Latest in Tariffs Raising
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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 - 15h -
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 - 13h -
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 - 12h -
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 - 11h -
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 - 4h -
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 - 4h -
Asian stocks slide, U.S. futures retreat as tariff fallout continues
Tokyo's Nikkei 225 index tumbled nearly 8% and other Asian markets slid, while U.S. stock futures point to renewed selloff.CBS News - 21m -
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 - 12m -
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 - 48m -
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 -
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 -
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 -
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 -
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 - 18h -
FirstFT: China investigates son of former vice-premier Liu He
Also in today’s newsletter, Trump officials vow to stay the course on tariffs, and Le Pen rages against political ‘witch-hunt’Financial Times - 4h -
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 - 1h -
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 - 1h -
U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
The gain was stronger than expected, though the impact of President Trump’s tariffs and other policies on the labor market has yet to play out.The New York Times - 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 -
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 - 5h -
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 - 16h -
Trump tariffs live updates: Trump addresses stock market losses, China trade deficit
Trump's universal 10% levy against all countries went into effect early Saturday.ABC News - 40m -
Markets plunge as trade war escalates
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today ...NBC News - 2d -
Argentina's Milei doubles down on Trump bromance as the world reels from trade shock
While the world’s leaders were wringing their hands over President Donald Trump’s announcement of sweeping tariffs on U.S. imports, Argentina’s right-wing president was ebullient, feted at Trump’s ...ABC News - 1d -
Apr 2: CBS News 24/7, 1pm ET
President Trump set to unveil expansive global tariffs from White House Rose Garden; Real ID deadline approaches as millions of Americans still lack key identification card.CBS News - 6h -
4/6: Face the Nation
This week on "Face the Nation with Margaret Brennan," Commerce Secretary Howard Lutnick and Sen. John Barrasso discusses the new tariffs announced by President Trump. Rep. Don Bacon and Sen. Maria ...CBS News - 4h -
Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
U.S. stock futures dropped sharply on Sunday evening as markets continued to signal a sell-off in the wake of President Trump’s massive reciprocal tariffs on trading partners. Dow Jones Industrial ...The Hill - 3h -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 3h