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Vance: I thought market reaction to Trump tariffs 'could be worse'
Vice President Vance said he thought the market reaction to President Trump’s tariff plan would have been worse, saying that the White House team is feeling good about the rollout. “We’re feeling ...The Hill - 1d -
Rubio says markets will recover after Trump tariff announcement
Secretary of State Marco Rubio said the global financial markets will bounce back after plunging for a second day, following President Trump’s rollout of a fresh set of tariffs. Rubio said Friday ...The Hill - 1d -
Watch live: Powell speaks on economy after Trump announces reciprocal tariffs
Federal Reserve Chair Jerome Powell is set to give remarks Friday morning on the state of the economy, just days after President Trump announced new tariffs on nearly all foreign imports. Powell's ...The Hill - 1d -
Trump urges Fed to cut rates as tariffs cause stock plunge
President Trump urged the Federal Reserve to cut interest rates and ripped the head of the independent central bank as new tariffs caused stocks to plunge. In a Friday post on his Truth Social ...The Hill - 1d -
Powell warns Trump tariffs, risks are 'significantly larger than expected'
Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump's new tariffs were far larger than anticipated, raising new challenges as the bank ...The Hill - 1d -
Trump spares drugmakers from tariffs; costs could still go up
President Trump spared pharmaceuticals from the opening salvo in his campaign to transform the economy through “reciprocal” tariffs; however, the global drug market may still be hit by ...The Hill - 1d -
GOP senator on market reaction to Trump tariffs: 'What’s happening is not good'
Sen. John Kennedy (R-La.) said Friday the steep drop in markets over President Trump's tariffs is "not good" even as he defended Trump's long-term goal to shore up U.S. production. "The stock ...The Hill - 1d -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 1d -
Dow craters by 2,231 points as Trump tariffs stir stock sell-off
The stock market cratered Friday as concerns about the economic impact of President Trump’s new tariffs shook Wall Street for yet another day. The Dow Jones Industrial Average closed with a loss of ...The Hill - 1d -
JP Morgan predicts 2025 recession as Trump tariffs rattle market
J.P. Morgan is forecasting that the U.S. economy will enter a recession this year as fallout from President Trump's tariffs has taken hold. In a Friday evening note to investors, the company's ...The Hill - 1d -
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.The New York Times - 1d -
Are Trump’s tariffs a negotiating tool? Depends on whom you ask
Businesses, consumers and foreign leaders are trying to assess just how set in stone President Trump’s tariffs are, as the administration and its allies send mixed signals about whether the ...The Hill - 1d -
Ted Cruz warns of midterm ‘bloodbath’ if Trump tariffs cause a recession
Texas senator’s comments another sign of Republican unease over ‘reciprocal tariffs’ and stock market plunge. Ted Cruz , the US senator from Texas, has warned that his fellow Republicans risk a ...The Guardian - 20h -
CNBC’s Liesman: Trump tariffs like steering Titanic ‘toward the iceberg’
CNBC's senior economics reporter Steve Liesman said that President Trump’s new sweeping tariffs are equal to steering the Titanic “toward the iceberg.” “And I guess another way to think about it ...The Hill - 16h -
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 - 14h -
Jaguar and Land Rover carmaker pauses shipments to US over Trump tariffs
The company that makes Jaguar and Land Rover vehicles said on Saturday it would pause shipments to the U.S., as President Trump’s tariffs took effect this past week. Jaguar Land Rover Automotive, ...The Hill - 46m -
Global cost of Trump trade war ‘could reach $1.4tn’; Goldman Sachs cuts UK growth forecast over tariff spillovers – business live
Rolling coverage of the latest economic and financial news, as UK business secretary warns Britain will be hit by ‘Liberation Day’ tariffs. Trump prepares to unveil reciprocal tariffs as markets ...The Guardian - 4d -
The realpolitik of Trump’s tariffs
The president’s trade policy is about power and security, not economicsFinancial Times - 6d -
President Trump’s Tariff Plans
