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Morning News: April 14, 2025
Posted by Eddy Elfenbein on April 14th, 2025 at 7:01 amEU Top Diplomat Hails Progress in Finding Ammunition for Ukraine
The Former C.I.A. Officer Capitalizing on Europe’s Military Spending Boom
China’s Trade War Leverage Over US Becomes Clearer
A Devastating Trade Spat With China Shows Few Signs of Abating
China Halts Critical Exports as Trade War Intensifies
At China’s Wholesale Hub, U.S. Orders Have Suddenly Halted. One Example: Socks.
Why Wouldn’t China Weaponize Its $760 Billion Treasury Holdings?
Italian Tycoon Eclipses BlackRock in Li Ka-shing’s Port Deal
Trump’s Tariffs Leave No Safe Harbor for American Importers
Trump Has Added Risk to the Surest Bet in Global Finance
Weak Dollar Wishes Are Scary When Granted
Stock Market’s Extreme Moves Portend Lasting Trouble for Traders
Volcker’s Lessons for Restoring Dented US Credibility
The Treasury Secretary Is Wrong About How Most Retirees See the Stock Market
Tether Emerges as Major Crypto Lender Since Collapse of Sector
Goldman’s Stock Traders Ride Volatile Markets to Record Quarter
Citigroup Turns Cold on US Equities, Joining Wall Street Peers
Brookfield Has Billions Riding on a Private Equity Revival in the Middle East
Most CEOs Were Doubting Their Boards Even Before Trump’s Tariff Turmoil, Survey Finds
Elon Musk and the Dangerous Myth of Omnigenius
Cuban Exiles Are Losing Their Privileged Migration Status Under Trump
This Company’s Surveillance Tech Makes Immigrants ‘Easy Pickings’ for Trump
Trump Warns Tariffs Coming for Electronics After Reprieve
Tim Cook’s ‘Long Arc of Time’ Prepared Apple for the Trade War
Intel Close to Unveiling Deal to Sell Altera to Silver Lake
Trump Wants to Reverse Coal’s Long Decline. It Won’t be Easy.
The New Technologies Buoying Efforts to Cut Ship Emissions
RFK Jr. Needs to Explain Himself
Pfizer Abandons Obesity Pill After Liver Injury in Setback
DaVita Says Ransomware Attack Affecting Some Operations
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Morning News: April 11, 2025
Posted by Eddy Elfenbein on April 11th, 2025 at 7:02 amWhy Should Iran Believe Anything the US Threatens or Promises?
China Raises Tariffs on U.S. Imports to 125%, Calling Trump’s Policies a ‘Joke’
The U.S. and China Are Going to Economic War—and Everyone Will Suffer
How This Trade War Is Different From All Other Trade Wars
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
German Finance Chief Sees Chance for Stronger Euro Role in Trade
Gold Price Forecasts Raised as Rally Continues
Treasuries Are Trading Like Risky Assets in Warning to Trump
Markets Worry About Finding an Exit From Trump’s Trade Fight
Undaunted Retail Investors Bruised by S&P 500’s Big Reversal
Warren Urges S.E.C. to Investigate Trading Around Trump’s Tariff Pause
Trump Puts Wall Street Leaders in Tight Spot
JPMorgan’s Stock Traders Notch Record Revenue on Market Chaos
Wells Fargo Beats Profit Estimates but CEO Warns Tariffs Could Slow Growth
Morgan Stanley’s Profit Beats on Strength in Wealth, Equity Trading Units
BlackRock Net Income Falls, Assets Hit Record $11.6 Trillion
Hedge Fund Sculptor Joins Rush of Financial Firms in Abu Dhabi
CEOs Just Got a Lesson In How to Influence the White House
Relief at a Trade Hub on the Southern Border, but No End to Its Unease
Tariff Turmoil Will Continue Unless Congress Steps In
A Look at Revenue Sources to Pay for US Tax Cuts
Tesla Stops Taking Orders in China for Models Imported From the US
Europe’s Offshore Wind Industry Needs a Lifeline
Tariff Uncertainty Is Punishing California Almond Growers
California Can Fend Off Trump’s Climate Attack. Cities Might Not
GSK CEO Says She’s Already Tariff-Proofing Britain’s Global Drugmaker
LG and Samsung Are Pioneering the Netflix Model for Home Appliances
Who Wants to Run Vanity Fair? Everyone? Anyone?
