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