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The Latest Breaking News from Donald Trump

JPMorgan now predicts a 60 percent chance of a recession this year as Trump’s tariffs rock stock market

The Dow Jones fell 1,000 points at opening on Friday as investors reels from Trump’s tariff announcement

The Independent UK

Nintendo's Switch 2 pre-orders delayed by Trump tariffs — June 5 launch date still on schedule

Nintendo indefinitely delayed the start of its pre-orders in the U.S. after President Trump's tariff announcements.

Tom’s Hardware

Are Trump's Tariffs Constitutional?

The International Emergency Economic Powers Act does not authorize the president's imposition of tariffs, a lawsuit alleges.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Jerome Powell says Trump tariffs are 'likely to raise inflation' —and the effects could last a while

"Higher inflation and slower growth" are likely to be here a while, the Fed chair said Friday.

Fortune

Trump claims Starmer is ‘very happy’ with 10% tariffs on nearly all UK exports

Trump insists Starmer ‘very happy’ with tariffs as UK prepares for retaliation

The Independent UK

Microsoft's AI division head wants to create a lasting relationship between chatbots and their users

Fifty years after the founding of Microsoft, the CEO of its artificial intelligence division has a big task: develop a new product line as integral to daily life as the software giant’s past innovations

The Independent UK

ICE to temporarily release detained migrant so he can donate kidney to his brother

José Gregorio González has reportedly been granted humanitarian parole to ‘save his brother’s life’

The Independent UK

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FTSE 100 suffers worst day of trading since pandemic in Trump tariffs fallout

Trading has been hammered in the aftermath of the US introducing more import taxes on countries around the world.

Evening Standard

Nintendo has delayed Switch 2 pre-orders in the US 'to assess the potential impact of tariffs' and it feels like a straight warning of the hardware price rises to come

One of the horsemen of the hardware pricing apocalypse?

PC Gamer

Fed Chair Powell Says Impact of Tariffs Are 'Significantly Larger Than Expected' As Trump Calls Him To Cut Rates

Fed Chair Jerome Powell said the impact of Trump's tariffs are "significantly larger than expected" and that the central bank's job is to prevent them from boost inflation

Latin Times

Trump Boosts Claim That He's Crashing the Stock Market 'On Purpose' Days After Announcing Tariff Plan

On Friday, Trump shared claims that he is intentionally crashing the stock market in what one called "a wild chess move," within his "genius" economic strategy.

Latin Times

Federal officials are quietly terminating the legal residency of some international college students

A crackdown on foreign students is alarming college leaders, who say the Trump administration is using new tactics and vague justifications to push some students out of the country

The Independent UK

Trump’s tariffs will likely mean ‘higher inflation and slower growth’, says Fed chair

While the US economy remains robust, Jerome Powell cautions there is high uncertainty over its direction

The Guardian - US

US prepares for deadly floods with many National Weather Service offices understaffed

Dangerous weather comes after Trump administration job cuts left nearly half of offices with 20% vacancy rates

The Guardian - US

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The Independent UK

The $2,300 iPhone: Apple products could increase dramatically in price because of Trump tariffs, experts say

Most companies, including Apple, are yet to give clear information on what tariffs might mean for prices or profits

The Independent UK

Federal Reserve chair Powell predicts tariffs will spike inflation and slow economic growth

Powell’s warning comes as President Donald Trump urges the fed to slash interest rates

The Independent UK

How tiny Lesotho ended up with the highest US tariffs in the world

U.S. President Donald Trump's tariffs have struck among others the small southern African kingdom of Lesotho, one of the world's poorest nations

International Business Times

US Fed Chair Warns Tariffs Will Likely Raise Inflation, Cool Growth

US President Donald Trump's tariffs risk higher unemployment and will likely cause inflation to rise and growth to slow, Federal Reserve Chair Jerome Powell said Friday.

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news in one place.

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International Business Times

TikTok Faces New US Deadline To Ditch Chinese Owner

TikTok on Friday was hours from a deadline to find a non-Chinese owner or face a ban in the United States.

Radio France Internationale

As Europe pours money into defence, reliance on US remains a sticking point

Tensions with the United States are rising as Europe draws up plans to spend hundreds of billions of euros on defence. EU leaders say the bloc must prepare to rely less on American military support, but Washington has warned against shutting US arms makers out of future contracts. Analysts say…

The Conversation

Consumers are boycotting US goods around the world. Should Trump be worried?

As politicians around the world scramble to respond to US “liberation day” tariffs, consumers have also begun flexing their muscles. “Boycott USA” messages and searches have been trending on social media and search engines, with users sharing advice on brands and products to avoid.

Capital & Main

In Democratic New Mexico, Oil and Gas Legislation Doesn’t Pass

Sixty days and 1,182 bills later, state legislators take a pass on oil and gas reforms.

Reason

White House Cites Tariff Reports That Undermine Its Own Claims

Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.

Tom’s Hardware

China strikes back at Trump with 34 percent tariff — bans some rare earth exports to the U.S.

China applied a 34% tariff on all goods coming from America., as well as banning the export of seven rare earth metals to the U.S.

Roll Call

Democrats criticize Trump’s firing of National Security Agency director - Roll Call

Air Force Gen. Timothy Haugh was ousted after President Donald Trump met with right-wing activist Laura Loomer.

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