Thursday, April 3, 2025

Friday's News Links

[CNBC] Dow futures fall after tariffs push market to biggest losses since 2020: Live updates

[AP] Asian stocks slid after Wall Street surrendered to a hit by Trump’s tariffs

[Yahoo/Reuters] Oil set for worst week in months over Trump's new tariffs

[Reuters] US Senate Republican pushes to require congressional approval for new tariffs

[Reuters] Trump tariffs provoke world condemnation and fears of a $2,300 iPhone

[AP] Republicans moving ahead with Trump’s ‘big’ bill of tax breaks and spending cuts amid tariff uproar

[Axios] Scoop: Stephen Miller's Senate GOP marching orders

[Axios] Trump admin to pull $510 million in funding from Brown University

[Bloomberg] Junk Bonds Suffer Worst Rout Since 2020 With US Hit Hardest

[Bloomberg] Vance Downplays ‘One Bad Day’ for Markets, Promising Boom Later

[NYT] Trade War Sets Off ‘Max Pessimism’ in Global Markets as Stocks Plunge

[NYT] Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?

[WSJ] Trump Fires Director of National Security Agency

Thursday Evening Links

[Yahoo/Bloomberg] Trump Tariffs Wipe Out $2.5 Trillion From US Stock Market 

[AP] Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

[AP] Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

[Reuters] Trading Day: Trump is on fire, global markets tariffied

[AP] Trump says things are ‘going very well’ after worst stock market drop in years over tariffs

[Axios] Coffee, shrimp, other food prices could soar with Trump tariffs

[Yahoo/Reuters] Trump's tariffs are largest US tax hike since 1968, JPM warns

[Reuters] Trump's global tariffs hurt China with 'all-round blockade'

[Reuters] For Trump, tariff gamble brings political risk

[AP] Judge says US government may have ‘acted in bad faith’ as he weighs contempt over deportation order

[Bloomberg] Stock Meltdown Fuels Worst S&P 500 Day Since 2020: Markets Wrap

[Bloomberg] Hedge Funds Frazzled by Tariff Chaos Contemplate Sitting It Out

[Bloomberg] Macron Issues a Corporate Call to Arms: EU Stop Investing in US

[Bloomberg] VIX Jumps to Highest Since August as Tariffs Spur Stock Rout

[Bloomberg] Goldman Trading Desk ‘9.5 Out of 10’ on Activity Level Amid Rout

[Bloomberg] JPMorgan Sees Global Recession Odds at 60% If Tariffs Sustained

[Bloomberg] India’s Subprime Bubble Grew 2,100%. Now a Bust Looms

[WSJ] Market Upheaval From Trump’s Tariffs Could Be Just the Beginning

[WSJ] Trump and His ‘Little Disturbance’ From Tariffs

[WSJ] The Day Trump’s Tariffs Shook Corporate America

[WSJ] Republicans Raise Concerns About Trump’s Tariff Blitz

[WSJ] Congress Begins to Dissent on Trade

[WSJ] The White House Whirlwind That Led to Trump’s All-Out Tariff Strategy

[WSJ] Finland Knows Winter Is Coming

[FT] Donald Trump triggers race to offer US concessions before tariffs hit

Thursday Afternoon Links

[CNBC] Dow drops 1,200 points, S&P 500 loses 3% as stock market rout on Trump's tariffs worsens: Live updates

[Reuters] Euro, yen surge vs dollar as investors grapple with tariff aftermath

[Yahoo/Bloomberg] Treasury Yields Approach 6-Month Low as Trump Tariffs Rattle Markets

[Yahoo/Reuters] US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand

[Yahoo/Bloomberg] European Stocks Sink by Most Since August on Tariff Shock

[Yahoo/Bloomberg] Oil tanks 7% amid 'panic selling' as Trump tariffs, OPEC+ supply increases send prices reeling

