Trump Hints Flexibility

Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble

The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.

The New York Times - 3d

What Will Trump’s Tariffs Do to EU-China Trade Relations?

The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.

The New York Times - 3d

Johnson: Trump backs me on proxy voting for new parents

Politico - 3d

Nintendo Delays Switch 2 Preorders, Citing Trump’s Tariffs

The new video game console will still be released in June, the Japanese company said. Its price was unveiled as $450 this week.

The New York Times - 3d

Trump Calls India a Friend, but Is Trying to Block Its Imports

Stunned to see their own exports punished harshly, Indians are picking through the wreckage for signs of hope. There’s some but not a lot.

The New York Times - 3d

Swiss Indignant to Make the Top 10 of Trump’s Tariffs List

Swiss companies bemoan the loss of a reliable partner, and called the 32 percent tariff “incomprehensible.”

The New York Times - 3d

Trump Extends TikTok Deal Deadline, Delaying a Potential Ban

The app was facing a Saturday deadline to change its ownership or face a ban in the United States.

The New York Times - 2d

More Than 500 Law Firms Back Perkins Coie in Fight With Trump

The firms signed a legal brief supporting Perkins Coie, calling the president’s actions a threat “to the rule of law.” The largest firms declined to sign.

The New York Times - 2d

Ted Cruz and Other Senate Republicans Question Trump’s Tariffs

One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.

The New York Times - 2d

Trump Rejects Proposal for Medicare to Cover Wegovy and Other Obesity Drugs

Administration officials reversed a decision made during the Biden presidency that would have given millions of people access to weight-loss drugs paid for Medicare and Medicaid.

The New York Times - 2d

How Trump's tariffs rollout turned into stock market mayhem

What's happened is something worse than the worst-case scenario.

CNBC - 2d

Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs

The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.

The New York Times - 2d

Tens of thousands rally against Trump at DC ‘Hands Off’ protest

Congress members Jamie Raskin, Eric Swalwell and Ilhan Omar among speakers as demonstrators denounce ‘fascism’. Demonstrators estimated to be in the tens of thousands gathered in Washington DC on ...

The Guardian - 1d

A Playbook for Law Firms and Colleges to Stand Up to President Trump

Law firms and universities do not need to capitulate. Here’s how they can fight back.

The New York Times - 1d

Trump administration revokes all South Sudanese visas in repatriation row

State department accuses east African country of ‘taking advantage of the United States’. The US is revoking the visas of all South Sudanese passport-holders and will stop any more of its citizens ...

The Guardian - 1d

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 - 1d

Sec. Bessent says the market 'consistently underestimates' Trump amid turmoil

Treasury Sec. Scott Bessent on Meet the Press reacts to stock markets facing their worst week in five years, claiming market reactions are hard to predict.

NBC News - 1d

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 delayed

Financial Times - 22h

Trump admin argues judge can't order return of mistakenly deported man

Government lawyers say a federal judge has no control over Kilmar Abrego Garcia and no authority to arrange for his return.

CBS News - 20h

Trump Says Tariffs Will Stay Until Trade Deficit Disappears

The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.

The New York Times - 19h

US judge scolds Trump officials for failing to return man deported in error

The scathing opinion comes as a deadline looms to return the man from a prison in El Salvador.

BBC News - 19h

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 that

Financial Times - 16h

Trump’s tariff blitz sparks turmoil for green energy sector

Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuels

Financial Times - 16h

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 - 15h

Bondi says Trump will 'probably' leave after second term

The administration's FEMA funding freeze violated a court order, a judge ruled.

ABC News - 13h

The weekend Trump’s tariff threats became real for global investors

If global long-only funds start to rotate out of risk the market, turmoil could get worse

Financial Times - 14h

Global stocks plummet as Trump offers no respite from tariffs

Asian and European indices and US futures fall in wake of worst week for Wall Street equities since pandemic

Financial Times - 12h

Democrats launching 'war room' to push back against Trump

The Democratic National Committee (DNC) announced on Monday it’s launching a “war room” in an effort to streamline party messaging and expand its rapid response operation, as Democrats search for ...

The Hill - 7h

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 - 10h

Trump tracker: the latest data on US tariffs, trade and economy

As the president launches a trade war, follow the latest data on imports, exports and trade balances

Financial Times - 10h

Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.

The New York Times - 8h

Does Trump Have an ‘Off Ramp’ From His Trade Fight?

With global markets again in free-fall, the president appeared to be losing support of business leaders, raising questions about his leverage in his trade fight.

The New York Times - 8h

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 - 7h

Out of power in Congress, Democrats spotlight Trump's DOJ with 'shadow hearing'

WASHINGTON — A lawyer representing the former U.S. pardon attorney complained in a letter to the Justice Department that it was using "security resources to intimidate" Liz Oyer ahead of her ...

NBC News - 10h

Global stocks tumble as Trump offers no respite from tariffs

US, European and Asian indices fall as traders raise bets on Federal Reserve rate cuts

Financial Times - 6h

Appeals Court Blocks Trump Firings, Reinstating 2 Federal Board Leaders

A full appeals court panel voted 7-4 to restore Cathy Harris and Gwynne Wilcox to their positions, setting up an expected Supreme Court finale.

The New York Times - 5h

7 GOP senators sign on to bill to check Trump's trade authority

Seven Republican senators, including Sen. Chuck Grassley (Iowa), the Senate’s president pro tempore, and Sen. Mitch McConnell (Ky.), the former Senate Republican leader, have signed on to a ...

The Hill - 3h