Twinkies’ New Owner Courts a Novel Group of Snackers: Stoners
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Morning News: April 10, 2025
Posted by Eddy Elfenbein on April 10th, 2025 at 7:05 amRBA Governor Says It’s Too Early to Set New Rates Course
Philippine Central Bank Resumes Rate Cuts
German Economic Institutes Slash 2025 Growth Forecast as Tariffs Bite
Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause
Trump Tariff Concerns Still Weigh on Dollar, US Futures
EU to Halt Counter-Tariffs After Trump Sets 90-Day Pause
After Tariff Climbdown, World Asks: Is it Method or Madness?
Trump’s Trade Math Ignores a Major Export: American Services
Trump’s Encouragement of Stock Investors Draws Scrutiny
From ‘Be Cool!’ to ‘Getting Yippy’: Inside Trump’s Reversal on Tariffs
Bully or Chicken — Playing Trump With Game Theory
This US Import Rule Shows How Global Trade Went Wrong
Sell-Off in U.S. Bonds and Dollar Raises Questions About ‘Safe Haven’ Status
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
Fed Leans Against Inflation and Away From Preemptive Rate Cuts
How to ‘Recession-Proof’ Your Portfolio During Trump Tariffs, According to Experts
How Financial Tech and Outsourced Banking Made Saving Risky Again
China to Curb Imports of U.S. Films in Response to Trump Tariffs
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
What to Know About the Latest China Tariffs and What They Mean for Prices
China Says Its Own Consumers Will Save the Day. But They’re Not Buying.
More Americans Are Making Only Minimum Payments on Credit Cards
House Delays Vote on Tax-Cut, Debt Limit Plan Amid Deficit Spat
US Defense Is Collateral Damage in the Trade War
Copper Industry Takes Sanguine View on Tariffs at Chile Summit
Tesla Supplier STMicroelectronics Backs CEO After Italy Criticizes Management Amid Board Feud
BMW Deliveries Slip on China Weakness, Despite Strong Quarter in Europe and U.S.
Chicago Hot Dog Eatery Portillo’s Slims Down Menus to Expand Nationally
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Morning News: April 9, 2025
Posted by Eddy Elfenbein on April 9th, 2025 at 7:03 amIndia’s Millions of New Investors Are Reeling From Tariff Turmoil
China Condemns American ‘Protectionism’
Stocks Tumble as China Retaliates With 84% Tariff on US Goods
European Officials to Vote Today on First Retaliatory Tariffs
ECB Should Cut Key Rate as Euro Stages Surprise Rally, Villeroy Says
Tectonic Shifts in Global Trade Represent New Risk, Says Russian Central Bank
One of America’s Biggest Ports Fears a Cargo Slump Is Next
Trump Says Pharmaceutical Tariffs Coming ‘Very Shortly’
India’s Drug Makers Shudder as Trump Again Threatens Tariffs
Dalio Sees Once-a-Lifetime Collapse in Economic, Political Order
Treasuries ‘Fire Sale’ Sends Long-Term Yields Soaring Worldwide
U.S. Bond Sell-Off is Another Worrisome Echo of the Liz Truss Fiasco
A Severe Test Lies Ahead for the Federal Reserve
Shadow Banks Are Too Big to Stay in the Shadows
Big Banks’ Record Trading Streak Overshadowed by Tariff Upheaval
Trump Tariffs Threaten Spread of Big Batteries on the Power Grid
Five Takeaways From Trump’s Plan to Rescue Coal
How Trump Is Putting Law Firms in a No-Win Situation
A $12,800 Tariff Hit Has Some Homebuilders Eyeing Side Gigs
Apple Supplier Luxshare to Maintain Vietnam Production Hub to Support U.S. Market
Delta Pulls Outlook as Trump’s Trade War Squeezes Air Travel
Airlines’ Dreams of a Banner Year Are Over
Walmart Maintains Sales Forecast Despite Tariff Pressure
Volkswagen Vehicle Deliveries Rise Despite China Weakness
Gold Rolexes See Sharp Rise in Demand as Metal Hits Records
The Strange Case of an Hermès Heir, an Emir and a Deal Gone Wrong
Harry’s Razor Brand Seeks to Build a Consumer Goods Empire
Can Hobby Lobby, With Its Conservative Principles, Win Over New York?