[AP] Trump’s tariff push is a race against time, and potential voter backlash

[AP] Canadian prime minister says Canada will match US auto tariffs

[Reuters] Trump tariffs pile stress on ailing world economy

[Yahoo/Bloomberg] Germany and France Push for More Aggressive Tariff Response

[Yahoo/Bloomberg] Carmakers Idle Plants, Rethink Prices as Trump’s Tariffs Hit

[Yahoo/Reuters] Trump tariffs could stymie Big Tech's US data center spending spree

[Yahoo Finance] Trump just put the Fed in an 'even greater bind'

[Yahoo Finance] US economy ‘dangerously vulnerable’ to recession: Wall Street reacts to tariff fallout

[CNN] This is the dubious way Trump calculated his ‘reciprocal’ tariffs

[Bloomberg] Citi, Bank of America Lead Worst Rout Since Regional Bank Crisis

[Bloomberg] US Services Index Falters as Employment Shrinks Most Since 2023

[WSJ] Tariffs Will Hit All U.S. Imports. Price Hikes for These Items May Surprise You

[WSJ] EU’s Von Der Leyen Vows Response to Trump’s 20% Tariffs

[WSJ] White House Fires Several Members of Trump’s National Security Council

[FT] America’s astonishing act of self-harm

[FT] Dollar drops as Donald Trump’s tariffs stoke economic fears

[FT] European banks exposed to risk of US dollar shortfall, says EU watchdog

[FT] Sweeping tariffs threaten ‘Factory Asia’

[FT] Fitch downgrades China’s sovereign debt over spending and tariffs

Wednesday, April 2, 2025

Thursday's News Links

[CNBC] Dow futures tumble 1,500 points on fear Trump’s tariffs will spark trade war: Live updates

[Yahoo/Bloomberg] Dollar Drops by Most Since 2022 as Traders Brace for More Pain

[Yahoo/Bloomberg] US Emerges as Biggest Loser in Markets From Trump’s Tariffs

[Yahoo/Bloomberg] Trump’s Trade War Hits European Stocks Amid Growth Shock Concern

[AP] US and global markets plunge after Trump tariffs heighten chance of a broader trade war

[Yahoo/Bloomberg] Apple Production Hubs Hit by Tariffs, Sending Stock Plunging

[Yahoo/Reuters] Oil sinks nearly 3% after Trump announces sweeping new tariffs

[Axios] Trump takes the ultimate risk with the global economy

[AP] The world reacts with caution to US ‘reciprocal’ tariffs against dozens of nations

[Axios] World leaders react to Trump's sweeping tariffs

[AP] Fewer Americans file for jobless benefits last week as labor market continues to show strength

[Yahoo/Bloomberg] China Vows Retaliation as Trump Unleashes ‘Bazooka’ US Tariffs

[Yahoo/Bloomberg] US Senate Opposes Tariffs on Canada in Rare Split From Trump

[Yahoo/Reuters] Auto tariff to cost US consumers more than $30 billion in first year, report shows

[Yahoo/Reuters] US slaps 26% tariff on India amid ongoing bilateral trade talks

[Axios] Trump's tariffs list is missing one big country: Russia

[Yahoo/Reuters] China's services activity rises to three-month high, Caixin PMI shows

[Politico] Trump hits ‘pathetic’ Europe with 20 percent tariffs

[Bloomberg] Live Updates: China Vows to Retaliate, Markets Digest Fallout as Trade War Escalates

[Bloomberg] Trump Tariffs Set to Wipe Out Nearly $2 Trillion From US Stocks

[NYT] ‘It’s a Disaster’: Global Markets Slide After Trump Unveils Tariffs

[NYT] Americans’ Reaction to Trump’s Tariffs Range From Worried to Enthusiastic

[WSJ] Trump’s Tariffs Aim to Create a New World Economic Order

[WSJ] The Day Trump’s Tariff Threats Turned Into a Harsh Reality for CEOs and Investors

[WSJ] Trump Tariffs Aim to Bring Down Curtain on Era of Globalization

[WSJ] Trump’s Tariffs Were Supposed to Boost the Dollar. Why the Opposite Happened.

