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FirstFT: Sell-off resumes as China retaliates to Trump’s latest tariff rise
Also in today’s newsletter, OpenAI slashes AI model safety testing time and Pentagon terminates $4bn of consultancy contractsFinancial Times - 4h -
Trump administration to refer Maine to DoJ over transgender participation in sports
The deadline has arrived for Maine officials to reach a resolution with the U.S. Education Department over a finding that the state violated antidiscrimination laws by allowing transgender athletes ...ABC News - 2h -
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 - 2h -
Trump has added a political risk premium to US assets
Parking money in America is no longer the routine, fuss-free, neutral optionFinancial Times - 2h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest on tariffs and executive ordersFinancial Times - 2h -
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 - 1h -
$2,150 for an iPhone? Trump tariffs are ‘category 5 price storm’
US is not set up to supply mobile phones and would cost estimated $30bn to move just 10% of chain from China. The AI-generated video of tired-looking Americans making mobile phones, which ...The Guardian - 37m -
Democrats are taking the wrong lessons from Trump’s tariff chaos
Going back to the 1990s is not going to fix what is broken globallyFinancial Times - 1h -
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 - 15h -
China raises tariffs on US goods from 84% to 125%, finance ministry says – business live
China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs . US stocks fall again after rally following Trump’s shock retreat on tariffs Life in Shanghai, ...The Guardian - 5h -
Justice Dept. Disbands Cryptocurrency Enforcement Unit
The Trump administration is dialing back its enforcement of cryptocurrency, and criticizing Biden-era prosecutions.The New York Times - 2d -
Tariff Uncertainty Is Freezing M&A and Dealmaking. It May Not Thaw for a While
Trump may have paused ‘reciprocal’ tariffs on most countries for now, but continued uncertainty has been freezing mergers and acquisitions.Inc. - 1d -
CNBC and Fox Business See Viewership Soar Amid Market Chaos
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy.The New York Times - 1d -
Market Madness, Manufacturing, and the Liberation Day of It All
Donald Trump’s tariff announcements are roiling the markets. On this week’s special episode of Uncanny Valley, we break it all down.Wired - 1d -
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.The New York Times - 1d -
4/9: CBS Evening News
Stock market sees historic rally after Trump pauses reciprocal tariffs; Uber's most interesting lost and found itemsCBS News - 1d -
U.S. dollar index suffers biggest drop since 2022, hits new low for the year
The dollar has fallen since President Donald Trump announced new tariffs last week.CNBC - 18h -
Apr 10: CBS News 24/7, 1pm ET
President Trump holds a Cabinet meeting at the White House; House lawmakers approve key budget resolution.CBS News - 16h -
Tensions arise over Speaker Mike Johnson's efforts to bring Rep. Elise Stefanik back into the fold
After Trump pulled Stefanik’s nomination to be U.S. ambassador to the U.N., Johnson faces a conundrum on how to place her on a key committee.NBC News - 14h -
Inflation rate rose by 2.4% last month, showing cooling prices
Inflation cooled in March, but economists expect prices to reaccelerate as some of President Trump's tariffs kick in.CBS News - 14h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 13h -
Dollar slumps to three-year low as Treasury yields soar
Analysts point to crisis of confidence in US currency amid chaotic rollout of Trump tariffsFinancial Times - 14h -
The Papers: 'Further market turmoil' and 'Harry's secret visit'
The Duke of Sussex's trip to Ukraine and further reaction to Donald Trump's tariffs feature on Friday's front pages.BBC News - 10h -
US consumers warned of higher prices from tariffs within weeks
Analysts estimate Donald Trump’s levies could cost the average household $4,700 a yearFinancial Times - 10h -
What’s Wrong With Apple?
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 5h -
Shein gains approval from UK regulators for London float
FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffsFinancial Times - 6h -
Senate Confirms Dan Caine as Chairman of Joint Chiefs of Staff
Lt. Gen. Dan Caine will serve as the senior military adviser to President Trump and Defense Secretary Pete Hegseth.The New York Times - 6h -
Relief at a Trade Hub on the Southern Border, but No End to Its Unease
In an industrial district in Texas and New Mexico, companies welcomed President Trump’s tariff exemptions for Mexico, but concern and confusion linger.The New York Times - 5h -
Labour’s trade and tariff balancing act
Plus, UK tries to negotiate Trump’s minimum rate and broader US economic deal but none of this looks easyFinancial Times - 6h -
‘This is not in my tolerance level’: I inherited a $600K portfolio from my father. Should I move it all into bonds?
Stocks soared on Wednesday after Trump announced a 90-day pause on country-specific “reciprocal” tariffs.MarketWatch - 5h -
Danish shoppers boycott U.S. products as Greenland — and trade — tensions escalate
Incensed by President Donald Trump's posturing over Greenland and sweeping trade tariffs, Danish shoppers are turning their backs on American products.CNBC - 2h -
Supreme Court rules U.S. must facilitate return of Kilmar Abrego Garcia from El Salvador
The Trump administration argues that Kilmar Abrego Garcia is a member of the notorious MS-13 gang. The El Salvador native denies that claim.CNBC - 2h -
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.CNBC - 1h -
Supreme Court ruling on Kilmar Abrego Garcia and helicopter crash in Hudson River: Morning Rundown
In today's newsletter: The Supreme Court tells the Trump administration to "facilitate" the release of a man wrongly deported to El Salvador.NBC News - 3h -
China increases retaliatory tariffs on US imports to 125%
Beijing accuses Trump of violating ‘basic economic laws and common sense’ as it announces tit-for-tat rise in dutiesFinancial Times - 1h -
Retreat or negotiating strategy? Trump steps back from all-out trade war
The US is now making nice – or at least nicer - with nations that had faced their retaliatory trade fire, writes Anthony Zurcher.BBC News - 1d -
Trump is pushing the world towards recession. By learning the lessons of 2008, we can still prevent it | Gordon Brown
As I discovered then, global problems need international responses. By working together, we can protect jobs and living standards. This is the first in a two part series on the global response to ...The Guardian - 1d -
Whatever Donald Trump does next, this chaos will soon be shaping ordinary lives for the worse | Gaby Hinsliff
There is now little prospect of the growth Labour promised. With Reform nipping at his heels, Starmer must offer protection to the British people. If it’s brown, lie down. If it’s black, fight ...The Guardian - 21h