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CWS Market Review – April 8, 2025
Posted by Eddy Elfenbein on April 8th, 2025 at 6:32 pm(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)
This has been the most raucous week on Wall Street since the Covid panic from five years ago. President Trump’s tariff policies have spooked investors all over the world. In two days last week, Thursday and Friday, the S&P 500 lost a combined 10.5%. If that loss had happened in one day instead of two, it would rank as the fourth worst loss of all time.
On Monday, the stock market had an especially volatile morning. In just eight minutes, the S&P 500 rallied 5.66%. It then promptly lost 4.37% over the next seven minutes. We’re talking about several trillion dollars magically appearing and disappearing during less time than a lunchbreak.
What happened? Well, that’s a good question. It appears that Kevin Hassett, the Director of the National Economic Council, was being interview on Fox News. During the interview he was asked if the president was considering a 90-day pause for his tariff policies. Hassett clearly gave a non-committal answer (“the president is going to decide what the president is going to decide.”)
Somehow someone on Twitter took that for a yes and tweeted it out. That was from a small account (less than 1,000 followers), but soon a much larger account known as “Walter Bloomberg” reposted it, and suddenly, this was taken as serious news on Wall Street.
I should add that Walter Bloomberg is not connected with Bloomberg, the financial news service. His tweet came out at 10:11 am and by 10:12 am, CNN reported that cheers erupted on the floor of the NYSE. I guess that’s a good barometer of how unpopular the tariffs are on Wall Street.
At CNBC, the anchors were completely baffled by the market’s surge and by 10:15 am, they were reporting on the news. Soon Reuters was referencing CNBC but they were only going on what Twitter was saying. Soon people were referencing people who were referencing people who were just making things up.
Here’s a minute-by-minute chart of the last five days for the S&P 500. You can really see how volatile Monday was:
The White House denied the reports and Walter Bloomberg deleted his tweet, but the damage was already done. This is a good reminder than Wall Street is a place where rumors and fake news can lead to very real panics. Financial markets are made up of normal people and they can be as volatile as anybody, if not more so, especially in the short run. It took some time yesterday for traders to realize they had been duped.
Between yesterday’s high and low, the Dow swung by nearly 2,600 points. Trading volume on Monday reached 29 billion shares which is an all-time record. The previous record was 26.4 billion shares which came on Friday.
Before the ruckus started, Wall Street was having a terrible day on Monday. At one point, shortly after yesterday’s open, the S&P 500 was trading down more than 4.7%. The market was on pace for its third awful day in a row. Measuring from the intra-day peak in February to Monday’s low, the S&P 500 lost 21.35%, making this an official bear market.
By no means will I suggest that the fear has subsided. Any big rally that starts below the 200-day moving average is considered guilty until it can prove its innocence.
This morning’s rally didn’t last either. The S&P 500 rallied by 4% then fell by 6%. Today was the fourth day in a row that the S&P 500 had a trading range of more than 5%. The S&P 500 finished the day at its lowest closing level since February 21, 2024.
Investors are still very concerned about the tariffs, and the White House is showing little signs of reversing course. The duty against China will be 104%. The tariffs are due to kick in at midnight tonight. These will be our highest tariffs since 1909; yes, even higher than Smoot-Hawley.
Every nation in the world will have a minimum 10% tariff plus half of their trade deficit. Saint Pierre and Miquelon, the two small French islands off the coast of Canada, now face 50% tariffs even though they exported a grand total of $3.4 million to us in 2023.
Treasury Secretary Scott Bessent said that 70 countries have approached the U.S. for tariff negotiations. There are hopes that a deal—any deal—can soon be reached, but there’s no concrete evidence that any deal is coming soon.
Name-calling has even broken out between Peter Navarro, a senior counselor to the president, and Elon Musk, the head of DOGE. Navarro said that Musk doesn’t make cars, he assembles them. In response, Musk called Navarro a “moron,” and “dumber than a sack of bricks.”
