Latest in Recession Trump Tariffs
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After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up
The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.The New York Times - 1d -
Trump: Trade deficit with China must be resolved before deal on tariffs
President Trump said the trade deficit between the U.S. and China must be resolved before he is willing to negotiate a deal regarding the tariffs he placed on Beijing. “When you look at the trade ...The Hill - 1h -
A charming Nintendo Switch 2 enters the Trump tariff crosshairs
The Nintendo Switch 2 delivers a bigger screen, more processing power and, as a test drive proves, signature Nintendo charms. But how will Trump tariffs affect one of 2025's biggest consumer ...Los Angeles Times - 46m -
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.The New York Times - 4h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 11h -
How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again
After years of managerial turmoil and a failed merger with Honda, Nissan is attempting to right the ship. President Donald Trump's tariffs couldn't have come at a worse time.Wired - 1d -
Op-ed: First test in Trump's tariffs war is underway. Our government is set to fail it
One thing the Trump White House fact sheet on tariffs does not offer is a coherent implementation plan. That's a dangerous foundation for long-term policy.CNBC - 23h -
Trump’s Tariffs: Is Globalisation Over?
Prime Minister Keir Starmer says "the world as we knew it has gone"BBC News - 1d -
FTSE 100 plunges to one-year low amid market turmoil, as Goldman Sachs raises chances of US recession to 45% – business live
Jamie Dimon, Bill Ackman and Elon Musk all express concerns about tariffs, as Goldman slashes its US growth forecasts . Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks ...The Guardian - 14m -
Swiss Indignant to Make the Top 10 of Trump’s Tariffs List
Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff “incomprehensible.”The New York Times - 2d -
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 -
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 - 12h -
Europe Is Ready to Make Its First Countermove to Trump Tariffs
European Union officials will vet and vote on a list of retaliatory tariffs this week, while contemplating what comes next.The New York Times - 3h -
Rubio defends Trump tariffs, says Putin needs to show he ‘wants peace’
Speaking at NATO headquarters in Brussels, Secretary of State Marco Rubio told reporters President Trump’s tariffs will “reset” global trade. Rubio also said Russia needs to show it is serious ...NBC News - 2d -
Trump defends tariffs as markets plunge: 'I don't want anything to go down'
President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.” “When you look at the trade deficit we have with certain countries, with ...The Hill - 13h -
U.S. stock futures sag, overseas markets plunge as tariff turmoil continues
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.CBS News - 1h -
Trump Treats European Allies as a Cash Cow
President Trump has shown a willingness to fracture the trans-Atlantic alliance with his tariffs and demands for higher military spending.The New York Times - 2d -
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 - 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 -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.The New York Times - 1h -
Is the world heading into recession?
The US president has rattled stock markets but that doesn't automatically lead to an economic downturn.BBC News - 1h -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 2d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 2d -
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 - 18h -
'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 - 9h -
Trump tariffs live updates: Trump defends measures as stock market futures slump
Trump's universal 10% levy against all countries went into effect early Saturday.ABC News - 6h -
Communities across the country feel impacts of tariffs
Communities across the country are already feeling the impacts of President Trump's new tariffs. NBC News' local stations and affiliates talk to business owners nationwide about how they are feeling.NBC News - 2d -
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 - 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 -
Live Updates: Wall Street Slumps Further as Trump Defends His Tariffs
The S&P 500 tumbled, nearing a bear market, after more losses in Asia and Europe. President Trump said he would not back off his trade war, reinforcing fears of a global economic downturn.The New York Times - 12m -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 15h -
The dark days after the tariff apocalypse
A short, medium and long-term guide to Donald Trump’s ‘liberation day’ dutiesFinancial Times - 2h -
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading toward a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.CNBC - 57m -
In conservative Alabama, Republicans cheering for Trump - with some quiet concerns
Alabama Republicans cheered President Donald Trump and his agenda at a GOP party the day he imposed tariffs and sent stock markets tumbling worldwideABC News - 1h -
Commerce Secretary Lutnick doesn't back down in face of market sell-off: 'The tariffs are coming'
Commerce Secretary Howard Lutnick said the Trump administration remains committed to implementing its reciprocal tariffs amid a global market sell-off.CNBC - 3h -
Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Ford and Stellantis are offering employee-pricing programs, while Hyundai said it would not raise prices for at least two months to ease consumer concerns.CNBC - 2d -
Why Trump’s tariffs won’t last long
Voter and business sentiment will pile pressure on the president’s agendaFinancial Times - 1d -
EU leaders seek united response to Trump’s tariffs
Plus, Wall Street traders poised to bail out bankers in Q1 results, and London gets a new toll crossingFinancial Times - 20h