Friday's News Links

[CNBC] Dow drops 1,000 points, crushed for a second day on fears Trump has ignited a global trade war: Live updates

[Yahoo/Reuters] Wall St futures plunge as China retaliates with fresh tariffs

[Yahoo/Reuters] US junk bond spreads surge to 17-month high on trade war fears

[Yahoo/Reuters] Global rout in bank shares intensifies as recession fears mount

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

[Reuters] Oil tumbles 8% as China retaliates with tariffs on U.S.

[AP] China punches back as world weighs how to deal with higher US tariffs

[Reuters] China hits back at Trump tariffs with own taxes, export curbs

[Yahoo/Reuters] China hits back at US tariffs with rare earth export controls

[CNBC] Trump vows his policies will ‘never change’ after China retaliates with tariffs

[CNBC] U.S. payrolls rise by by 228,000 in March, but unemployment rate increases to 4.2%

[Yahoo/Reuters] Fed's Powell to weigh in amid tariff fray, market drop

[Axios] Behind the Curtain: You gotta believe

[Politico] World trade war looms as China strikes all US imports with 34 percent tariff

[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

[Yahoo Finance] Wall Street comes to a painful realization: Trump was serious about steep tariffs all along

[Yahoo/Reuters] Investors flee US equity funds on escalating tariff concerns

[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] Credit’s Fear Gauges Soar Most Since Banking Meltdown in 2023

[Bloomberg] Finance Needs to Be Prepared for the Unexpected

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

[Bloomberg] The Uncertainty Is Not Going to End

[NYT] Tariffs Drive Another Market Meltdown

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

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

[NYT] Will Trump’s Tariffs Drive Europe Into China’s Arms, or Into a Fight?

[WSJ] Banks Don’t Pay Tariffs, but Tariffs Will Cost Them

[WSJ] Trump Fires Director of National Security Agency

[WSJ] U.S. to Press Iran for Direct Nuclear Talks

[FT] China announces 34% retaliatory tariffs on US imports

[FT] Inflation fears add to pressure on Federal Reserve