[WSJ] How Might Central Banks React to Trump’s New Tariffs?

[WSJ] Cars Were Already Unaffordable Before Tariffs

[WSJ] Trump’s Tax Cuts Hinge on GOP Lawmakers Like Chip Roy

[FT] Donald Trump escalates global trade war with sweeping tariff blitz

[FT] Trump’s tariffs are an economic emergency for Americans

[FT] Donald Trump’s beautiful trade war

[FT] Will Donald Trump’s ‘liberation day’ tariffs drag US into recession?

[FT] Donald Trump’s tariffs in brief: universal levies and targeted retaliation

[FT] Wall Street analysts anguish over ‘Liberation Day’

[FT] ‘Beware a dollar confidence crisis’ — DB

[FT] Donald Trump vs the universities: how far will it go?

[FT] US coffee drinkers in for double shot of pain from tariffs

Wednesday Evening Links

[CNBC] Dow futures tumble 1,100 points on fear Trump’s tariffs will spark trade war: Live updates

[Bloomberg] China and Vietnam Among Those Hit With Highest Tariff Rate: Live updates

[CNBC] Trump slaps big reciprocal tariffs on countries around the world; markets drop: Live updates

[AP] Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

[The Hill] Trump imposes 10% global tariffs; higher rate for ‘worst offenders’

[Yahoo Finance] Trump makes good on auto tariff threat with 25% levy on foreign-made cars

[CNBC] Trump’s tariffs are expected to raise consumer prices, but a key question remains: By how much?

[Bloomberg] Trump to Impose 10% Global Tariff, Higher Rates for Some Nations

[NYT] ‘It’s a Disaster’: Global Markets Slide After Trump Unveils Tariffs

[WSJ] Trump’s New Protectionist Age

[WSJ] Trump’s Tariffs: Where Things Stand

[WSJ] Trump’s Tariffs Could Blow Up Big Pharma’s Tax Shelter

[WSJ] Senate Pencils in $5 Trillion for Tax Relief, Leaves Blank Spaces for Spending Cuts

Wednesday Afternoon Links

[CNBC] Stocks rise on Wednesday ahead of Trump tariff announcement: Live updates 

[Yahoo/Bloomberg] Treasury Yields Rebound With Europe’s Before Tariff Unveiling

[Yahoo/Bloomberg] Oil Advances as Focus Turns to Looming Trump Tariff Measures

[AP] Trump is set to announce new tariffs as he takes a political and financial gamble

[Yahoo/Reuters] Trump considering revoking tariff exemptions for cheap shipments from China, source says

[Yahoo/Reuters] Top officials to leave US SEC's anti-bribery unit, sources say

[Bloomberg] Summers Says Trump Tariffs to Impose Oil-Shock Type Economic Hit

[Bloomberg] How Do Tariffs Work? Who Pays, Who Collects and More

Tuesday, April 1, 2025

Wednesday's News Links

[CNBC] Stock futures fall ahead of Trump tariffs: Live updates

[Yahoo/Bloomberg] Gold Climbs to Near Record Ahead of Trump’s Latest Tariff Reveal

[Reuters] Dollar steady as zero hour on Trump's "Liberation Day" closes in

[CNBC] Private companies added 155,000 jobs in March, more than expected, ADP says

[AP] Trump is set to announce ‘reciprocal’ tariffs in a risky move that could reshape the economy

[Yahoo/Bloomberg] Trump Tariff Plans Still in Limbo Ahead of Rose Garden Event

[Axios] Trump's day of clarity, but without the clarity

[Reuters] White House says Trump will go ahead with tariffs as nervous world awaits trade war

[Axios] Trump tariffs would hit lower-income Americans hardest

[CNBC] Mortgage rates and demand seem stuck in a holding pattern, as markets await tariff news

[Yahoo/Bloomberg] Wall Street Trading Desks Warn S&P 500 Selloff Will Get Worse

[AP] Mass layoffs are underway at the nation’s public health agencies

[Axios] Mike Johnson scraps his whole week after brutal defeat

[Politico] Europe thought it had a way past Trump’s tariffs. He didn’t care.

