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House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps.The New York Times - 1d -
House GOP holdouts resist Trump pressure on budget plan, delaying vote
Republicans' budget resolution was expected to get a final vote Wednesday night. But a number of Republicans have withheld their support.CBS News - 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 -
If Trump is trying to suppress China, he’s going about it all wrong
The shock of tariffs is pulling Beijing back to economic fundamentalsFinancial Times - 1d -
Trump signs order to 'make America's showers great again'
The US president says he wants to "take care of my beautiful hair" as he eases water flow rules.BBC News - 1d -
Trump Fuels the Stock Market to a Historic Rally With a Tariff Pause
The president hit China with a 125 percent tariff while pausing levies for other nations.Inc. - 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 -
Trump's immigration tactics obstruct efforts to avert bird flu pandemic: Researchers
Immigration raids and threats have undermined efforts to prevent and detect bird flu infections among farmworkers, researchers say.ABC News - 1d -
Egg Prices Reach a Record High, Despite Trump’s Predictions
Easter is going to more expensive this year. Although bird flu is slowing, and wholesale prices have dropped, those inputs haven’t reached retail.Inc. - 1d -
Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.The New York Times - 1d -
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 -
Investors in Trump’s America can no longer see around corners
Regular guidance from executives on the near-term path of profit just got more elusiveFinancial Times - 22h -
Trump's immigration policy is weighing on beer sales, Constellation Brands CEO says
Roughly half of Constellation's beer sales come from Hispanic consumers.CNBC - 23h -
What does Trump's tariff pause mean for global trade?
What is the situation after the historic upheaval in American trade policy.BBC News - 1d -
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 - 23h -
Will iPhones cost more in the US because of Trump's tariffs on China?
Some analysts say that if costs incurred by tariffs pass to consumers, US iPhone prices could rise by hundreds of dollars.BBC News - 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 - 21h -
Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.
Even companies that make clothing in America aren’t feeling great about stiff duties on their overseas competition.The New York Times - 20h -
Trump Team Divided Over Future of U.S. Embassy in Somalia
Some State Department officials have proposed closing the embassy in Mogadishu, the Somali capital, as a precaution after recent gains by Al Shabab militants.The New York Times - 21h -
Florida to charge man already jailed for attempted Trump assassination
Florida's attorney general said Ryan Routh will face additional state terrorism and attempted murder charges.CBS News - 22h -
Why China's Xi Jinping is playing hardball with Trump on tariffs: ANALYSIS
He wants to show China can withstand the economic pain, according to experts.ABC News - 19h -
House GOP adopts Trump budget plan after conservatives fold
The vote was initially delayed amid conservatives' concerns about the level of spending cuts.CBS News - 20h -
Trump Deploys Justice Dept. to Scrutinize Ex-Officials and Perceived Foes
A presidential decree instructing the Justice Department to scrutinize whether a former official broke the law crosses a new line.The New York Times - 17h -
Trump's new tariff on China is 'more of an embargo,' Jim Cramer says
CNBC's Jim Cramer on Thursday gave investors his read on what steep tariffs on China mean for the U.S. economy.CNBC - 17h -
Trump tariffs raise costs, business risks for NYC garment companies
"A Veronica Beard jacket was $800. Now it's going to be $1,000," one New York City fabric importer said.CBS News - 17h -
Watch: Trump's tariff pause surprised almost everyone - was it really his plan?
News of the US president's plan to halt higher-band taxes came as a surprise on Wednesday, but was it part of a plan?BBC News - 17h -
Trump Close to Winning Concessions From More Law Firms
Four or five firms could soon agree to deals that would be unveiled as a package, in an escalation of the president’s crackdown on an industry that has drawn his ire.The New York Times - 18h -
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 - 18h -
Asia’s emerging nations squeezed by Trump tariffs and China’s retaliation
Stock markets of Taiwan, Thailand and Vietnam deep in the red this year, despite rallying after reprieve on tariffsFinancial Times - 16h -
U.S. cyber defenders shaken by Trump's attack on their former boss
The people tasked with keeping the country safe from foreign government hackers and cybercriminal gangs say they feel like they’re under attack, not from their usual adversaries but from the ...NBC News - 16h -
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 - 14h -
Switzerland seeks closer EU ties in response to Trump shock
Swiss president to attend informal EU finance ministers’ meeting for the first time, alongside British chancellorFinancial Times - 12h -
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 - 12h -
Trump had five tariff goals - has he achieved any of them?
The president made a partial reversal this week - here's a look at where it leaves five of his key ambitions.BBC News - 12h -
Autoworkers Union Chief Gives Trump’s Tariffs a Mixed Review
In an address to the U.A.W., Shawn Fain said a targeted approach could help bring jobs back to the United States, but he criticized universal duties.The New York Times - 14h -
Dollar and Treasuries sell off as Trump’s China tariffs spook investors
Scale of US levies on Chinese goods deepens recession fearsFinancial Times - 10h -
Woman, 21, charged over vandalism at Donald Trump's Turnberry golf course
Three people have already appeared in court charged over damage caused to the golf course.BBC News - 9h -
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 - 7h -
Why Iran’s Supreme Leader Came Around to Nuclear Talks With Trump
Top Iranian officials pressed the country’s leader to reverse his position, arguing that the risk of war with the United States and the worsening economic crisis could topple the regime.The New York Times - 7h -
Stocks Dive Again as Angst Rises Over Trump’s Trade War
The S&P 500 fell 3.5 percent by the closing bell, erasing part of Wednesday’s recovery, as fears grew that the worsening trade war with China would crimp growth.The New York Times - 7h