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Stocks Rise Cautiously Amid Tariff Whiplash
After exempting imports of smartphones, chips and other electronics, President Trump said on Sunday that the carve outs were only temporary.The New York Times - 2d -
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
President Trump’s tariff blitz has rattled investors and shaken their faith in one of the most reliable and ubiquitous assets in the world economy.The New York Times - 1d -
Vance fumbles football championship trophy during White House celebration
President Donald Trump hosted the team after the Buckeyes won the College Football Playoff National Championship in January.ABC News - 1d -
Wall Street sours on Donald Trump
Also in today’s newsletter, Mark Carney’s pitch that he can beat back the US president’s threat to CanadaFinancial Times - 1d -
Potential Tariff Pause for Auto Supply Chains Triggers More Economic Whiplash
The president said carmakers “need a little bit of time” to alter their operations to focus on domestic manufacturing for parts and vehicle assembly.Inc. - 1d -
4/7: America Decides
President Trump says he’s not looking at pausing tariffs; Senator Bernie Sanders discusses taking on the Trump administrationCBS News - 1d -
Brazil's Bolsonaro shares recovery footage from intensive care after 12-hour surgery
Former Brazilian President Jair Bolsonaro remains in intensive care in hospital after a bowel surgeryABC News - 1d -
Trump honors Navy football team at trophy ceremony
President Trump participates in a commander-in-chief trophy presentation ceremony at the White House for the 2024 Navy Midshipmen.NBC News - 1d -
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 - 6d -
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 - 6d -
U.S. Ambassador to Ukraine Steps Down Amid Strained Ties Under Trump
The departure may complicate the already delicate relationship between Washington and Kyiv, which has been stressed by President Trump’s efforts to end the war.The New York Times - 5d -
Trump Close to Winning Concessions From More Law Firms
Four or five firms could soon agree to deals that would be unveiled as a package, in an escalation of the president’s crackdown on an industry that has drawn his ire.The New York Times - 5d -
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.The New York Times - 5d -
Tesla Halts Orders in China on U.S. Imported Models
An “order” button was removed from Tesla’s Chinese website after Beijing raised tariffs on U.S. imports in response to President Trump’s levies against the country.The New York Times - 5d -
Trump Administration Delays Plan to Limit Pricey Bandages
Medicare spending on “skin substitutes” reached $10 billion last year. A leading seller made a large donation to President Trump’s election campaign.The New York Times - 5d -
Here’s how much a ‘Made in the USA’ iPhone would cost
The White House says President Trump believes Apple can make a U.S. iPhone, but there are many reasons why analysts say that's likely not possible.CNBC - 5d -
U.S. and Ukraine Reopen Talks on Contentious Minerals Deal
Kyiv and Washington have been haggling over a deal for resource rights that President Trump sees as a way to “recoup” past U.S. aid to Ukraine.The New York Times - 5d -
Mortgage rates surge over 7% as tariffs hit bond market
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.CNBC - 5d -
Louisiana shrimpers hope for jumbo benefits from Trump tariffs
NBC News Correspondent Marissa Parra reports from Venice, Louisiana, on how President Trump’s tariffs could impact the livelihood of American shrimpers.NBC News - 4d -
U.S. Military Removes Commander of Greenland Base
Although the military did not say why the colonel had been dismissed, it said it would not tolerate any subversion of President Trump’s agenda.The New York Times - 4d -
10-year Treasury yield tops 4.5% after surge this week that's worrying Wall Street and the White House
The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.CNBC - 4d -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 5d -
How This Trade War Is Different From All Other Trade Wars
By acting on his own, President Trump has broken with more than 200 years of U.S. history in which Congress set the direction of trade policy.The New York Times - 4d -
Argentina says it will lift the country's strict currency controls with help from the IMF
Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few daysABC News - 4d -
Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts
Nothing is certain under this president – as seen in the inconsistent implementation of tariffs. And it has a longer-term economic cost. Minutes after Donald Trump unveiled a climbdown on tariffs ...The Guardian - 4d -
Whitmer Shows How Democrats Are Playing With Fire in Cozying Up to Trump
The Michigan governor’s awkward Oval Office appearance reflected how several Democratic state leaders are cultivating cordial but politically risky relationships with the president.The New York Times - 4d -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 4d -
How Trump Offers This African Territory Its ‘Biggest Opportunity’
After years of building relationships with congressional Republicans and conservative think tanks, officials in Somaliland believe President Trump will grant their ultimate wish: statehood.The New York Times - 4d -
Prepping for War With Russia on the Ice and Snow
President Trump may be turning relations with NATO and Russia inside out, but winter war games revealed that two militaries’ cooperation was unchanged.The New York Times - 4d -
Chris Riddell on Donald ‘Captain America’ Trump wielding his tariff shield – cartoon
Is the president really ready to do battle with China after causing global chaos and undermining the US economy?. You can buy a copy of this cartoon Continue reading...The Guardian - 4d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 4d -
Trump exempts phones, computers, chips from new tariffs
Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make many of their products.CNBC - 4d -
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 - 4d -
Apr 8: CBS News 24/7, 4pm ET
President Trump to sign executive order aimed at revitalizing the coal industry; Scientists claim to successfully revive once extinct Dire wolf.CBS News - 3d -
Trump exempts smartphones and computers from new tariffs
It follows concerns that tech prices could skyrocket, as many gadgets are made in China, with the US president saying he will give more detail on Monday.BBC News - 3d -
Ahead of Easter, SNL's Trump says stocks 'did a Jesus' in falling, rising and falling again
"Saturday Night Live" did its best attempt to bring levity to the global economic turmoil sparked by President Donald Trump's uncertain and oft-changing tariffs.NBC News - 3d -
Trump and Some of His Cabinet Members Attend U.F.C. Fight in Miami
The spectacle at the mixed martial arts event was emblematic of an emboldened president who increasingly encourages displays of force to carry out his agenda.The New York Times - 3d -
I covered Duterte’s Rise. His victims’ families feared he was untouchable.
Former President Rodrigo Duterte was arrested by Philippine authorities and flown to The Hague for his arrest warrant issued by the International Criminal Court for his responsibility in the crime ...The Hill - 3d -
Neel Kashkari: Fast resolution with countries over tariffs will ease recession fear
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said a fast resolution between the Trump administration and countries with tariffs will help ease the fear of a recession. ...The Hill - 3d -
Democrats Widely Blast Trump’s Tariffs, but Not Tariffs Overall
While Democrats have widely criticized President Trump’s whipsawing trade strategy as chaotic, they’ve displayed little consensus on where the party stands on tariffs overall.The New York Times - 3d