Latest in Tariff Reversal
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Senators call for probe into possible insider trading over Trump tariff reversal
Two Democrats are seeking answers from the White House about whether Trump administration officials engaged in insider trading amid the tariff rollbacks.ABC News - 2d -
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
The president told his social media followers it was a “GREAT TIME TO BUY” hours before announcing a reversal on tariffs that sent markets soaring.The New York Times - 1d -
FDA reverses course on telework after layoffs and resignations threaten basic operations
The Food and Drug Administration is reversing course on its requirement for all staffers to report to the officeABC News - 2d -
She Worked in a Harvard Lab to Reverse Aging, Until ICE Jailed Her
President Trump’s immigration crackdown ensnared Kseniia Petrova, a scientist who fled Russia after protesting its invasion of Ukraine. She fears arrest if she is deported there.The New York Times - 1d -
How the G.O.P. Fell in Love With Putin’s Russia
What explains the Trump administration’s radical reversal toward Moscow?The New York Times - 20h -
EU Countries Go on Tariff Defense
The uncertainty of higher tariffs has spurred Germany, Italy, Portugal and Spain to announce financial lifelines for businesses and workers. More countries are expected to follow.The New York Times - 1d -
Trump is on a Path to Failure
The fact that Trump survived bad trajectories before doesn’t mean that this one is destined to reverse.The New York Times - 5h -
Trump’s Tariff Pause Is Less Than Meets the Eye
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.The New York Times - 13h -
US Tariffs Could Make Smartphones Dumber
Donald Trump’s tariffs are likely to make tech manufacturers more risk averse—which could stymie innovation in favor of keeping costs down.Wired - 1d -
Trump’s Tariff Fight With China Poses New Threat to US Farmers
Soybean producers warn that farms could go under as the Trump administration hits China with new tariffs of 145 percent.The New York Times - 2d -
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
The legal organization behind a lawsuit challenging President Trump’s tariffs is funded by groups linked to Charles Koch and Leonard A. Leo.The New York Times - 1d -
How Are Businesses Dealing With Imports Made Too Expensive by Tariffs? By Rejecting Them
Supply chain nightmare: cash-strapped businesses start rejecting imports over tariff surcharges.Inc. - 1d -
What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.The New York Times - 1d -
Trump Tariffs Add to Apple’s Long-Standing Innovation Woes
Even before the threat of President Trump’s tariffs, there were questions about the company’s inability to make good on new ideas.The New York Times - 1d -
Apple, Nvidia score major wins with tariff exemptions on iPhones and other tech
Smartphones, laptops and equipment for chipmaking are among items exempt from China tariffs under new guidance from the government.MarketWatch - 13h -
Why Iran’s Supreme Leader Came Around to Nuclear Talks With Trump
Top Iranian officials pressed the country’s leader to reverse his position, arguing that the risk of war with the United States and the worsening economic crisis could topple the regime.The New York Times - 1d -
Appeals Court Scales Back Freeze on Firing Consumer Bureau Employees
The order reversed some parts of an injunction a federal judge said was needed to prevent the Consumer Financial Protection Bureau from being illegally dismantled.The New York Times - 1d -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 2d -
Mortgage rates surge over 7% as tariffs hit bond market
Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.CNBC - 1d -
Louisiana shrimpers hope for jumbo benefits from Trump tariffs
NBC News Correspondent Marissa Parra reports from Venice, Louisiana, on how President Trump’s tariffs could impact the livelihood of American shrimpers.NBC News - 1d -
Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his new tariffs, new guidance from U.S.NBC News - 15h -
Trump tariffs on China will soon bring 'irreversible' damage to many American businesses
Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible' damage from the trade war.CNBC - 12h -
In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump’s Tariffs
The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.The New York Times - 9h -
Watch: Trump trade rep, congressman have fiery exchange over tariff pause
As President Trump announced a pause to his tariffs, his trade representative, Jamieson Greer, was in the middle of testifying at a House hearingCBS News - 2d -
Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries
A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.The New York Times - 2d -
How Tariffs Could Cause Car Insurance Costs to Rise
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent. Here are some tips on how to try to keep costs down.The New York Times - 1d -
Trump exempts smartphones, computers from most tariffs, a relief for corporate giants
President Trump retreated a bit in his trade war with China on Friday, exempting smartphones, computers and other electronics from the hefty tariffs. The move is a relief for companies like Apple ...CBS News - 4h -
White House unveils new exemptions on some Trump tariffs
The White House has revealed new exemptions for some of President Trump's tariffs, specifically for electronics like smartphones and computers assembled in China. NBC News' Maggie Vespa has more.NBC News - 5h -
Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid
Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.The New York Times - 1d -
Customs 'glitch' impacting Trump tariffs fixed after lasting for more than 10 hours
A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.CNBC - 1d -
How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs
Here is what’s at stake as a lesser-known “basis trade” came undone this week, just before President Trump’s mini-pivot on tariffs.MarketWatch - 10h -
Trump's Tariffs... Chaos or a cunning plan?
People were getting ‘yippy’ according to the president…BBC News - 2d -
Bond Market is Upended by Trump’s Tariffs
In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.The New York Times - 1d -
Tariff News Is Scant Relief for Restaurants
Confusion and uncertainty hang over an industry with thin profit margins and few domestic sources for foreign ingredients.The New York Times - 1d -
Karl Rove urges Trump to avoid tariff ‘happy talk’ amid economic uncertainty
Longtime Republican operative and Fox News contributor Karl Role urged President Trump and his administration to avoid “happy talk” around tariffs amid the uncertainty around the country’s ...The Hill - 11h -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 10h -
‘There’s no bad time to buy a house, only a bad time to sell one’: Will Trump’s trade war lead to a reduction in house prices?
Will Trump’s tariffs push the U.S. into a recession?MarketWatch - 12h -
Sunday shows preview: Trump tariff whiplash persists; Budget woes stress GOP divisions
The whiplash from President Trump’s fresh tariff agenda has persisted into the weekend as the president's approval rating takes a dip and Republicans on Capitol Hill work to carry out his domestic ...The Hill - 7h -
57-year-old bridal store owner cuts own salary to handle Trump's China tariffs: 'I see a retail meteor heading towards' the U.S.
Penny Bowers-Schebal, owner of wedding dress shop Formality Bridal, says she cut her salary and must likely raise prices due to the President's tariffs on China.CNBC - 16h