Latest in Unveil Reciprocal Tariffs
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Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins
The Heard and McDonald Islands are among the dozens of targets of President Donald Trump's latest round of tariffs. But they have no exports, because no one lives there.Wired - 4d -
Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.The New York Times - 2d -
Dow sheds 2,200 points as markets end another day of tariff chaos
The major U.S. stock indexes dropped sharply in Friday trading as President Donald Trump's historic tariffs announcement sent shock waves through the global economy.NBC News - 2d -
US market plunges for second day after Trump’s sweeping tariffs
The U.S. stock market took another nosedive for a second day after President Donald Trump’s sweeping tariffs on countries around the world.NBC News - 2d -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 2d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 2d -
Trump's biggest tariff was on tiny Lesotho. Here's what to know.
Trump hit the small African kingdom of Lesotho with his highest tariff this week at 50%, fueling urgent efforts by the country to seek a deal, and new trade partners.CBS News - 2d -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 2d -
In Canada’s Auto City, Tariffs Have Already Caused a Shutdown
Hours before the 25 percent tariff on cars made in Canada went into effect, the largest auto plant in Windsor, Ontario, announced it would close for two weeks.The New York Times - 1d -
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.Los Angeles Times - 1d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 19h -
Billionaire investor Stanley Druckenmiller: 'I do not support tariffs exceeding 10%'
Billionaire investor Stanley Druckenmiller made a rare post on the social media platform X on Sunday, reiterating his opposition to tariffs exceeding 10%.CNBC - 8h -
Bessent: 'More than 50 countries' approached administration to lower tariffs, trade barriers and halt 'currency manipulation'
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency ...The Hill - 9h -
China says 'market has spoken' after Trump tariffs spark global stocks rout
China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.CNBC - 1d -
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.NBC News - 2d -
After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up
The internet poked fun at the Trump administration’s decision to impose new tariffs on Heard Island and McDonald Islands, Australian territories near Antarctica where many penguins but no people live.The New York Times - 1d -
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
Crude oil now costs around 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 - 3h -
ESA Says Tariffs Will Have A "Detrimental Impact" On Entire Gaming Industry, Not Just Nintendo
Earlier today, Nintendo made the unprecedented decision to delay prerelease orders for the Switch 2 in the US in order for the company to "assess the potential impact of tariffs and evolving ...GameSpot - 2d -
How Nissan Hopes to Navigate Trump’s Tariffs and Make Its EVs Great Again
After years of managerial turmoil and a failed merger with Honda, Nissan is attempting to right the ship. President Donald Trump's tariffs couldn't have come at a worse time.Wired - 21h -
Op-ed: First test in Trump's tariffs war is underway. Our government is set to fail it
One thing the Trump White House fact sheet on tariffs does not offer is a coherent implementation plan. That's a dangerous foundation for long-term policy.CNBC - 16h -
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President Donald Trump's tariffs escalated.CNBC - 6h -
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.The New York Times - 1d -
Rubio defends Trump tariffs, says Putin needs to show he ‘wants peace’
Speaking at NATO headquarters in Brussels, Secretary of State Marco Rubio told reporters President Trump’s tariffs will “reset” global trade. Rubio also said Russia needs to show it is serious ...NBC News - 2d -
Trump defends tariffs as markets plunge: 'I don't want anything to go down'
President Trump on Sunday defended his sweeping tariffs amid plunging markets, saying he did not “want anything to go down.” “When you look at the trade deficit we have with certain countries, with ...The Hill - 6h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 4h -
Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live
Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns. Hong Kong stocks have plummeted more than 9% ...The Guardian - 16m -
Trump’s Tariffs Could Reshape the US Tech Industry
Apple, Amazon, and other tech companies reliant on global supply chains stand to lose the most from President Trump’s trade policies, but some software firms expect more demand for their services.Wired - 4d -
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
