Latest in War Trouble
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Beijing's strong counter tariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.CNBC - 1d -
4/6/2025: The War in Gaza; The Prisoners; Wood to Whiskey
First, a look at the challenges facing Gaza's wounded children. Then, a report on tattoos and deportations to a mega-prison. And, inside the booming, bourbon-driven barrel business.CBS News - 1d -
JPMorgan chief Dimon warns trade war risks recession and higher prices
Donald Trump’s tariffs could cause long-lasting damage to US alliances, Wall Street banker tells shareholdersFinancial Times - 1d -
China Tries to Downplay the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.The New York Times - 1d -
Nintendo Is ‘Actively Assessing’ What a Trade War Means for the Switch 2
Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs that could make the company’s priciest console even more expensive.Wired - 1d -
Stocks Are Making Wild Swings Amid the Damage From Trump’s Trade War
The S&P 500 went from a 4.7% drop after the start of trading to a surge of 3.4% before reverting to a drop of 1.3%.Inc. - 23h -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 21h -
7 IPOs Likely on Hold Due to Trump’s Trade War
Companies that were expected to launch some the biggest IPOs of the year have delayed their public filings.Inc. - 18h -
‘A steadying of the market’: how Fox News sees the Trump trade war
The conservative network’s audience has ballooned since the US president retook officeFinancial Times - 11h -
Red Carpet for an Accused War Criminal: Why is the I.C.C. Under Fire?
The leaders of Israel, Hungary and the United States have moved to neutralize the judiciary both at home and abroad.The New York Times - 3h -
Boy, 16, killed in UK street had fled war in Syria
Ahmad Mamdouh Al Ibrahim was injured in a bomb attack in his home country before coming to the UK.BBC News - 3h -
American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.The New York Times - 2h -
How far will Donald Trump take his trade war?
Also in today’s newsletter, some of the president’s billionaire allies are breaking ranks to lambast tariffsFinancial Times - 2h -
Trump tariffs risk large euro-area ‘demand shock’, Greece’s central bank governor warns
Yannis Stournaras says looming trade war will drag on growth and inflationFinancial Times - 1d -
Dow closes 349 points lower after roller coaster trading amid tariff fallout
President Donald Trump's tariffs stoked fears of a wider global trade war.ABC News - 17h -
Powell’s tariff dilemma: defend the economy or contain inflation
Donald Trump’s trade war has put the Federal Reserve in an awkward spotFinancial Times - 11h -
Zelenskyy says Chinese men fighting for Russia captured in Ukraine
Ukrainian president demands explanation and accuses Beijing of actively participating in Moscow’s warFinancial Times - 1h -
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 - 2d -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 1d -
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 - 1d -
Bill Ackman’s main fund drops 15% this year as trade war hits holdings
Billionaire’s Pershing Square Holdings bet on tariff-exposed stocks like NikeFinancial Times - 21h -
Turf war: Lakeland youth sports programs vying for space demand more fields, more lighting
Lakeland commissioners have gotten an earful from youth sports leaders who are turning kids away and fed up competing for limited space.Yahoo Sports - 17h -
Citing war in Ukraine, dozens of groups call on NHL to reject hockey matchups with Russian league
As one Russian hockey star is being lauded for his accomplishments in the NHL, more than two dozen groups are calling on the North American league to reject the idea of on-ice matchups with the ...NBC News - 17h -
Freed Israeli hostages call for end to war, to bring remaining Gaza hostages home
Freed hostages are among those calling for a new Israel-Hamas ceasefire. They warn renewed bombing in Gaza jeopardizes the lives of the 24 remaining captives, who are believed to be alive.CBS News - 18h -
Watch live: Trump trade representative faces heat from lawmakers amid tariff trade war
U.S. Trade Representative Jamieson Greer will testify before the Senate Finance Committee on Tuesday morning on the Trump administration's trade agenda. The hearing comes as President Trump has ...The Hill - 1h -
Oil prices rise more than 1% after booking steep losses on fears of full-blown trade war
U.S. crude oil is down about 14% and Brent has fallen around 13% since Trump announced his tariffs last Wednesday.CNBC - 47m -
Live updates: Trump set to meet with skeptical conservatives on budget blueprint, China tariff war escalates
Speaker Mike Johnson (R-La.) is racing to get House Republicans behind a Senate-passed framework for enacting large swaths of President Trump's domestic agenda, even as conservative opposition to ...The Hill - 59m -
Trump’s Tariffs Drive Another Market Meltdown
A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.The New York Times - 4d -
JPMorgan Says ‘There Will Be Blood’ as Stocks Tumble and Recession Odds Grow to 60 Percent
Fed warns of ‘highly uncertain outlook’ as JPMorgan and other analysts increase recession odds in response to Trump’s tariff war.Inc. - 3d -
Myanmar's fatal quake deepens political turmoil with no path to peace, experts say
The deadly earthquake has jolted a nation devastated by a brutal civil war that displaced millions and decimated its economy.CNBC - 1d -
US defends tariffs on remote island of penguins and seals
A group of islands, occupied only by penguins and seals, has been swept up in Trump's trade war.BBC News - 1d -
Putin Congratulates Alex Ovechkin for Breaking NHL Record
Alex Ovechkin’s feat put a fresh spotlight on the hockey star’s past support for Russia’s leader and on his stance on the war in Ukraine.The New York Times - 1d -
The turning tide of U.S. support for Ukraine
As the war in Ukraine approached its third anniversary last month, the tide began to turn — not on the battlefield, but in the White House.CBS News - 20h -
Trump’s Tariffs: US vs China
President Trump ramps up the threat of a trade war with possible more tariffs on China.BBC News - 20h -
Can Nintendo’s Switch 2 revive a stagnant gaming industry?
The new console carries the hopes of a company and a sector, but has already been thrust into a gathering trade warFinancial Times - 11h -
Trump tracker: the latest data on US tariffs, trade and economy
As the president launches a trade war, follow the latest data on how markets react and how the country’s economy is performingFinancial Times - 5h -
World must act now to help Gazans under Israeli blockade, UN chiefs urge
Israel has blocked humanitarian supplies and fuel from entering for five weeks - the longest period since the war began.BBC News - 8m -
Protesters in Gaza Call on Hamas to Step Aside
Demanding an end to the war, hundreds pressed the militants to relinquish control of the enclave, a rare demonstration against a group that has suppressed dissent with violence.The New York Times - 3d -
Tariffs aren’t enough: America needs a semiconductor revolution
If America wants to lead again, it must go beyond trade wars and build a real manufacturing ecosystem — starting with semiconductors, the linchpin of modern industry.The Hill - 1d -
What Trump has said about tariffs as stock market reacts
As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."CBS News - 16h