Latest in Tariffs Live Updates
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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 - 2d -
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 - 1d -
How Trump's tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario.CNBC - 1d -
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 - 18h -
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 - 15h -
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 - 14h -
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 - 8h -
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 - 7h -
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 - 8h -
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 - 7h -
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 - 3h -
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 - 1h -
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 - 9m -
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 - 3m -
Stocks in Asia Fall Sharply, Extending a Rout Caused by Trump’s Tariffs
Futures on the S&P 500, which allow investors to trade the index before regular trading begins on Monday, added to last week’s sell-off.The New York Times - 1h -
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 - 1h -
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 - 57m -
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 - 51m -
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 -
4/3: CBS Evening News Plus
World reacts to Trump's mass tariffs; Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy costCBS News - 2d -
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 -
3/31: CBS Evening News Plus
What to expect in Trump's tariff announcement; Reporter's Notebook: Telling the whole truth about America's historyCBS News - 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 -
4/1: CBS Evening News Plus
What to expect in Trump's "Liberation Day" tariff announcement; Reporter's Notebook: Shifting rationale for Trump's "Liberation Day"CBS News - 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 -
4/3: CBS Evening News
Markets nosedive as fallout from Trump tariff announcement begins; Woman helps bring first hospital in 150 years to majority-Black Louisville neighborhoodCBS News - 2d -
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 -
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.The New York Times - 2h -
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”The New York Times - 2d -
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