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Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs
Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China. People in the US: tell us how you think Trump’s first 100 days have gone so ...The Guardian - 7h -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 2d -
What Trump’s Tariffs Mean for Tech—and You
This week on Uncanny Valley, our hosts look at the impacts this trade war will have on the products we all use and how you can best navigate this new normal.Wired - 2d -
Trump Envoy Steve Witkoff Is in Russia, the Kremlin Says
Separately in Belgium, nations supporting Ukraine pledged billions more in military aid and raised doubts about Moscow’s desire for peace.The New York Times - 2d -
Trump Will End Temporary Protections for Afghans and Cameroonians
More than 10,000 people will be put on track for deportation in May and June as a result of the Department of Homeland Security’s action.The New York Times - 2d -
Trump Tariffs Muddle Campaigning for Canada’s Conservatives
Pierre Poilievre’s 25-point lead in the polls evaporated, and he struggled to switch voters’ focus to the economy, crime and other issues.The New York Times - 1d -
Trump’s Tariff Pause Is Less Than Meets the Eye
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.The New York Times - 1d -
Trump recognizes that domestic mining is a national security issue
In the modern geopolitical chess game, America’s mineral vulnerability is not just an economic liability but a strategic one.The Hill - 1d -
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 - 1d -
Trump should offer Panama more than threats
Washington has extracted concessions, but now needs to give something backFinancial Times - 19h -
How will the ECB respond to Trump’s trade war?
Market Questions is the FT’s guide to the week aheadFinancial Times - 18h -
China is well positioned to weather Trump’s trade war
Five years of export controls have helped it get very good at making things without American technologyFinancial Times - 18h -
US tech tariff exemption will be temporary, says Trump
US president says products given reprieve will fall under separate regimeFinancial Times - 6h -
Trump Halts China Tariffs on Smartphones, Computers, Electronics
China will be evaluating the impact of these tariff exclusions.Inc. - 4h -
Can Mark Carney stand up to Donald Trump?
Supporters say the former Bank of England governor is the man for the moment as he campaigns to be Canada’s PMFinancial Times - 1h -
Deadly Russian attack on Ukraine was a mistake, Trump says
Sunday's attack, which killed 34 people and injured 117, was widely condemned, with Germany calling it a war crime.BBC News - 1h -
Trump’s Tariffs Leave No Safe Harbor for American Importers
For companies that have shifted factory production from China to other countries, the latest tariffs have undermined their strategy while sowing paralysis.The New York Times - 36m -
Why traders — and Trump — should thank the SEC
Shorter settlement times may have helped avert serious liquidity problemsFinancial Times - 1h -
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 - 3d -
Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.The New York Times - 3d -
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties.The New York Times - 3d -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 2d -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 2d -
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 - 2d -
Why Iran’s Supreme Leader Came Around to Nuclear Talks With Trump
Top Iranian officials pressed the country’s leader to reverse his position, arguing that the risk of war with the United States and the worsening economic crisis could topple the regime.The New York Times - 2d -
Trump administration reviewing case of FBI informant convicted of lying about Bidens
The DOJ said it is reviewing the criminal case brought against Alexander Smirnov and is moving for a judge to release him from prison immediately.ABC News - 2d -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 2d -
Female Founders Sound the Alarm About Tariffs to President Trump
Inc. spoke with five entrepreneurs about the pain their companies are feeling—and how they are trying to alleviate it.Inc. - 2d -
She’s Young, Trump-Friendly, and Has a White House Press Pass
Natalie Winters, a protégée of Stephen Bannon, belongs to a newly high-profile contingent of West Wing reporters.The New York Times - 2d -
Five More Big Law Firms Reach Deals With Trump
Kirkland & Ellis, Latham & Watkins, A&O Shearman, Simpson Thacher & Bartlett and Cadwalader, Wickersham & Taft agreed to do free legal work on causes the White House supports.The New York Times - 2d -
The last grand strategists: what Brzezinski and Kissinger could teach Trump
Living parallel lives, they counselled presidents and changed the course of the cold war. How would they steer America today?Financial Times - 2d