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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 - 18h -
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 - 17h -
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 - 18h -
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 - 16h -
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 - 14h -
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 - 14h -
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 - 14h -
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 - 14h -
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 - 15h -
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 - 15h -
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 - 13h -
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 - 13h -
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 - 11h -
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 - 9h -
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 - 9h -
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 - 11h -
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 - 9h -
Dollar and Treasuries sell off as Trump’s China tariffs spook investors
Scale of US levies on Chinese goods deepens recession fearsFinancial Times - 7h -
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 - 6h -
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 - 4h -
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 - 4h -
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 - 4h -
Republicans Clash Over Medicaid in Hunt to Pay for Trump’s Agenda
Conservatives in the House say they won’t back any package without deep cuts that would all but certainly affect the health program. Some Senate Republicans say they won’t accept such cuts.The New York Times - 4h -
She’s Young, Trump-Friendly, and Has a White House Press Pass
Natalie Winters, a protégée of Stephen Bannon, belongs to a newly high-profile contingent of West Wing reporters.The New York Times - 4h -
Trump’s New Plan for Social Security Death List, and China’s Counterattack on Tariffs
Plus, Hollywood stunts in the spotlight.The New York Times - 3h -
Why Trump's tariffs won't push China and Europe closer
China and the European Union are unlikely to become close allies even as relations between the EU and the White House could sour.CNBC - 3h -
Trump envoy Steve Witkoff is in Russia again, Kremlin says
U.S special envoy Steve Witkoff arrived in Russia on Friday, the Kremlin says.CBS News - 2h -
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 - 3h -
FirstFT: Sell-off resumes as China retaliates to Trump’s latest tariff rise
Also in today’s newsletter, OpenAI slashes AI model safety testing time and Pentagon terminates $4bn of consultancy contractsFinancial Times - 2h -
Trump administration to refer Maine to DoJ over transgender participation in sports
The deadline has arrived for Maine officials to reach a resolution with the U.S. Education Department over a finding that the state violated antidiscrimination laws by allowing transgender athletes ...ABC News - 1h -
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 - 1h -
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 - 56m -
Trump has added a political risk premium to US assets
Parking money in America is no longer the routine, fuss-free, neutral optionFinancial Times - 1h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest on tariffs and executive ordersFinancial Times - 1h -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 14h -
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 - 4h -
Justice Dept. Disbands Cryptocurrency Enforcement Unit
The Trump administration is dialing back its enforcement of cryptocurrency, and criticizing Biden-era prosecutions.The New York Times - 2d -
Tariff Uncertainty Is Freezing M&A and Dealmaking. It May Not Thaw for a While
Trump may have paused ‘reciprocal’ tariffs on most countries for now, but continued uncertainty has been freezing mergers and acquisitions.Inc. - 1d -
CNBC and Fox Business See Viewership Soar Amid Market Chaos
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy.The New York Times - 1d -
Market Madness, Manufacturing, and the Liberation Day of It All
Donald Trump’s tariff announcements are roiling the markets. On this week’s special episode of Uncanny Valley, we break it all down.Wired - 1d