumble as global markets feel the impact of Trump tariffs.CBS News - 59m -
Tech Stock Shock + Solving the Mystery of OpenAI’s ‘Blip’ + Tinder’s Flirt-Off
What do Trump’s tariffs mean for tech consumers and the future of AI?The New York Times - 3d -
How the EU could boost its defence capabilities with an arms-buyers’ club
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffsFinancial Times - 19h -
A market rout made in the White House
Those with the president’s ear must urge him to change course on tariffsFinancial Times - 7h -
Bill Ackman’s main fund drops 15% this year as trade war hits holdings
Billionaire’s Pershing Square Holdings bet on tariff-exposed stocks like NikeFinancial Times - 6h -
Apr 3: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leadersCBS News - 2h -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 3d -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 3d -
What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.The New York Times - 3d -
Nintendo Delays Switch 2 Preorders, Citing Trump’s Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.The New York Times - 3d -
‘A lot of red:’ Markets fall again following Trump tariff announcement
President Trump is doing little to calm investors as analysts at JPMorgan warn of a global recession. NBC News Correspondents Yamiche Alcindor and Brian Cheung, CNBC Reporter Steve Liesman and ...NBC News - 3d -
Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.The New York Times - 3d -
As Markets Plunge Over Trump Tariffs, All Is Calm on Fox News
There is no onscreen stock ticker. One anchor reassured viewers that “President Trump is keeping another campaign promise.”The New York Times - 3d -
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s.NBC News - 2d -
Trump Is Defiant as Tariff Moves Roil Markets a Second Day
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”The New York Times - 2d -
How Trump's tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario.CNBC - 2d -
Trump’s tariffs may be perilous for small, heavily indebted countries in global south
Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere. “This is very messed up. If Trump wants Cambodia to import more ...The Guardian - 1d -
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.The New York Times - 1d -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 1d -
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 - 1d -
EV targets watered down to help tariff-hit UK car industry
New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035Financial Times - 1d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial Times - 1d -
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 - 20h -
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 - 19h -
Trump’s tariff blitz sparks turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 20h -
Goldman Sachs sees US recession if full tariffs go into effect
And it’s almost 50-50 even if they don’tFinancial Times - 19h -
'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 - 20h -
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 - 18h -
The weekend Trump’s tariff threats became real for global investors
If global long-only funds start to rotate out of risk the market, turmoil could get worseFinancial Times - 18h -
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 - 15h -
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 - 16h -
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 - 14h -
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 - 13h -
Global markets plunge for 2nd week, triggered by Trump’s tariffs
After stocks plunged last week, losing nearly $6 trillion in market value, Wall Street is bracing for another bumpy ride triggered by President Donald Trump’s global trade war. JPMorgan now expects ...NBC News - 12h -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 12h -
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 - 13h -
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 - 11h -
Democrats demand Senate GOP chair hold hearing on Trump tariff 'chaos'
Sen. Elizabeth Warren (D-Mass.) and other Democrats on the Senate Banking Committee are demanding that the panel’s chair, Sen. Tim Scott (R-S.C.), hold a hearing on President Trump’s authority to ...The Hill - 10h -
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 - 10h