[Yahoo/Reuters] China limits companies from US investments, Bloomberg News reports

[Yahoo/Reuters] Trump's tariffs will be negative the world over, says ECB's Lagarde

[Yahoo/Bloomberg] Trade fragmentation to curb global growth, raise inflation, ECB's Schnabel says

[AP] China conducts military drills focusing on Taiwan Strait

[CNBC] U.S. reaffirms commitment to Taiwan as Beijing conducts live fire drills in East China Sea

[Bloomberg] Trump Tariff Rollout Opens New Era of Risk for Global Economy

[Bloomberg] China Ties US Talks to Tariff Removal as Stalemate Deepens

[Bloomberg] OpenAI Shows Too Much Money Can Be a Real Thing

[Bloomberg] America Is Headed for a Grim Fiscal Reckoning

[Bloomberg] Manhattan Home Sales Soar as Buyers Seize on Mortgage Rate Dips

[Bloomberg] The World Is Waking Up to the Dangers of Super Pollutants

[NYT] How ‘Liberation Day’ Might Go Down

[NYT] Trump Is Set to Unveil Expansive Global Tariffs

[WSJ] U.S. Sends Warplanes, Ships to the Middle East in Warning to Iran

[WSJ] U.S. Looks for More Countries to Take Migrants

[WSJ] Why the Megarich Insist on Buying Homes in Extreme Weather Zones

[WSJ] Russia and Ukraine Adopt Similar Tactic With Trump: Make Nice and Take It Slow

[WSJ] Cory Booker Breaks Record for Longest Senate Speech in Trump Protest

[FT] Investors on edge as Donald Trump moves to apply new tariffs ‘immediately’

[FT] Chinese megabanks’ interest margins fall to record low as economy slows

Tuesday Evening Links

[AP] Trump’s ‘Liberation Day’ is unlikely to free businesses from uncertainty surrounding trade policy

[Yahoo/Reuters] Nervous calm ahead of 'Liberation Day'

[BBC] Three big unknowns ahead of Trump's 'Liberation Day' tariffs

[Axios] Senate GOP embraces controversial tax cut strategy

[Yahoo/Reuters] Fed's Goolsbee: Hard data is pretty solid, but there is fear around tariff impact

[Yahoo Finance] Commentary: The inevitable Trump bailouts are on the way

[MSN/Daily Mail] Russia Warns Trump Against Striking Iran's Nuclear Facilities

[Bloomberg] Millennium, Citadel Extend 2025 Losses With a Volatile March

[Bloomberg] Pentagon Sends Second Aircraft Carrier to Mideast as Iran Tensions Rise

[NYT] Trump’s Tariffs Are Coming, but at a Cost to U.S. Alliances

[WSJ] Mike Johnson Loses Battle to Limit GOP Rebels’ Power

[WSJ] Serious Sanctions Time for Russia

Tuesday Afternoon Links

[CNBC] S&P 500 rallies into the green Tuesday in more volatile trading ahead of tariff rollout: Live updates

[CNBC] Trump’s upcoming tariffs ‘will be effective immediately,’ White House says

[Yahoo Finance] Job openings hit lowest level since September as labor market cools

[Yahoo Finance] US manufacturing slips into contraction as costs surge, pressured by Trump tariffs

[Yahoo/Reuters] US construction spending beats expectations in February

[Axios] The ghosts of trade wars past

[Yahoo/Reuters] How hedge funds have positioned for Trump's 'Liberation Day'

[Yahoo/Reuters] Mercedes mulls pulling US entry-level cars over Trump tariffs, Bloomberg News reports

[FT] An anxious America awaits Donald Trump’s ‘reciprocal tariffs’