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The Latest Breaking News from CNBC

Why 2025 May Be The Auto Industry's Most 'Consequential Year' Yet

Most people who just drive their cars every day or buy a new one every decade or so never see this, but the automotive industry works off a global rules-based order. Safety regulations tell the car companies what they can and cannot build; the same is true for emissions regulations.…

InsideEVs

Donald Trump exempts phones, chips from new tariffs

According to new guidance, Donald Trump will be exempting smartphones and other electronic components and parts from tariffs.

Android Central

Tesla Suspends Model X and S Orders in China. How Should You Play TSLA Stock Here?

Tesla has stopped taking new orders for Model S and Model X in China amidst U.S.-China trade tensions. Could TSLA shares recover meaningfully in 2025?

Barchart

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Labour MPs urge ministers to focus on rebuilding trading relationship with EU

Call to prioritise reset with Europe comes after top adviser to Trump downplays prospect of US tariffs being reduced

The Guardian - UK

How Trump flip-flopped on pausing tariffs

Trump initially dismissed a tariff pause. Then he announced a 90-day reduction for all except China.

Al Jazeera

'Boys Will Boys': White House Reacts To Elon Musk's Tariff Clash With Trump Adviser Peter Navarro

Elon Musk and former Trump advisor Peter Navarro engaged in a heated online dispute over tariffs, with Musk calling Navarro a 'moron.'

International Business Times UK

Walmart worries Wall Street by yanking its economic expectations report amid tariff uncertainty

CFO argues company will emerge on other side of uncertainty ‘with greater share and a stronger business’

The Independent UK

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Tesla CEO Elon Musk becomes severe casualty of Trump’s tariff war after losing $44bn in one week

A bitter rift appears to be forming between the world’s richest man and Republican president over his controversial trade policy

Evening Standard

Economist Warns Unemployment Could Fall to 'Recessionary Levels' If Trump Continues Tariff Rollout

Economists warn President Donald Trump's global tariff expansion could spark widespread job losses and push unemployment to recessionary levels.

Latin Times

‘I have a deficit at my grocery store’: Senator Rand Paul mocks Trump’s odd trade views

Paul calls trades ‘mutally beneficial,’ adding: ‘If you want to sell me your coat and I give your $200 for it, we both agree to it and we’re both happy with the trade.’

The Independent UK

Republican officials are questioning Trump’s tariff regime being the scenes, says Sen. Rand Paul. ‘They whisper in my ear: Free trade is good’

GOP donors and think tanks are starting to publicly denounce President Donald Trump’s policies, which led to a historic stock market rout.

Fortune

Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war

Beijing vows to ‘fight to the end’ as president claims ‘many’ countries are seeking a deal with US

The Guardian - US

The Auto Industry Is Begging Politicians To Get Along

Automakers are tired, boss. The last three months have felt like a year for them as tariff uncertainty, backtracking and political chest-beating contests taking center stage. The automotive industry is over it and, at the minimum, wants predictability.

InsideEVs

Trump's Manly Tariffs

Plus: Supreme Court in a holding pattern, NYC acts like money grows on trees, and more...

Reason

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Euronews

How a false headline about a tariff 'pause' triggered a wild stock market jump

US markets briefly surged on Monday amid false rumours that President Donald Trump was mulling a 90-day pause on tariffs, before they plunged again. Euroverify investigates.

Salon

Fake tariff news causes market whiplash

A single post from a verified account on X caused the market to surge and then fall within minutes

Latin Times

Trump Official Tells Investors Not to 'Panic' As He Stands Next to Graphic of Stock Markets Projected in the Red

Peter Navarro told investors not to "panic" over Donald Trump's tariffs while markets plunged, insisting he saw a "beautiful situation" on the horizon.

Fortune

Wharton's Jeremy Siegel calls Trump's tariffs the 'biggest policy mistake in 95 years'

“I don’t know why Trump didn’t learn the lesson of the Smoot-Hawley tariff,” he said.

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news in one place.

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Motor1

So It Begins: Stellantis Idles Canada, Mexico Plants Over Tariffs

Just one day after the Trump administration announced its finalized plans for a 25 percent import tariffs on cars, and on the same day those tariffs go into effect, Stellantis announced it's pausing production at Canada and Mexico plants. CNBC reports that Stellantis will idle the Windsor, Ontario assembly for…

The Independent UK

CNBC reporter trashes Trump for ‘made-up’ tariff rates: ‘Nobody ever heard of this formula!’

‘Nobody has ever used this formula. So I’m sorry, but the conclusion seems to be that the president kind of made this up as he went along. He made it up,’ Steve Liesman said on Thursday

Salon

Stocks plummet over Trump tariffs

The scale of Trump's tariffs far exceeded what many investors were bracing for

Latin Times

Trump Mocked for Claiming Tariffs Would Have Prevented Great Depression: 'Make Everyone Poor Again'

The internet is mocking President Donald Trump for boasting about his impending tariffs, which experts say will do the opposite of grow the economy.

Barchart

Tesla Just Posted Its Worst Deliveries in More Than 2 Years. Should You Sell TSLA Stock ASAP or Buy the Dip?

Tesla delivered 336,681 EVs in Q1 versus 365,000 expected. Still, analysts continue to see upside in TSLA shares.

MarketBeat

Buffett Trims Equities, But Still Keeps Buying This Stock

Warren Buffet has been buying shares of this company since 2019 and Berkshire Hathaway owns 28.2% of the company with its @12.3 billion stake and 265 million sh

Latin Times

Republican Lawmaker Insists Trump 'Wasn't Advocating' for Third Term Despite Saying He 'Was Not Joking' About Another Run

Ohio Senator Jon Husted brushed off President Donald Trump's comments about running for a third term during a CNBC interview on Monday.

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