Latest in Turmoil Tariffs Shrinks
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The Trump Tariffs Are How Everything Works Now
The US is barreling toward a recession for no good reason, and dragging the world—and a few thousand penguins on remote Antarctic islands—down with it.Wired - 3d -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 2d -
TikTok deal scuttled because of Trump's tariffs on China
President Donald Trump on Friday said he would extend by 75 days the deadline for TikTok's owner to find a non-Chinese buyer, averting what could have been another disruption of the app. The ...NBC News - 2d -
Three questions on Trump's tariffs: From the Politics Desk
Happy Friday, newsletter readers!NBC News - 2d -
How Tariffs Are Hitting Digital Commerce Companies
These businesses, including e-commerce platforms and payment processors, are pulling back on public offering plans and bracing for pain.The New York Times - 2d -
Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Ford and Stellantis are offering employee-pricing programs, while Hyundai said it would not raise prices for at least two months to ease consumer concerns.CNBC - 1d -
Stocks Tumble as Investors Balk at Tariff Plan
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.The New York Times - 1d -
Why Trump’s tariffs won’t last long
Voter and business sentiment will pile pressure on the president’s agendaFinancial Times - 20h -
EU leaders seek united response to Trump’s tariffs
Plus, Wall Street traders poised to bail out bankers in Q1 results, and London gets a new toll crossingFinancial Times - 13h -
Are US tariffs just the beginning? With Abraham Newman
There are other tools of economic coercion in the modern global economyFinancial Times - 3h -
Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.The New York Times - 2h -
Tech Stock Shock + Solving the Mystery of OpenAI’s ‘Blip’ + Tinder’s Flirt-Off
What do Trump’s tariffs mean for tech consumers and the future of AI?The New York Times - 2d -
How the EU could boost its defence capabilities with an arms-buyers’ club
Also in this newsletter: Why Meloni holds the keys to the EU response to Trump’s tariffsFinancial Times - 2h -
Stocks slide around the world as investors recoil from Trump tariffs
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.CBS News - 3d -
Ford Offers Discounts on Cars and Trucks as Auto Tariffs Kick In
The company said it would offer customers the same prices it offers its employees on most of its vehicles.The New York Times - 3d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 2d -
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 - 2d -
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 - 2d -
Stocks shudder again as China strikes back against Trump tariffs
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.CBS News - 2d -
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 - 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 -
‘A lot of red:’ Markets fall again following Trump tariff announcement
President Trump is doing little to calm investors as analysts at JPMorgan warn of a global recession. NBC News Correspondents Yamiche Alcindor and Brian Cheung, CNBC Reporter Steve Liesman and ...NBC News - 2d -
As Markets Plunge Over Trump Tariffs, All Is Calm on Fox News
There is no onscreen stock ticker. One anchor reassured viewers that “President Trump is keeping another campaign promise.”The New York Times - 2d -
Trump Is Defiant as Tariff Moves Roil Markets a Second Day
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”The New York Times - 1d -
How Trump's tariffs rollout turned into stock market mayhem
What's happened is something worse than the worst-case scenario.CNBC - 1d -
Trump’s tariffs may be perilous for small, heavily indebted countries in global south
Garment workers in countries such as Cambodia among those who fear they will lose pay cheques if companies move production elsewhere. “This is very messed up. If Trump wants Cambodia to import more ...The Guardian - 19h -
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 - 17h -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 16h -
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 - 16h -
EV targets watered down to help tariff-hit UK car industry
New rules will allow manufacturers to sell full hybrid and plug-in hybrid vehicles until 2035Financial Times - 9h -
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 - 4h -
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 thatFinancial Times - 3h -
Retaliation or restraint: how should Keir Starmer react to US tariffs?
Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwinds. Keir Starmer has said he wants to shelter Britain from the storm of Donald Trump’s ...The Guardian - 2h -
'Sometimes you have to take medicine': Trump defends sweeping tariffs
Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.BBC News - 3h -
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 - 1h -
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 thatFinancial Times - 3h -
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 - 2h
