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The Latest Breaking News on Did Trump really ‘exempt’ Chinese phones, chips from tariffs?

Did Trump really ‘exempt’ Chinese phones, chips from tariffs?

Trump only rolled back tariffs imposed since April 2. Laptops, phones and semiconductors still face hefty levies.

Al Jazeera

Stocks Rally on Hopes of Softer US Tariff Policies

The S&P 500 Index ($SPX ) (SPY ) today is up +1.73%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.88%. June E-mini S&P futures (ESM25 ) are up +1.71%, and June E-mini Nasdaq futures...

Barchart

Trump claims he wants to boost American manufacturing. But the industry is already in chaos over his tariffs

Trump trade policies created an ‘unwillingness to work with American companies,’ U.S. coffee grower says

The Independent UK

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

US markets: Tech stocks rise higher and investors watch earnings

The tech sector emerges as a champion in Monday morning trade as investors navigate the ever-changing tariff landscape and a myriad of earnings reports.

Euronews

Can China use US debt in its tariff war against Trump?

China is the second largest holder of US debt and could, theoretically, dump it to devalue the dollar.

Al Jazeera

‘Severe strain’ on tech supply chains will cause more price rises in electronics

Experts say the ongoing uncertainty around Donald Trump’s tariff policy is forcing firms to put prices up – as Sony announced PS5 price rises.

Evening Standard

Stocks Climb as President Trump Exempts Consumer Electronics from Reciprocal Tariffs

The S&P 500 Index ($SPX ) (SPY ) today is up +1.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.26%. June E-mini S&P futures (ESM25 ) are up +1.22%, and June E-mini Nasdaq futures...

Barchart

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Whiplash

Plus: Rat buffet, critiquing the abundance agenda, arson at the Pennsylvania governor's mansion, and more...

Reason

First Thing: Deep confusion as Trump signals new tariffs on smartphones and computers

President says he will lay out new levies on Monday and relief on electronics will be short-lived. Plus, the rise of end times fascism and how to defeat it

The Guardian - UK

The CEO of one of Thailand’s leading manufacturers says his customers are rushing to stock up during Trump’s tariff pause

Victor Cheng, CEO of Delta Electronics Thailand, affirms that it’ll be his U.S. customers, not him, who will pay Trump’s tariffs.

Fortune

3 Recession Resistant Stocks as Tariff Battles Ramp Up Risk

See these three stocks that could serve as hiding spots if a recession comes to pass. Tariff policies are raising worries that a recession is on the table.

MarketBeat

Xi Jinping Says China 'Not Afraid' as Beijing Hits Back With 125% Tariffs on US Goods

China hits US goods with 125% tariffs as Xi Jinping says the nation is "not afraid" of American pressure.

International Business Times

UN calls on Trump to exempt poorest countries from ‘reciprocal’ tariffs

Unctad says many countries targeted with high tariff rates are unlikely to be a threat to US

The Guardian - UK

Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides

Effects could tip one into recession and undermine other’s fragile economy but prospects for rapprochement are not hopeless

The Guardian - UK

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news in one place.

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Evening Standard

Retailers warn Chinese sellers ‘dumping’ goods on UK marketplaces

The boss of Currys said there are early signs that stock meant for the US is already being diverted to the UK.

Reason

Even on Pause, Trump's Trade War Runs Up a Big Price Tag

Predictions vary as to the ultimate cost, but there’s no doubt that tariffs create economic pain.

Fortune

Chinese President Xi Jinping kick-starts his 3-nation Southeast Asia tour as Trump flip-flops on tariffs

Xi arrived in Vietnam on Monday, and will visit Malaysia and Cambodia later this week. His visit comes just days after Trump put a 90-day pause on reciprocal tariffs.

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