Trumps Tariffs Pose A Greater Risk to Markets Than His Tax Cuts
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Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...NBC News - 1d -
Can Mark Carney, Canada’s New Leader, Take on Trump and His Tariffs?
Mark Carney will most likely be in power just a few weeks before a federal election is held. To win, he will try to convince Canadians he can take on, but also negotiate with, Trump.The New York Times - 3d -
Chainsaws, coffeemakers, gum: How the E.U. is targeting U.S. products with retaliatory tariffs
The European Union is planning new tariffs on a wide range of U.S. imports next month in response to President Donald Trump’s new taxes on imported aluminum and steel that went into effect Wednesday.MarketWatch - 1d -
Tuberculosis Resurgent as Trump Funding Cut Disrupts Treatment Globally
The United States was the major funder of tuberculosis programs. Now hundreds of thousands of sick patients can’t find tests or drugs, and risk spreading the disease.The New York Times - 2d -
Some universities are freezing hiring as Trump threatens federal funding
Universities across the U.S. have announced hiring freezes due to the risk of federal funding cuts under President Donald Trump’s administrationABC News - 14h -
Congress keeps a distance on Trump’s tariff rate disputes
President Trump's tariffs on Canada and Mexico, as well as his exemption of North American trade agreement-protected goods, has led to a hands-off approach from Congress, which has been reluctant ...The Hill - 18h -
China can live with Trump’s tariffs – his bullish foreign policy will help Beijing in the long term | Steve Tsang
By turning his back on US allies and global institutions, Trump will help Xi Jinping advance his plan for a China-centric world. Is Donald Trump China’s worst nightmare or a dream come true? He is ...The Guardian - 1d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 2d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 9h -
Trump meets with CEOs at Business Roundtable as market sell-off continues
Trump, a major proponent of tariffs, told the room full of business leaders that the duties he has already imposed are having a "tremendously positive impact."CNBC - 2d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - 15h -
Investors are anxious about Trump’s tariffs. Here’s what financial advisers are telling them to do.
Uncertainty surrounding tariff policy has rattled markets, and volatility is the highest it’s been all year.MarketWatch - 4d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 3d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 3d -
Trump makes some false or misleading claims to justify Canada tariffs
President Trump has imposed steep tariffs on Canadian goods, citing trade imbalances and drug trafficking. But many of his claims exaggerate or misrepresent the facts.CBS News - 7h -
'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink
Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.CNBC - 13h -
Trump, With More Honey Than Vinegar, Cements an Iron Grip on Republicans
In his second term, President Trump is cultivating warm relationships with G.O.P. lawmakers — and using the implicit threat of ruining them if they stray — to keep them in line behind his agenda.The New York Times - 3d -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 2d -
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.The New York Times - 1d -
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears
The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.MarketWatch - 2d -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.The New York Times - 5d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 2d -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - 1d -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 4d -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - 1d -
Johns Hopkins University says it is cutting more than 2,000 workers due to cut to federal aid
Johns Hopkins University said Thursday that it is cutting over 2,000 workers because of a federal funding cut. “The termination of more than $800 million in [U.S. Agency for International ...The Hill - 6h -
No disease is deadlier in Africa than malaria. Trump's US aid cuts weaken the fight against it
Malaria season begins this month in a large part of AfricaABC News - 5d -
Steve Kornacki: How the economy is responding to Trump’s on-again, off-again tariffs
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to look at how the markets are responding to President Donald Trump’s trade policies.NBC News - 4d -
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.CNBC - 13h -
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.The New York Times - 12h -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 2d -
Maggie Haberman: Stock market drop not something Trump, aides can ‘explain away’
New York Times political correspondent and CNN contributor Maggie Haberman said the drop in the stock market is not something President Trump or his aides can “explain away.” Haberman joined CNN’s ...The Hill - 2d -
Doug Ford on additional Trump tariffs: Canadians will 'not back down'
Ontario Premier Doug Ford fired back at President Trump following his latest vow to double tariffs on steel and aluminum, saying during an interview that Canada will “not back down” and called on ...The Hill - 2d -
Laid-off FEMA employees speak out about DOGE cuts
Elon Musk today said that his Department of Government Efficiency is cooperating with cabinet secretaries on downsizing the federal bureaucracy. Since Inauguration Day, more than 200 FEMA employees ...NBC News - 3d -
CNBC Daily Open: The U.S. and Canada skirmish over tariffs, roiling markets
The White House engaged in a brief trade war with Canada on Tuesday over energy surcharges and steel tariffs. Cooler heads prevailed but markets weren't calmed.CNBC - 2d -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - 18h -
Marriage triples risk of obesity in men – but not women, study reveals
Polish research also finds increased risk of both sexes being overweight if married. Marriage triples the risk of obesity for men, but does not affect women, according to research.. Global obesity ...The Guardian - 1d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 3d -
The Memo: Trump, amid tariff tangle, sounds serious about bringing Canada into US
President Trump’s tariff policies sparked another day of political and financial-market turmoil Tuesday — along with new recognition that he really may be serious about trying to make Canada part ...The Hill - 1d -
S&P 500 Dips Into Correction as Stock Market Sours on Trump
The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.The New York Times - 10h