Recession Trump Tariffs

How the EU could boost its defence capabilities with an arms-buyers’ club

Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffs

Financial Times - 1d

Apr 3: CBS News 24/7, 4pm ET

Michigan auto industry braces for Trump's 25% auto tariffs now in effect; Trump's tariffs draw rebukes from world leaders

CBS News - 10h

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 - 9h

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 - 1d

4/1: CBS Evening News Plus

What to expect in Trump's "Liberation Day" tariff announcement; Reporter's Notebook: Shifting rationale for Trump's "Liberation Day"

CBS News - 2d

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 - 17h

4/3: CBS Evening News Plus

World reacts to Trump's mass tariffs; Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy cost

CBS News - 6h

4/7: America Decides

President Trump says he’s not looking at pausing tariffs; Senator Bernie Sanders discusses taking on the Trump administration

CBS News - 56m

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

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

Stocks shudder again as China strikes back against Trump tariffs

Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.

CBS News - 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 that

Financial Times - 1d

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 fuels

Financial Times - 1d

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 - 1d

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 worse

Financial Times - 1d

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 pandemic

Financial Times - 23h

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 - 22h

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 balances

Financial Times - 21h

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 - 19h

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. - 17h

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 - 14h

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 - 14h

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 - 12h

Americanswers! Which news stories are being overshadowed by Trump's tariffs?

Measles, mass protests and mega-jails

BBC News - 13h

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 - 12h