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China mocks Trump trade war, raises tariffs
It’s Friday! Everyone wave to members of Congress as they leave town for recess! 👋 And now, we exhale. In today's edition: THE FIRST 100 DAYS China called Trump’s tariffs a ‘joke’: President ...The Hill - 29m -
Delta Drops Its 2025 Outlook as Trade War Heats Up
As travel plans vanish amid spiking uncertainty, the most profitable U.S. airline suspended its revenue, earnings, and second-half growth forecasts for the year.Inc. - 2d -
Trump Defends Tariff Strategy Amid Global Trade War and Market Chaos
Amid the doom and gloom in financial markets, President Trump continues to insist he’s got a plan.The New York Times - 1d -
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
The country faces several economic challenges but so far has avoided the worst of the turmoil afflicting targets of President Trump’s anger.The New York Times - 1d -
Trump ignites ‘insider trading’ accusations after global tariffs U-turn
US president posted it was ‘a great time to buy’ on social media just hours before pausing tariff impositions. Business live – latest updates Donald Trump is facing accusations of market ...The Guardian - 1d -
Southeast Asia, With Little Leverage, Seeks to Placate Trump on Trade
Southeast Asian leaders, their export-driven economies in peril, are trying to placate the president. “We may have to comply,” Thailand’s finance minister said.The New York Times - 1d -
Jobless Claims Rise Slightly as Labor Market Shrugs Off Trade War
Despite DOGE layoffs, new unemployment claims were below estimates, reflecting a solid job market, though concerns about a global recession remain high.Inc. - 1d -
The Suns Are a Cautionary N.B.A. Tale. Now They Need to Trade a Superstar.
Moving on from Devin Booker is the only realistic path forward, a columnist for The Athletic writes.The New York Times - 1d -
The Guardian view on the tariff war pause: the Trump trade shambles is not over | Editorial
The US president blinked first, but this is just a time-out. The threat to the global economy remains real.. It was Donald Trump who blinked first. Never forget that. China is unlikely to ...The Guardian - 22h -
Tariffs, trade war inflation impact to be 'pretty ugly' by summer, economists say
Tariffs will take a few months to filter through to consumer prices, economists said.CNBC - 23h -
Will Trump’s tariff chaos be China’s gain in global trade wars?
As China retaliates against tariffs, it is also making strategic manoeuvres on EU and Asia to maximise opportunities. On the basis of Napoleon’s dictum “never interrupt your enemy while they are ...The Guardian - 22h -
Freight orders surge on Trump tariffs trade whipsaw: 'The ships are filling up'
President Trump's decision to offer a 90-day tariffs reprieve hasn't changed uncertainty inside the global supply chain, but it has led to an order surge.CNBC - 22h -
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. - 23h -
Trump’s Trade War With China Is Now Hurting Hollywood—and US Soft Power
On Thursday, Chinese officials retaliated against President Donald Trump’s tariffs by imposing new restrictions on US movies. That’s a big blow to America’s cultural cachet in the nation.Wired - 1d -
China to reduce the number of Hollywood films allowed amid trade war
China's film arm said Thursday it would "moderately reduce the number of American films imported" into the country. The country was once a vital market for U.S. blockbusters.Los Angeles Times - 20h -
Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.The New York Times - 19h -
India rebuffs China’s BYD as Trump trade war creates openings
Also in this newsletter, ecommerce companies head to small towns and RBI cuts the repo rateFinancial Times - 15h -
How chaotic markets could help Trump balance trade
Mayhem threatens to erode the appeal of US investments — which could, perversely, help Trump get what he wants.Financial Times - 12h -
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 - 7h -
Trump’s Claims About Global Trade and Tariffs: Fact Check
Across his political career, Donald J. Trump has made his case for tariffs by relying on a number of false and misleading claims. Here’s a guide.The New York Times - 7h -
Markets slide further amid fears of escalating US-China trade war
European markets slip into red after China ups ante by increasing retaliatory tariffs on US goods to 125%. China raises tariffs on US goods to 125% Business live – latest updates Stock ...The Guardian - 6h -
Ask Shrimsley: How can I learn from Trump’s trade war?
Neighbours have been taking advantage of my generous nature for far too long: it’s time for tariffsFinancial Times - 6h -
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 - 4h -
China strikes back with 125% tariffs on U.S. goods as trade war intensifies
Trump administration confirmed to CNBC on Thursday that the U.S. tariff rate on Chinese imports now effectively totals 145%.CNBC - 4h -
Morgan Stanley profits jump as volatility powers equities trading
US bank benefits from choppy markets in early months of Trump administrationFinancial Times - 5h -
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 - 3h -
Stocks wobble as new Chinese tariffs on US goods intensify trade war
China raised U.S. tariffs to 125%, but said it will not increase levies further.ABC News - 1h -
What Some Chinese Exporters Say About Trump’s Trade War
At the world’s largest wholesale market, in Yiwu, on China’s east coast, business owners aren’t getting orders from the U.S., and many don’t understand the purpose of the current 145 percent tariffs.Inc. - 51m -
Scott Bessent, the Treasury secretary shaping Trump’s trade war
The former hedge fund manager is being asked to lead negotiations with foreign governments amid America’s self-inflicted hitFinancial Times - 35m -
Roller-coaster week for global bonds continues as 'Trump put' sparks reversals
"There's a sense of relief that trade deals with the U.S. are firmly on the table," economists say.CNBC - 1d -
‘I’m just being practical’: I’m cashing out and selling all my worldly belongings. Is that wise?
“I’m not panicking over the turmoil on Wall Street or Trump’s trade war.”MarketWatch - 9h -
Consumer attitudes worsen amid Trump's tariff escalation: Survey
Trump's tariffs have triggered market turmoil and a trade war with China.ABC News - 1h -
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliationFinancial Times - 20h -
2025 WNBA Draft: Sky GM says Ariel Atkins trade had nothing to do with this year's class
A number of general managers spoke to the media Thursday in a pre-draft conference callCBS Sports - 16h -
Fox Sports still trying to make 49ers trade away $120 million All-Pro despite cost
The Brandon Aiyuk rumor mill isn't going anywhere despite the cost to the San Francisco 49ers.Yahoo Sports - 12h -
Why von der Leyen expects Trump’s tariffs to help the EU strike trade deals
Also in this newsletter: Italy’s latest attempt to send migrants to AlbaniaFinancial Times - 11h -
Apple is left without a life raft as Trump’s China trade war intensifies, analysts warn
Apple remains stranded without a life raft, experts say, as tariffs on China reach a cumulative 145%.CNBC - 9h -
Yahoo Sports AM: Should Jokić demand a trade? He has every right to want out of Denver
In today's edition: Mind-boggling Jokić stat, Round 1 in photos, NFL big board, WNBA mock draft, statistical oddity, and more.Yahoo Sports - 5h