Latest in Sink Tariffs
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Asian stock markets plunge, U.S. futures tumble as tariff turmoil continues
Tokyo's Nikkei 225 index fell nearly 8% in early trading and other Asian markets slid, while U.S. stock futures point to a renewed selloff.CBS News - 14m -
Global stocks tumble as Trump offers no respite from tariffs
Asian shares fall in wake of worst week for Wall Street equities since pandemicFinancial Times - 1h -
Retaliation or restraint: how should Keir Starmer react to US tariffs?
Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwinds. Keir Starmer has said he wants to shelter Britain from the storm of Donald Trump’s ...The Guardian - 55m -
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 - 1h -
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 - 1h -
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 - 2d -
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 -
‘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 - 2d -
The Fed Isn’t Rushing to Save the Markets This Time
With stocks in a steep decline and tariffs inducing recession jitters, the patience of investors may be tested.The New York Times - 1d -
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 - 1d -
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 - 1d -
British Carmaker Jaguar Land Rover Pauses Shipments to U.S.
The luxury automaker, which faces 25 percent import tariffs, said it was halting shipments in April as it addresses the new trading terms.The New York Times - 22h -
4/2: CBS Evening News Plus
These countries are getting slapped with reciprocal tariffs from the U.S.; Reporter's Notebook: How a government contract became a political weaponCBS News - 5h -
Rules on UK car firms relaxed ahead of 2030 petrol vehicles ban
The prime minister says the measures are designed to aid the UK motor industry, which has been hit by Trump's tariffs.BBC News - 5h -
U.S. Farmers Brace for Losses in New Trade War With China
China is the third-biggest buyer of U.S. agricultural products. Now that it has punched back with tariffs on American goods, farmers can expect to feel the pain.The New York Times - 2d -
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading towards a self-inflicted "economic nuclear winter" as a result of the President Donald Trump's tariff policy rollout.CNBC - 2h -
Jaguar Land Rover to enact shipment pause to US in April as it develops post-tariff plans
The British maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as it works to mitigate the impact of a 25% tax on vehicle imports imposed by the Trump AdministrationABC News - 1d -
British carmaker Jaguar Land Rover pauses U.S. shipments over Trump tariffs
Jaguar Land Rover, which is one of Britain's biggest carmakers, described the U.S. as "an important market" for the firm's luxury brands.CNBC - 19h -
Trump tariffs risk large euro-area ‘demand shock’, central banker warns
Greece’s Yannis Stournaras says looming trade war will drag down both growth and inflationFinancial Times - 1h -
Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.CNBC - 37m -
Trump tariffs live updates: Trump addresses stock market losses, China trade deficit
Trump's universal 10% levy against all countries went into effect early Saturday.ABC News - 3h -
Markets plunge as trade war escalates
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today ...NBC News - 2d -
Argentina's Milei doubles down on Trump bromance as the world reels from trade shock
While the world’s leaders were wringing their hands over President Donald Trump’s announcement of sweeping tariffs on U.S. imports, Argentina’s right-wing president was ebullient, feted at Trump’s ...ABC News - 1d -
Apr 2: CBS News 24/7, 1pm ET
President Trump set to unveil expansive global tariffs from White House Rose Garden; Real ID deadline approaches as millions of Americans still lack key identification card.CBS News - 10h -
4/6: Face the Nation
This week on "Face the Nation with Margaret Brennan," Commerce Secretary Howard Lutnick and Sen. John Barrasso discusses the new tariffs announced by President Trump. Rep. Don Bacon and Sen. Maria ...CBS News - 8h -
Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones Industrial ...The Hill - 7h -
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 - 6h -
Stocks fall in Asia ahead of US openings
Stocks have fallen in Asia and Australia amid economic turmoil stemming from President Trump’s sweeping tariffs. At 9:26 p.m. Eastern time Sunday, Japan’s Nikkei 225 was down close to 1,990 points, ...The Hill - 3h