Blackstone and Goldman Ceos Back Trump As Tariffs Fuel Us Recession Fears
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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 -
Environmental groups sound new alarm as fossil fuel lobby pushes for immunity
Nearly 200 groups urge Congress to reject fossil fuel industry immunity efforts, fearing long-term damage to climate lawsuits. Never miss global breaking news. Download our free app to keep up ...The Guardian - 6h -
US lumber prices slide on Trump’s Canadian tariffs delay
Futures close to record high after US orders investigation into dumping practicesFinancial Times - 4d -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - 6d -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 2d -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 2d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 9h -
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JPMorgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who ...The Hill - 9h -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 1d -
Thune says Trump's tariffs should be 'temporary' amid market volatility
Senate Majority Leader John Thune (R-S.D.) said he supports President Trump using tariffs to stop the flow of fentanyl into the United States but said the tariffs should be temporary, citing the ...The Hill - 2d -
Trump says he considering cutting back on Canada tariffs as stock markets bounce
President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...CBS News - 2d -
Tariffs could impact longstanding electricity trade between US and Canada
The tariffs the Trump administration is imposing on Canada could disrupt the longstanding trade of electricity between the two countries.ABC News - 2d -
Republicans use legislative sneak play to tie Democrats' hands on tariffs
House Republicans successfully blocked Democrats from forcing votes and debate on President Donald Trump's controversial tariffs.ABC News - 2h -
Donald Trump threatens 200% tariff on EU wine and champagne
US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey. US politics live – latest updates Donald Trump has threatened a 200% ...The Guardian - 4h -
Trump threatens 200% tariffs on EU alcohol imports
US president demands bloc scraps proposed duty on US whiskeyFinancial Times - 6h -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 2d -
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
L'Oreal CEO Nicolas Hieronimus said he is "not overly concerned" over the impact of White House tariffs on the company.CNBC - 2d -
US Coast Guard investigates fuel spill off the tiny Puerto Rican island of Vieques
The U.S. Coast Guard is investigating a fuel spill off the tiny Puerto Rican island of Vieques, which is popular with touristsABC News - 5d -
Trump's Canada, Mexico tariffs try to 'stop the bleeding' in US economy: UAW chief
President Donald Trump's tariffs on Canada and Mexico "are an attempt to stop the bleeding" in the U.S. economy, United Auto Workers President Shawn Fain said.ABC News - 4d -
Trump administration briefing: US backs Russia ahead of G7, Republican spending bill boosts defense
US has reportedly rejected Canadian proposal to tackle Russian ‘shadow fleet’, Republican bill trims everything aside from defense – key US politics stories from Saturday at a glance. The US has ...The Guardian - 4d -
For Trump, the Stock Market Matters, Until It Doesn’t. CEOs Disagree
As major indexes slide and investors worry, the president abandons his longtime claim that Wall Street performance is the only economic metric that matters, and digs in on import tariffs most ...Inc. - 1d -
Trump Pulls Back Plans to Double Canadian Metal Tariffs After Ontario Relents
The president had threatened to hit Canadian metals with 50 percent tariffs but opted not to go ahead after Ontario lifted a charge on U.S. electricity.The New York Times - 1d -
Latest news on stock markets plunging amid fears of a recession
U.S. stocks plummeted as fear among investors grows over the country's economic future. CBS News' Weijia Jiang reports from the White House, and Kelly O'Grady and Javier David have more on the ...CBS News - 3d -
Trump on Canadian electricity surcharge: 'We'll just get it all back on April 2'
President Trump seemingly brushed off the recent electricity surcharge placed on the U.S. by Ontario, accusing Canada of being a tariff "abuser" and claiming the U.S. would get the money back when ...The Hill - 2d -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 3d -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 5d -
Trump Threatens 200% Tariff on Champagne and Wine From Europe
The president said he would impose the levies if the European Union did not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.The New York Times - 2h -
Trump tariffs of 25% on steel and aluminium come into effect globally as Europe says it will retaliate – business live
Brussels countermeasures to target €26bn of US goods from April while UK takes ‘pragmatic’ approach; US tariffs cover wide range of household goods such as tin foil. Full story: Trump tariffs on ...The Guardian - 1d -
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 - 6h -
Ferrari CEO says automaker is doing 'scenario planning' to counter potential impact of tariffs
"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."CNBC - 15h -
Trump forces India’s hand on tariffs
US president’s ultimatum has pushed New Delhi towards a broader realignment on tradeFinancial Times - 2d -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - 3d -
Education Dept. slashes workforce; new tariffs roil US markets
President Donald Trump is planning to cut nearly 1,300 Department of Education employees, about half of its total staff, with an ultimate goal of shutting down the agency completely. It comes as ...NBC News - 1d -
Another strategist chops his S&P 500 target — but for a different reason than the Goldman Sachs reduction
Ed Yardeni fears a potential stagflationary impact even as keeps his earnings estimates unchanged.MarketWatch - 10h -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 2d -
Why Ukraine hopes Trump minerals deal will win back US support
American and Ukrainian officials meet in Saudi Arabia for ceasefire talks and to revive a critical mineral dealBBC News - 2d -
Is the US headed toward a recession?
{beacon} 12:30 REPORT It’s Monday. Who else cannot stop trying to mimic Parker Posey’s accent in this season of “The White Lotus?” This clip of Posey on NBC’s “Today” is all over my social media ...The Hill - 3d -
Starmer says he is ‘disappointed’ by US tariffs on UK steel
PM vows to ‘keep all options on table’ after EU hits back against Washington with retaliatory measuresFinancial Times - 1d -
BofA says this tech stock can work even in a recession. We just bought more shares
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.CNBC - 1d -
Recession Risks Rise Over Tariff Chaos, Polls Find
U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.Inc. - 6d