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The Latest Breaking News on Eight charts that reveal the economic impact of Trump’s tariffs

Eight charts that reveal the economic impact of Trump’s tariffs

The tariffs have hit dozens of economies, representing the biggest disruption to global trade in decades.

Al Jazeera

Shark Tank's Kevin O'Leary Urges Trump to Escalate Tariff Standoff With China Even Further: 'Its Time to Squeeze'

Kevin O'Leary urges the U.S. to impose 400% tariffs on China, accusing the government of rampant intellectual property theft.

International Business Times

How to Trade a Tariff Tantrum: Barchart Experts Weigh In

After a historically volatile week for U.S. stocks, here’s some insight on how investors should assess the markets now.

Barchart

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Trump promotes Jamie Dimon interview after JPMorgan CEO predicts tariffs will ‘likely’ cause recession

‘Fixing Trade and Tariffs is a good thing!’ Donald Trump quoted Jamie Dimon from a Fox interview, failing to note that the JPM chairman warned of a ‘likely’ recession

The Independent UK

Americans stockpile basic goods as Trump’s tariffs come into force: ‘We saw this during Covid’

Most Americans now expect prices to rise after Trump began a global trade war

The Independent UK

Trump says pharmaceutical tariffs are coming ‘very shortly.’ How will this impact the price of drugs?

‘We're going to be announcing very shortly a major tariff on pharmaceuticals. And when they hear that, they will leave China,’ president says at Republican fundraiser

The Independent UK

Trump Tells US To 'Be Cool' As China, EU Strike Back

US President Donald Trump brushed off global market panic Wednesday after China and the European Union announced retaliatory tariffs, telling Americans to stay "cool" despite his spiraling trade war.

International Business Times

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Ted Cruz Urges Trump to 'Take the Deal' Instead of Using Tariffs as Long-Term Strategy: 'Actually Work to Lower Tariffs'

Texas Sen. Ted Cruz reiterated his hope that the Trump administration leverages its "Liberation Day" tariffs as a short-term negotiating tool.

Latin Times

I’ve seen many phoney trade wars come and go. This is the real thing

This battle between the US and China goes far beyond market turmoil – it has killed off the liberal dream of a borderless world, says Guardian columnist Larry Elliott

The Guardian - UK

The pursuit of ‘lean’ operations has left companies mercilessly exposed to the tariffs chaos

The efficiency-driven supply chain models that once represented operational excellence are suddenly a liability.

Fortune

Jamie Dimon tells Maria Bartiromo that recession is ‘likely’ and he expects defaults amid trade war

The JP Morgan Chase chairman also said that ‘sticky inflation’ will not go away anytime in the near future

The Independent UK

US stocks surge after Donald Trump announces 90-day pause on tariffs

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Euronews

Two visions within Trump world are battling for primacy. Which will win?

The second Trump administration was backed and is staffed by two major – and widely differing - ideological projects

The Guardian - US

US Treasury Chief Defends Tariffs, Warns Against Aligning With China

US Treasury Secretary Scott Bessent warned countries Wednesday against aligning with China on trade, as he defended President Donald Trump's move to remake the world's biggest economy through sweeping tariffs that have stoked market turmoil.

International Business Times

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Evening Standard

UK-US deal or eased tariff rates ‘won’t be enough’ for Britain, Starmer warns

Ministers including Chancellor Rachel Reeves have stressed the UK must look elsewhere to improve relations with other countries aside from the US.

Latin Times

Trump Admin is Leaving Countries Looking to Negotiate on Read, Nations Claim

Donald Trump said the purpose of the tariffs is getting countries to the negotiating table, but many are saying their requests are not being answered

Euronews

Why Trump’s tariffs are a serious threat to the German car industry

US tariffs are affecting up to €67bn of EU automotive industry exports, the majority of which are coming from Germany. BMW, Volkswagen and Mercedes must choose between pausing shipments or absorbing tariff costs.

The Independent UK

Businesses braced for ‘nosedive’ in consumer confidence amid Trump’s new tariffs

UK firms are facing uncertainty over how the changes will impact their business.

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Latin Times

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

Who Are The Conservative Influencers Now Questioning Trump Over Tariffs

Conservative influencers like Ben Shapiro and Dave Portnoy are among those voicing doubts about Trump's rationale to impose tariffs around the globe

Euronews

China imposes 84% tariff on US goods as Trump trade war escalates

Beijing will raise tariffs on US goods from 34% to 84% starting on Thursday, an action that follows the US increasing tariffs on Chinese goods and tensions over trade policies.

The Independent UK

‘High people ideas’: Dave Chappelle’s scathing take on Trump’s policies goes viral as trade war escalates

Eight years ago the comedian gave his verdict on Trump’s approach to international relations - and it is being shared again after the president declared economic war on the world

Fortune

Liquidity crisis fear dominates the markets as bonds sell off

Also: Trump is losing the brosphere, Musk has gone to war against Navarro.

People

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