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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 - 22h -
Trump not trying to crash market with tariffs, says White House economic advisor
Despite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."CNBC - 14h -
Trump announces 10% baseline tariff on all countries | Special Report
President Trump on Wednesday announced a baseline tariff of 10% on all countries, with additional reciprocal tariffs for some. Maurice DuBois anchored CBS News' special report.CBS News - 11h -
Americans Wrestle With How Trump’s Tariffs May Change Shopping Lists
In the first weekend since President Trump unveiled broad tariffs, many shoppers sought to get ahead of expected price increases, while others showed patience.The New York Times - 9h -
'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 - 5h -
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading towards a self-inflicted "economic nuclear winter" as a result of President Donald Trump's tariff policy rollout.CNBC - 3h -
Argentina's Milei doubles down on Trump bromance as the world reels from trade shock
While the world’s leaders were wringing their hands over President Donald Trump’s announcement of sweeping tariffs on U.S. imports, Argentina’s right-wing president was ebullient, feted at Trump’s ...ABC News - 2d -
16 state attorneys general sue Trump administration over NIH grant terminations
Sixteen state attorneys general filed a lawsuit against the Trump administration on Friday over its cancellation of NIH research grants.ABC News - 2d -
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 -
‘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 -
NSA Chief Ousted Amid Trump Loyalty Firing Spree
Plus: Another DOGE operative allegedly has a history in the hacking world, and Donald Trump’s national security adviser apparently had way more Signal chats than previously known.Wired - 1d -
Trump officials quietly move to reverse bans on toxic ‘forever chemicals’
EPA bids to change chemical risk evaluations, which could expose public to higher levels of PFAS and other pollutants. The Trump administration is quietly carrying out a plan that aims to kill ...The Guardian - 1d -
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 -
Artist of ‘truly the worst’ Trump portrait says her career is threatened
British-born painter Sarah A Boardman disputes US president’s claim that she ‘purposefully distorted’ his image. The British artist called “truly the worst” by the US president, Donald Trump, after ...The Guardian - 23h -
Republicans Want to Make the Trump Tax Cuts Last Forever
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.The New York Times - 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 - 22h -
FAFSA had been struggling for years. Then Trump cut the Education Department in half
Families and students are growing nervous about the fate of the Free Application for Federal Student Aid (FAFSA) amid President Trump's massive cuts to the Department of Education and his plans to ...The Hill - 12h -
Trump officials defend tariffs amid market, conservative unrest
Trump administration officials fanned out across the media talk shows on Sunday to defend tariffs imposed by the president on just about every country on Earth. The reciprocal tariffs were long ...The Hill - 12h -
Trump’s Third Term Talk Defies Constitution and Tests Democracy
The 22nd Amendment is clear: President Trump has to give up his office after his second term. But his refusal to accept that underscores how far he is willing to consider going to consolidate power.The New York Times - 8h -
Trump says he hopes Sununu runs for Senate in New Hampshire
President Trump said Sunday that he met with former New Hampshire Gov. Chris Sununu (R) about a potential Senate bid and that he hopes Sununu launches a campaign. "He came to my office, came to the ...The Hill - 9h -
Sanders on law firms making deals with Trump: 'Absolute cowardice'
Sen. Bernie Sanders slammed law firms coming to deals with President Trump in an interview that aired Sunday. “What do you make of the law firms cutting deals?” CBS News’s Robert Costa asked ...The Hill - 5h -
Trump’s Tariffs: Is Globalisation Over?
Prime Minister Keir Starmer says "the world as we knew it has gone"BBC News - 21h -
Trump’s attack on higher education
His targets are wrong, but reform is sorely neededFinancial Times - 5h -
In latest trans sports salvo, Trump administration creates Title IX investigation team
The Trump administration is creating a new Title IX Special Investigations Team focused on keeping transgender women and girls from sports teams and restrooms designated for females.NBC News - 2d -
‘I Hope Trump Won’t Deceive Us’: Ukrainians Are Wary of U.S. Minerals Deal
In a major mining region of Ukraine, President Trump’s proposal to collect profits from mineral wealth is meeting with a mix of skepticism and weary acceptance.The New York Times - 2d -
Over 500 law firms sign brief backing Perkins Coie suit against Trump
More than 500 law firms moved to file an amicus brief in support of Perkins Coie's lawsuit against the Trump administration's executive order that targeted the firm.ABC News - 1d -
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 - 23h -
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 - 18h -
War in Ukraine takes perilous turn after Zelenskyy, Trump Oval Office argument
Russian attacks on Ukraine continue after President Trump’s attempt to mediate the war erupted during an Oval Office fight with Ukrainian President Volodymyr Zelenskyy.CBS News - 10h -
Trump says he doesn't want stocks to go down, 'but sometimes you have to take medicine'
President Donald Trump said Sunday evening that he is not intentionally engineering the ongoing sell-off, but that markets "sometimes need to take their medicine."CNBC - 8h -
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 -
Under Trump and Musk, billionaires wield unprecedented influence over US national security
Government officials and contractors long controlled spy operations. Now the likes of Musk and Bezos are in control. Just days before Donald Trump ’s inauguration in January, Blue Origin, the ...The Guardian - 16h -
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 - 10h -
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 - 8h -
Trump is targeting US universities as never before. Here are four ways to help them | Cas Mudde
Supporters in Europe can offer new opportunities and minimise the isolation. Certainly they can avoid making things worse. Universities in the US are under attack. While the Trump administration ...The Guardian - 5h -
FTSE 100 plunges 6% to one-year low amid market turmoil, as 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 - 24m -
Trump’s Tariffs Put the Fed in an Impossible Corner
Stakes are rising as Jerome Powell weighs recession concerns with inflation fears.Inc. - 2d -
Trump Weighs In on Marine Le Pen Conviction
The American president cast the French politician’s conviction as an example of far-right persecution, ignoring ample evidence against her.The New York Times - 2d