Latest in Tariff Pain
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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 -
‘A lot of red:’ Markets fall again following Trump tariff announcement
President Trump is doing little to calm investors as analysts at JPMorgan warn of a global recession. NBC News Correspondents Yamiche Alcindor and Brian Cheung, CNBC Reporter Steve Liesman and ...NBC News - 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 -
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 - 3d -
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s.NBC News - 3d -
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 -
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 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 -
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 -
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 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 - 1d -
EV targets watered down to help tariff-hit UK car industry
New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035Financial Times - 1d -
Trump officials vow to stay the course on tariffs despite market turmoil
Treasury secretary rejects recession fears and says tough ‘reciprocal’ levies will not be delayedFinancial 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 - 1d -
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 - 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 fuelsFinancial Times - 1d -
Goldman Sachs sees US recession if full tariffs go into effect
And it’s almost 50-50 even if they don’tFinancial Times - 1d -
'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 - 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 worseFinancial 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 pandemicFinancial Times - 23h -
Tariffs have shaken the markets - how worried should we be?
Workers are right to fear for their pensions, but the greater worry is the here and now - the economy they live in.BBC News - 1d -
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 balancesFinancial Times - 21h -
Reader callout: Is the tariff turmoil affecting your retirement plans?
FT Money wants to hear from readers worried about the impact on their pension potFinancial Times - 20h -
Global markets plunge for 2nd week, triggered by Trump’s tariffs
After stocks plunged last week, losing nearly $6 trillion in market value, Wall Street is bracing for another bumpy ride triggered by President Donald Trump’s global trade war. JPMorgan now expects ...NBC News - 21h -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 20h -
Companies get creative in finding ways to limit impact of tariffs
Consultants are helping clients lower the customs value of imports to cut the cost of new leviesFinancial 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 -
Democrats demand Senate GOP chair hold hearing on Trump tariff 'chaos'
Sen. Elizabeth Warren (D-Mass.) and other Democrats on the Senate Banking Committee are demanding that the panel’s chair, Sen. Tim Scott (R-S.C.), hold a hearing on President Trump’s authority to ...The Hill - 18h -
UK to relax electric car rules as US tariffs hit
The prime minister says measures will help the car industry but critics claim they are not enough.BBC News - 18h -
Caribbean is friend of US, not an enemy, regional leaders say over Trump’s tariffs
Barbados PM and Caricom chair calls on Washington to engage in talks to ‘keep prices down for all of our people’. The Caribbean is a friend, not an enemy, leaders in the region have told Donald ...The Guardian - 16h -
Dimon: Trump tariffs will boost prices, weigh down economy
JPMorgan Chase CEO Jamie Dimon warned investors that the U.S. economy is facing "considerable turbulence" due to President Trump's escalating trade war, which could slow down growth and lead to a ...The Hill - 17h -
EU set to drop bourbon from retaliatory tariffs list against US
French commissioner Stéphane Séjourné signals Brussels is caving in to pressure from European alcohol industryFinancial Times - 16h -
Andrew Bailey given top financial stability role as tariffs create turmoil
Bank of England governor set to serve three-year term at Financial Stability Board from JulyFinancial Times - 18h -
ECB expected to cut rates in April and June as tariffs threaten recession
Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UKFinancial Times - 16h -
Which Trump-supporting billionaires have lost the most in tariff markets turmoil?
Wealth of world’s richest tycoons shrinks as US president’s trade war spooks investors. Business live – latest updates With global stock markets reeling from Donald Trump’s announcement of ...The Guardian - 18h -
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 -
Musk’s Dissent on Tariffs Sparks Backlash From White House Insiders
Can’t DOGE this: Trump trade adviser Peter Navarro snubs the billionaire’s call for a U.S.-E.U. free trade and immigration zone as the naivete of someone who “sells cars,” and “doesn’t understand” ...Inc. - 15h -
Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an ...The Hill - 13h