Latest in Tariffs Trade Fight
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Autos, pharma, luxury and more: The global sectors soaring after Trump's tariffs walkback
Trump has reversed course on U.S. trade policies, dropping his country-specific tariffs down to a universal 10% rate for all trade partners — except China.CNBC - 12h -
Wall Street dives as hopes wane for tariff delays; US says it will implement 104% tariff on China – business live
US stock market closes with stocks down after volatile trading day as investor hopes for concessions and delays on tariffs waxed then waned. How ‘liberation day’ rout compares with other ...The Guardian - 2d -
4/1: America Decides
Trump tariff fears mount; A discussion with the authors of "Fight: Inside The Wildest Battle For The White House"CBS News - 1d -
Trump says 'Be cool' as trade war escalates
President Trump sought to project calm Wednesday as the fallout from his aggressive tariffs on dozens of countries escalated and sparked retaliation. "BE COOL! Everything is going to work out well. ...The Hill - 1d -
Powell’s tariff dilemma: defend the economy or contain inflation
Donald Trump’s trade war has put the Federal Reserve in an awkward spotFinancial Times - 2d -
How Trump’s executive order complicates reciprocal tariff negotiations
The executive order focuses on trade deficits, not trade policies, and has an escalation mechanism that can’t tell the difference.The Hill - 2d -
Republicans Ted Cruz, Rand Paul speak out on risks of Trump tariff policy
As fallout continues from Trump's severe tariff policy on virtually all U.S. trading partners, some GOP senators are warning about the risks for American families.ABC News - 3d -
Musk and top Trump adviser feud over tariffs: 'Dumber than a sack of bricks'
Musk takes another shot at Peter Navarro over tariffs, calling Trump's top adviser on trade and manufacturing a "moron" and "dumber than a sack of bricks."ABC News - 1d -
China Raises Retaliatory Tariffs on U.S. Goods to 84% After Trump’s Latest Levies
Beijing announced a new round of 50 percent tariffs in response to President Trump’s latest levies as the trade conflict between the superpowers escalates.The New York Times - 1d -
JPMorgan chief Dimon warns trade war risks recession and higher prices
Donald Trump’s tariffs could cause long-lasting damage to US alliances, Wall Street banker tells shareholdersFinancial Times - 3d -
How far will Donald Trump take his trade war?
Also in today’s newsletter, some of the president’s billionaire allies are breaking ranks to lambast tariffsFinancial Times - 2d -
What would a US-China trade war do to the world economy?
After the US president hit China with tariffs of over 100%, Beijing retaliates with higher taxes on American imports.BBC News - 1d -
Global stocks soar as Trump backs down from trade war
Washington pauses most tariffs against countries that have not retaliated but increases levies on ChinaFinancial Times - 14h -
Trump trade war uncertainty threatens U.S. oil production
President Donald Trump's on again, off again approach to tariffs is creating uncertainty that will make oil firms hesitate on investment decisions.CNBC - 5h -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 6d -
2 Senate Republicans urge Trump to take EU tariff deal
A pair of Senate Republicans on Monday urged President Trump to accept the European Union’s offer of “zero-for-zero tariffs” on cars and industrial goods amid the administration's growing trade ...The Hill - 3d -
Volatility grips global stock markets as Trump insists on tariff ‘medicine’
Wall Street swings in and out of red as turmoil from US president’s assault on world trade enters second week. Trump threatens additional 50% tariffs on China over retaliatory levies Which ...The Guardian - 3d -
EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table . The EU has said it offered the US a “zero-for-zero” tariff deal on cars and ...The Guardian - 2d -
Business leaders speak out about President Trump’s tariffs
Billionaire Trump backer Bill Ackman is among the business leaders who have criticized the president’s trade war. NBC News’ Christine Romans reports Ackman called the tariffs a mistake and urged a ...NBC News - 2d -
Markets open calmer after days of instability in response to Trump tariffs
Global stocks bounced back slightly after plunging for days in response to President Donald Trump's sweeping global tariffs. NBC News' Brian Cheung reports on what could happen next as a trade war ...NBC News - 2d -
