Latest in Recession Trump Tariffs
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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 - 18h -
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 - 1d -
Apr 7: CBS News 24/7, 1pm ET
President Trump says he will impose new tariffs on China if Xi Jinping does not withdraw retaliatory tariffs; Stocks tumble as global markets feel the impact of Trump tariffs.CBS News - 1h -
3/4: CBS Morning News
President Trump to address Congress tonight; The potential economic impacts of Trump's tariffs on Canada, China and Mexico.CBS News - 9h -
4/7: America Decides
President Trump says he’s not looking at pausing tariffs; Senator Bernie Sanders discusses taking on the Trump administrationCBS News - 24m -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 3d -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 3d -
What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.The New York Times - 3d -
Nintendo Delays Switch 2 Preorders, Citing Trump’s Tariffs
The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.The New York Times - 3d -
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 - 3d -
How Trump's tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario.CNBC - 2d -
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 - 1d -
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 - 20h -
Trump’s tariff blitz sparks turmoil for green energy sector
Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuelsFinancial Times - 20h -
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 - 18h -
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 - 18h -
Global stocks plummet 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 - 15h -
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 - 14h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest data on imports, exports and trade balancesFinancial Times - 13h -
Trump, Tariffs and Carney: Canada Polls Show Liberals With Early Election Lift
The Liberal Party, which not long ago seemed destined to crash in federal elections under Justin Trudeau, is experiencing a reversal of fortune. Here’s what a close review of polls shows.The New York Times - 11h -
Trump’s Tariffs Hit a Sour Note at Landmark NYC Sweets Emporium
Price hikes to direct imports and packaging drive up costs at a New York Sity magnet for global candy fans.Inc. - 9h -
What Trump's post on possible tariff talks reveals about the market's psyche
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 6h -
Trump tariffs: If you're worried about a bear market, look at this one chart
Zoom out on market history, and even the worst financial calamities look like small bumps in the road.CNBC - 5h -
Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.BBC News - 4h -
Americanswers! Which news stories are being overshadowed by Trump's tariffs?
Measles, mass protests and mega-jailsBBC News - 5h -
Tech stocks whipsaw in volatile trading session as Trump stands by tariffs
Shares of Apple, Microsoft and Tesla moved further down on Monday, but Alphabet, Amazon, Meta and Nvidia started to regain lost ground from last week.CNBC - 4h -
FirstFT: Trump threatens additional 50 per cent tariffs on China
Also in today’s newsletter, a top Honda executive resigns, and Singapore start-up Airwallex seeks UK and US banking licencesFinancial Times - 2h -
How Trump’s TikTok Negotiations Were Upended by China and Tariffs
The future of the popular video app is now at the center of a geopolitical tussle between Washington and Beijing.The New York Times - 25m -
Trump says he is ‘not looking’ at a pause in tariffs to allow trade negotiations
Markets swing as Washington says it will kick off trade talks with JapanFinancial Times - 53m -
Trump threatens extra 50% tariff on China in day of wild market swings
US president sticks with plan to ‘reset’ global trade but sends mixed signals about negotiationsFinancial Times - 1h -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 1d -
Uncertainty Over Tariffs Leads to Wild Swings in Markets
The S&P 500 slipped into bear market territory in early trading but by the end of the day climbed back close to where it opened. President Trump said he would not back off his trade war, ...The New York Times - 58m -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 12h -
How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue | Nils Pratley
While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guesswork. Volatility grips global stock markets as Trump insists on tariff ...The Guardian - 6h -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 1d -
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 - 6h -
‘Wait, Baby, Wait’: Slumping Oil Prices Reflect Economic Worries
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.The New York Times - 3d -
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 -
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 - 15h -
Apr 3: CBS News 24/7, 10am ET
Stocks plunge as markets react to President Trump's tariffs; IRS warns against taking tax tips from social media.CBS News - 7h