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Live Updates: China Raises Tariffs on U.S. to 125% as Tit-For-Tat Trade War Escalates
Beijing’s latest retaliation came after the White House raised its levy on Chinese goods to 125 percent, on top of an existing 20 percent tax. Stocks in Europe were volatile, following losses on ...The New York Times - 9m -
Donald Trump bends to the power of the markets
But trade war with China and tariffs on most US imports still risk great harmFinancial Times - 21h -
What you're still set to pay more for under Trump's tariffs
Some of the stiffest new tariffs are on hold, but experts say shoppers’ bills for White House trade policies are coming due soon.NBC News - 22h -
China to limit number of American films imported from US amid tariff battle
China announced its decision to reduce the number of U.S. films shown in China amid the escalating trade war between the nations.ABC News - 21h -
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.The New York Times - 20h -
The wealthy are loading up on cash, gold and family trusts during market turmoil
Wealthy investors have made the best trade over the past week — largely doing nothing.NBC News - 18h -
Stocks plummet a day after huge gains on tariff pause announcement
Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.CBS News - 14h -
Why Beijing is not backing down on tariffs
Amid a trade war with the US, our China correspondent explains why Beijing doesn't need to change tact.BBC News - 2h -
Trump’s Tariffs Shroud Wall Street’s Earnings Outlook
S&P 500 companies face high uncertainty amid trade war and recession fears.Inc. - 3h -
‘I Hope I Am Wrong, but I Am Pretty Pessimistic’: Four Economists Dissect Trump’s Tariffs
The most dramatic effort to remake the post-World War II trade system was underway — until it wasn’t.The New York Times - 40m -
China says it's raising tariffs on U.S. goods to 125%
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.CBS News - 38m -
Investors are shunning America. This wealth management giant says, actually, U.S. stocks are attractive.
Improving trade news and overly-depressed sentiment leaves the S&P 500 looking attractiveMarketWatch - 1h -
JPMorgan chief Dimon warns of ‘considerable turbulence’ in US economy
Biggest US bank posts 9% rise in quarterly profits as market tumult boosts trading businessFinancial Times - 42m -
Cheaper oil produces first decline in wholesale prices in 17 months. But inflation is far from dead as trade wars heat up.
Producer-price index was tame in MarchMarketWatch - 1h -
Trump tariffs are another nail in the coffin for Hollywood in China
Chinese bloggers report Xi Jinping's government is considering a ban on Hollywood movies. That would drag entertainment companies to the front lines of the trade war.Los Angeles Times - 2d -
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.The New York Times - 1d -
Get Ready to See Tariff Surcharges on Your Receipts
Companies struck by Donald Trump’s trade levies will likely pass the hit along to consumers—and some will want to clearly point the finger at who is to blame.Wired - 1d -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 6h -
China raises retaliatory levies on U.S. goods to 125% as dollar sinks
Beijing signaled that this is likely to be its last increase as tariffs reach levels that make trade between the world’s two biggest economies unfeasible.NBC News - 6h -
Thursday’s stock-market downturn was ‘no big deal,’ says Navarro
After the highest rise in stock market history, investors should expect “a little pullback,” said President Trump’s senior counselor for trade and manufacturing, Peter Navarro.MarketWatch - 5h -
Morning Report — Amid tariff uncertainty, Trump notches a domestic win
In today’s issue: Global tumult intensified Thursday over President Trump’s tariffs and the possibility of deepening trade wars and a recession, but the president got an early win in the battle ...The Hill - 4h -
What experts are predicting for Bears in latest 2025 NFL mock drafts
In our latest 2025 NFL mock draft roundup, experts believe the Bears will make moves to improve the roster, including trading up from No. 10.Yahoo Sports - 3h -
Unprecedented ‘shock’: Why bond yields may face even more challenges ahead
A global trade slowdown tied to U.S. tariffs will likely create a challenging environment for bond fund managers, according to financial futurist Dave Nadig.CNBC - 3h -
Meta vs. the FTC: The blockbuster antitrust trial kicks off
Meta will face off against the U.S. Federal Trade Commission Monday in an antitrust trial that could result in the company divesting Instagram and WhatsApp.CNBC - 1h -
Trump advisor Peter Navarro hypes stocks a day after calling tariff-driven plunge 'no big deal'
The S&P 500 is down more than 12% since President Donald Trump reentered the White House and launched a trade war with China.CNBC - 53m -
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 - 2d -
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 -
China Says Shoppers Will Offset Trump Tariffs, But Doubts Remain
If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade war.The New York Times - 1d -
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 - 1d -
Plunge in Oil Prices Threatens Russia’s Vast Spending on Ukraine War
The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.The New York Times - 1d -
Pulp: Spike Island review – Jarvis Cocker and co’s joyous second coming
(Rough Trade) The anthemic lead single from the band’s first album in 24 years casts a wary eye over their peak 90s fame – but also suggests that performing is irresistible. • Pulp announce More, ...The Guardian - 23h -
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 - 23h -
Can Nigeria Help Save the Pangolins Amid a Global Wildlife Crime Crisis?
The country has been known as a hub for the trade in illegal wildlife. But it has been stepping up enforcement as concerns grow about the depletion of certain species and the growing role of ...The New York Times - 16h -
The big lesson for Europe? Trump backed down under pressure | Alexander Hurst
The EU neither ‘kissed ass’ nor unleashed its most powerful trade weapon. Now it must provide the world with an alternative to US chaos. . . My condolences to everyone who spent days trying to play ...The Guardian - 11h -
China raises tariffs on US goods from 84% to 125%, finance ministry says – business live
China ramps up trade war and says it will fight to the end against Donald Trump’s tariffs . US stocks fall again after rally following Trump’s shock retreat on tariffs Life in Shanghai, ...The Guardian - 6h -
Could there be an upside to Trump’s unhinged attacks on Canada? | Chris Michael
The US president has inadvertently united the country against him – and now his tariffs may make Canada rethink its dependence on US trade. Donald Trump is rather obviously the worst thing to ...The Guardian - 6h -
China raises US tariffs to 125% as Xi invites EU to team up against Trump ‘bullying’
Chinese leader canvasses Spain and other trading partners on how to tackle economic fallout as market turmoil continues. Business live – latest updates Why did ‘strongman’ Trump back down on ...The Guardian - 6h -
Winners and losers from the Trump tariffs drama
President Trump blinked on Wednesday, pausing most of the tariffs he had sought to put on nations around the world. The one big exception is China, now the focus of an escalating trade war. ...The Hill - 5h -
4/10: The Daily Report
Nancy Chen reports on a helicopter crash in New York City that killed six people, stock market reaction to President Trump's tariff policy, and how those policies are stoking trade tensions between ...CBS News - 4h -
U.S. stock futures point to higher Wall Street opening despite China tariffs hike
Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.CBS News - 3h