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In U.S.- China Tariffs Standoff, Trump Showed Xi He Has Limits
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.The New York Times - 3d -
As Tariffs Hit, Americans Are Racing to Buy Car Seats, iPhones and Christmas Gifts
Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.The New York Times - 3d -
Democrats rail against Apple after Trump unveils electronic tariff exemption
Democrats slammed the Trump administration for allegedly favoring sector-specific companies by giving them the ability to bypass the fallout from new trade policy with a Saturday exemption of ...The Hill - 3d -
Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics
A long list of electronic products got a reprieve for now from at least some of the levies on China, which had been expected to take a toll on tech giants like Apple.The New York Times - 2d -
Trump exempts smartphones from ‘reciprocal’ tariffs after market rout
Dispensation is first sign of softening of levies against China and provides a big boost for AppleFinancial Times - 2d -
Sports sector can cope with Trump tariffs, says AC Milan owner
Redbird founder Gerry Cardinale predicts clubs and leagues will prove ‘resilient’ even if consumer spending fallsFinancial Times - 2d -
‘Stuff should be made here’: Ohio shrugs off Trump tariff turmoil
Company owners say the president’s measures will result in more manufacturing in the USFinancial Times - 2d -
How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.The New York Times - 2d -
Xi Jinping Travels to Southeast Asia Amid Tariff War with U.S.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.The New York Times - 2d -
Terrible timing and huge uncertainty: how ports and shipping are handling tariff turmoil
As they reel from Trump’s policies, companies say volatile freight costs and congestion are now the norm . The container ship was halfway across the Atlantic when Donald Trump, during his first ...The Guardian - 2d -
There’s ‘enough smoke’ for Congress to investigate possible insider trading on tariffs, Booker says
Sen. Cory Booker (D-N.J.) tells Meet the Press that Congress should look into whether insider trading took place after President Trump told supporters to buy stock before announcing a change of ...NBC News - 2d -
UK suspends import tariffs to ease strain for British businesses
Levies cut on 89 products to support domestic companies against Trump’s trade warFinancial Times - 2d -
US stock markets expected to recover after Trump drops tariffs on mobiles
Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia. US stock markets were expected to stage a recovery on Monday after Donald Trump ...The Guardian - 2d -
Trump Signals New Tariffs on Chips, Calling Exclusions Temporary
On Friday, the administration carved out an exception for a variety of electronics from the steep taxes now applied to Chinese imports.The New York Times - 1d -
Trump warns exemptions on smartphones, electronics will be short-lived, promises future tariffs
The US president has said no one is ‘getting off the hook’, as he promises to launch a national security investigation into the semiconductor sector. The exemption of smartphones, laptops and ...The Guardian - 1d -
FirstFT: Global markets rise after Trump’s temporary tariff exemption for smartphones
Also in today’s newsletter, Meta and FTC in antitrust trial and Theresa May’s Lunch with the FTFinancial Times - 1d -
China says ‘sky won’t fall’ as exports surge ahead of Trump’s tariffs
Rush of shipments preceded escalation of trade war between world’s two biggest economiesFinancial Times - 1d -
Global stocks lifted by US reprieve for Trump’s tech tariffs
President suggests need for ‘flexibility’ but insists smartphone carve-out is temporaryFinancial Times - 1d -
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
PS5 digital price in UK would rise to £430 and €500 in Europe as Japanese games developer cites ‘challenging economic environment’. Sony has increased the price of its PlayStation 5 by 25% as the ...The Guardian - 1d -
‘Bad Business’: Corporate Gloom Rises Over Trump’s Tariffs
Global markets are bouncing back, but a new survey of company chiefs finds that they’re on edge and are looking to cut back on investment.The New York Times - 1d -
Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison
The central banker embraced a term that got the central bank in trouble during the last bout of inflation.CNBC - 1d -
Trump Moves to Put New Tariffs on Computer Chips and Drugs
Citing a national security statute, the administration has begun a process to investigate the impact of imported semiconductors and pharmaceuticals.The New York Times - 1d -
U.S. announces probe into chip, electronics imports, paving the way for new tariffs
The U.S. Commerce Department is conducting an investigation into imports of various semiconductor technologies and electronics, a federal notice shows.CNBC - 16h -
Growth in oil demand expected to slow sharply as a result of US tariffs
International Energy Agency says situation is ‘fluid and substantial risks remain’Financial Times - 10h -
'This is so hard': The Chinese small businesses brought to a standstill by Trump's tariffs
Stock is piling up in warehouses as exporters grapple with new levies that total up to 145%, reports the BBC's China correspondent Laura Bicker.BBC News - 6h -
Potential Tariff Pause for Auto Supply Chains Triggers More Economic Whiplash
The president said carmakers “need a little bit of time” to alter their operations to focus on domestic manufacturing for parts and vehicle assembly.Inc. - 6h -
Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain
Even if gadget prices surge, we have plenty of cheaper options, like buying last year’s phone model instead of the latest and greatest.The New York Times - 7h -
Trump’s Tariff Threat for Drug imports Poses Big Political Risks
Levies on Americans’ daily prescriptions and other medicines could raise costs, spur rationing and lead to shortages of critical drugs.The New York Times - 9h -
Johnson and Johnson warns pharma tariffs could cause drug shortages
Medical devices like J&J’s surgical robots have already been hit by the new US chargesFinancial Times - 6h -
Albertsons warns of competition from larger retailers but downplays tariff impact
Albertsons Cos.’ stock slid on Tuesday after the grocery chain’s outlook lagged Wall Street’s expectations and the company warned of competition from bigger rivals, as retailers battle for shoppers ...MarketWatch - 5h -
‘A new golden age’: how rightwing media stuck by Trump as global markets collapsed
Trump’s tariffs were sometimes played down, sometimes cheered but rarely seriously questioned by the right. While Donald Trump recently instituted and paused hefty tariffs, sparking a trade war ...The Guardian - 3d -
Apr 9: CBS News 24/7, 1pm ET
President Trump welcomes global leaders to the White House for negotiations over reciprocal tariffs; The White House pauses tariffs on most nations for 90 days but raises taxes on Chinese imports.CBS News - 2d -
Apr 9: CBS News 24/7, 4pm ET
Trump increases tariffs on China to 125% while pausing tariffs beyond 10% for other countries; '60 Minutes' finds 75% of migrants deported to El Salvador prison had no criminal record.CBS News - 2d -
Face the Nation: Salvanto, Khanna, Marks
Missed the second half of the show? The latest on...As the tariff standoff continues, a CBS News poll conducted from April 8-11 found that 75% of Americans are concerned tariffs will raise prices, ...CBS News - 1d -
4/9: CBS Evening News
Stock market sees historic rally after Trump pauses reciprocal tariffs; Uber's most interesting lost and found itemsCBS News - 5d -
Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 5d -
Relief at a Trade Hub on the Southern Border, but No End to Its Unease
In an industrial district in Texas and New Mexico, companies welcomed President Trump’s tariff exemptions for Mexico, but concern and confusion linger.The New York Times - 4d -
Markets Worry About Finding an Exit From Trump’s Trade Fight
Investors are concerned about the continued escalation of the U.S.-China tariff battle — and the state of the president’s negotiating leverage.The New York Times - 4d -
BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now
The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from the Trump administration.CNBC - 4d -
China’s exporters defy US ‘paper tiger’ as Beijing invokes Mao
Stoic defiance in ‘trinket town’ echoes Beijing’s insistence that nation can prevail against Donald Trump’s tariff blitzFinancial Times - 3d