Latest in Price Shocks Trump
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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 - 2d -
Trump Extends TikTok Deal Deadline, Delaying a Potential Ban
The app was facing a Saturday deadline to change its ownership or face a ban in the United States.The New York Times - 2d -
Trump Rejects Proposal for Medicare to Cover Wegovy and Other Obesity Drugs
Administration officials reversed a decision made during the Biden presidency that would have given millions of people access to weight-loss drugs paid for Medicare and Medicaid.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 - 1d -
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.The New York Times - 1d -
Tens of thousands rally against Trump at DC ‘Hands Off’ protest
Congress members Jamie Raskin, Eric Swalwell and Ilhan Omar among speakers as demonstrators denounce ‘fascism’. Demonstrators estimated to be in the tens of thousands gathered in Washington DC on ...The Guardian - 1d -
A Playbook for Law Firms and Colleges to Stand Up to President Trump
Law firms and universities do not need to capitulate. Here’s how they can fight back.The New York Times - 1d -
Trump administration revokes all South Sudanese visas in repatriation row
State department accuses east African country of ‘taking advantage of the United States’. The US is revoking the visas of all South Sudanese passport-holders and will stop any more of its citizens ...The Guardian - 18h -
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 - 20h -
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 - 11h -
Trump admin argues judge can't order return of mistakenly deported man
Government lawyers say a federal judge has no control over Kilmar Abrego Garcia and no authority to arrange for his return.CBS News - 9h -
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 - 8h -
US judge scolds Trump officials for failing to return man deported in error
The scathing opinion comes as a deadline looms to return the man from a prison in El Salvador.BBC News - 8h -
Democrats hammer Trump for his weekend of golf as stocks tumble
Dow futures opened Sunday evening down 1,500 points, or 4% percent., while the S&P 500 and NASDAQ 100 futures were also down 4%.ABC News - 8h -
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 - 5h -
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 - 3h -
Trump’s tariff blitz causes turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 5h -
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 - 5h -
Bondi says Trump will 'probably' leave after second term
The administration's FEMA funding freeze violated a court order, a judge ruled.ABC News - 2h -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 42m -
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 - 3h -
Global stocks tumble 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 - 56m -
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
A brutal day for markets around the world added to the pain of last week’s market turmoil, with more declines expected when trading starts in New York.The New York Times - 7m -
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 - 10h -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 2d -
The Affordable Car Is About to Go Extinct in the US
As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car.Wired - 2d -
A dark hour for American science
Other countries have a chance to attract US talent driven out by Trump’s policiesFinancial Times - 23h -
US closes in on critical minerals deal with DR Congo
Trump’s Africa adviser agrees ‘path forward’ to drive American mining investment as Tshisekedi government seeks to shore up supportFinancial Times - 19h -
Federal probationary workers left in limbo amid legal challenges to mass firings
Probationary workers fired as part of President Trump's downsizing talked about their jobs and their ongoing employment limbo as legal fights continue.CBS News - 14h -
US defends tariffs on remote island of penguins and seals
A group of islands, occupied only by penguins and seals, has been swept up in Trump's trade war.BBC News - 3h -
Why the US mortgage market is addicted to big government
Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concernsFinancial Times - 5h -
Overseas stock markets plunge, U.S. futures tumble as tariff turmoil continues
Overseas financial markets plummeted Monday and U.S. stock futures fell again in reaction to the Trump administration's latest tariff salvos.CBS News - 14m -
Everything Is Going According to Plan
Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?The New York Times - 42m -
US stock futures slide amid historic rout in foreign markets
Key Asian stock markets tumbled upon opening on Monday as the world's reaction to President Donald Trump's tariffs campaign continued.ABC News - 9m -
The limits of the UK-US ‘special relationship’
Britain lacks leverage in Trump tariff negotiations, with UK diplomatic and economic priorities looking increasingly EuropeanFinancial Times - 1h -
In South Africa, a needle exchange program for drug users feels the effects of Trump's aid cuts
A secluded corner near South Africa’s capital is home to dozens of people with drug addictionABC News - 3d -
Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.The New York Times - 3d -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 1d -
Advocacy groups fear Trump pressure will force Big Law into civil rights retreat
Firms that helped fight high-profile battles targeted by White House executive ordersFinancial Times - 1d -
Britain needn’t be cowed by wrecking-ball Trump, it should seize opportunities in Europe, Canada and beyond | Will Hutton
Keir Starmer can help redefine global trade while strengthening new – and old – alliances. ‘Liberation Day” was, of course, a tragic idiocy based on a bewildering inversion of reality. The rest of ...The Guardian - 1d