Plus, we cover election results from Wisconsin and Florida.The New York Times - 3d -
More on the meaning of “reciprocal tariffs”
You won’t believe how they came up with the numbersFinancial Times - 3d -
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.The New York Times - 1d -
EU has a ‘strong plan’ to retaliate on Trump tariffs, says von der Leyen
Head of European Commission says bloc would prefer to negotiate but all countermeasures are on the table. Trump’s ‘liberation day’ tariffs: what to expect and will the UK be spared? The ...The Guardian - 4d -
S&P 500 closes higher to start new quarter as traders await Trump's tariff rollout
The S&P 500 climbed on Tuesday in another volatile session as the market awaited clarity from President Donald Trump regarding his tariff policy rollout.NBC News - 4d -
'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
President Trump's 'Liberation Day' tariffs on countries around the world will hit food and consumer businesses particularly hard, say CEOs in the sector.CNBC - 3d -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 3d -
Goods imported from China now face a 54% tariff rate — and possibly higher
Goods imported from China will now face a combined total tariff rate of 54%, Treasury Secretary Scott Bessent said Wednesday.NBC News - 3d -
Trump tariffs anxiety hits peak in global economy as Chinese freight market crashes to two-decade low
President Trump's so-called 'liberation day' will reveal new tariffs on trading partners. Inside the supply chain, importers have been preparing for months.CNBC - 3d -
US tariffs on imported autos start as markets reel from Trump's trade escalation
International markets reeled from President Donald Trump's announcement hours earlier of even more sweeping tariffs set to begin later this week and next.ABC News - 3d -
Stellantis halts production at assembly plants in Canada, Mexico after Trump auto tariffs
Stellantis, a multinational auto manufacturer, told employees Thursday it would temporarily pause production at assembly plants in Canada and Mexico amid the onset of President Trump’s tariffs, ...The Hill - 2d -
Trump tariffs: Mark Cuban says to stock up at Walmart and big box stores—but experts warn not to panic shop
The president announced a minimum 10% tariff on imports from a lengthy list of countries. Here's how financial pros say you should respond.CNBC - 2d -
Take a Look at Trump’s Actual Tariff Math, and You’ll See How Bad It Really Is
What the tariff rates Trump rolled out yesterday made clear is that his goal isn’t, ultimately, to bring down trade barriers.Inc. - 2d -
Nvidia positioned to weather Trump tariffs, chip demand 'off the charts,' says Altimeter's Gerstner
Altimeter Capital CEO Brad Gerstner told CNBC that he remains bullish on Nvidia despite President Trump's tariffs and their effect on the broader economy.CNBC - 2d -
Trump tariffs threaten Apple's supply chain, stock suffers steepest drop in 5 years
Apple has warned that tariffs could hurt its business, prompt it to increase prices and potentially force it to stop offering certain products altogether.CNBC - 2d -
Trump's new tariffs construct a $1 trillion trade wall around the U.S. economy
President Trump's tariffs will equate to a nearly $1 trillion trade wall around the U.S., with huge impacts on every sector and every state in the U.S. economy.CNBC - 2d -
Dow plunges more than 1,600 points as stocks recoil from tariff shock
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.CBS News - 2d -
Faced with Trump's new tariff, French wine producers expect rough times ahead
France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top marketABC News - 2d -
Trump’s trade war targets an island full of penguins, but Russia faces no new tariffs
Aside from climate change and pollution, penguins are now facing one more threat from humanity: President Donald Trump’s tariffs.NBC News - 1d -
Trump tariffs are 'pure madness' and the European Union should not comply, former Italian PM says
U.S. President Donald Trump's so-called 'Liberation Day' trade tariffs are "madness, pure madness", according to former Italian Prime Minister Enrico Letta.CNBC - 1d -
Emerging markets fund posts worst session since March 2020 due to tariff fears
The iShares MSCI Emerging Markets ETF (EEM) headed for its worst session since 2020 on Friday amid rising fears from Trump's tariffs.CNBC - 1d