White House insists Trump won't budge on 104 percent China tariff
The White House on Tuesday insisted that President Trump won’t back down on his threat to impose a more than 100 percent tariff rate on China, significantly escalating the trade war between the two ...The Hill - 2d -
Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil
Rates on imports to US from dozens of economies rise further, with China hit by 104% tariffs. Business live – latest updates The US and China are heading towards an all-out trade war, after ...The Guardian - 1d -
Trump's sweeping new tariffs in effect, including 104% on China
President Trump's tariffs on imports from dozens of countries kicked in Wednesday, including 104% on goods from China, dramatically ramping up a potential global trade war.CBS News - 1d -
EU hits back at Trump, US with tariffs on US goods
Member states of the European Union (E.U.) have agreed to tariffs on a range of U.S. products in response to President Trump's sweeping new import taxes. EU states voted Wednesday to “introduce ...The Hill - 1d -
Stocks rip higher after Trump scales back tariffs
President Donald Trump’s tariff policy continued having a dizzying effect on global markets Wednesday, causing U.S. government borrowing costs to surge while stocks saw choppy trading as China ...NBC News - 1d -
Watch live: Schumer, Democrats rail against Trump tariff agenda
Senate Minority Leader Chuck Schumer (D-N.Y.) and other top Democrats will make remarks Wednesday afternoon in response sweeping tariffs imposed on global trading partners by the Trump ...The Hill - 1d -
Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.The New York Times - 1d -
Is the US making $2bn a day from tariffs? Trump claims fact-checked
President Trump has made a series of claims about how the US faces "unfair trade" as he justifies his sweeping tariffs on imports from other countries.BBC News - 11h -
With uncertainty over tariffs, should you do holiday shopping now?
With a lot of uncertainty surrounding President Donald Trump’s tariffs and trade war, experts are predicting higher prices on everything from toys to electronics and decorations. NBC’s Brian Cheung ...NBC News - 9h -
EU putting tariff countermeasures on hold for 90 days after Trump pause
The European Union (EU) is putting its retaliatory tariffs on hold for 90 days after President Trump instituted a pause on his sweeping duties for most U.S. trading partners, European Commission ...The Hill - 9h -
Hassett: 'Big inventory' of tariff deals 'close to the finish line'
National Economic Council Director Kevin Hassett said Thursday that U.S. negotiations with foreign trade partners have been successful after President Trump's latest tariffs went into effect. ...The Hill - 7h -
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
Most Republicans welcomed the unexpected three-month pause on several of President Trump’s tariffs, but some want more clarity about the president’s end game and more power for Congress over trade.The New York Times - 6h -
Olivia Munn mocks Trump's tariffs during surprise 'Daily Show' appearance
Olivia Munn is mocking President Trump's tariffs, describing a seemingly endless trade war that she says has "only mostly destroyed" the global economy. The "X-Men: Apocalypse" actor, a former ...The Hill - 2h -
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.The New York Times - 5d -
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 - 6d -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 3d -
American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.The New York Times - 2d -
Rep. Bacon on support for House measure to claw back authority over trade
Rep. Don Bacon said Sunday that he has "beginning support" in the House for forthcoming legislation that would give Congress more authority over tariffs.CBS News - 2d -
Musk Slams Navarro, Trump’s Trade Adviser, Exposing Inner Circle Rift
The feud between two of President Trump’s top advisers is playing out as the administration’s new tariffs have caused huge losses across global financial markets.The New York Times - 1d -
As Trade War Heats Up, Most U.S. Businesses Stick With China Plans
Despite spiking tariffs on imports from China, U.S. companies view the country’s manufacturing advantages and domestic market potential as too valuable to renounce.Inc. - 4h