One of the points I’ve made about investing is that for the vast majority of the time, the stock market is pretty boring. Markets tend to go up slowly but consistently. Then, for a very brief period, markets throw a temper tantrum. In a very short time, stocks fall fast and hard.
We’re in such a period right now. In fact, we could be behind it already, but we can’t say for certain until after the fact. My guess is that we’re not done quite done yet. Today’s rally is nice, but I won’t fully trust this market until we’re well clear of the 200-day moving average.
The Jobs Market Is Still Healthy
Lately on Wall Street, there’s been a lot of talk about “hard” versus “soft” economic reports. By soft, we mean emotion-based reports like consumer confidence, economic surveys or even the stock market. By hard, we mean concrete data like jobs or industrial production. The soft reports have been quite weak, but the hard data is still holding firm.
I suspect that we’ll soon see some weakness in the hard reports. For example, I’ve always been a believer that the stock market plays a role in consumer spending. Happy stocks make for happy shoppers. When the Dow drops a few thousand points, folks get leery about buying big-ticket items.
On Friday, the Bureau of Labor Statistics released the March jobs report, a very hard data report, and it was mostly a good report. Bear in mind that this was before the stock market started to get nervous.
Last month, the U.S. economy added 228,000 net new jobs. Wall Street had been expecting a gain of 140,000. The unemployment rate ticked higher from 4.1% to 4.2%. I looked at the decimals and found that the real increase was only 0.013%.
The president posted on Truth Social, “GREAT JOB NUMBERS, FAR BETTER THAN EXPECTED. IT’S ALREADY WORKING. HANG TOUGH, WE CAN’T LOSE!!!”
The jobs gain for January was revised down 14,000 to 111,000. February was revised lower by 34,000 to 117,000. Average hourly earnings increased 0.3% last month. That was in line with the consensus.
For March, health care was the leading growth area, consistent with prior months. The industry added 54,000 jobs, almost exactly in line with its 12-month average. Other growth areas included social assistance and retail, which both added 24,000, while transportation and warehousing showed a 23,000 increase.
Federal government positions declined by just 4,000, despite the Elon Musk-led efforts, through the so-called Department of Government Efficiency, to pare the federal workforce. However, the BLS noted that workers on severance or paid leave are counted as employed. A report Thursday from consultancy firm Challenger, Gray & Christmas indicated that DOGE-related layoffs have totaled more than 275,000 so far.
The U-6 rate, which is a broader reading of unemployment, fell to 7.9%. Last month, full-time workers increased by 459,000, while part-timers fell by 44,000.
Tomorrow, the Fed will release the minutes from its most recent meeting. I’ll be curious to see how much they discussed the tariffs. On Thursday, we’ll get the CPI report for March. The last report showed that core inflation fell to a four-year low. Traders are closely divided on the need for two 0.25% Fed rate cuts coming by June. Or possibly, they see one 0.5% rate cut.
Get ready because Friday will also be the unofficial kickoff of Q1 earnings season. Several big banks and financial institutions such as JPMorgan, Bank of New York Mellon, Morgan Stanley, Wells Fargo and BlackRock are due to report. Expect the market to remain volatile.
That’s all for now. I’ll have more for you in the next issue of CWS Market Review.
– Eddy
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Morning News: April 8, 2025
Posted by Eddy Elfenbein on April 8th, 2025 at 7:04 amTrump’s Tariffs and China Collide to Shock the $115 Trillion Global Economy
China Vows ‘Fight to the End’ on Tariffs as It Props Up Markets
China Urges Shein to Halt Supply-Chain Shift After Tariffs
EU Chief and Chinese Premier Discuss Potential Oversupply of Goods
Panama Casts Doubt on BlackRock Canal Ports Deal Touted by Trump
Milei Tries Erasing Argentina’s History to Lure Foreign Investment
How Mexico Emerged From Tariff Broadside With an Edge Over Asia
Canada’s Economy Is Starting to Crack Under Trade-War Pressure
Market Chaos Could Inflict Its Own Economic Damage
US Stock Futures Rise as Dip Buyers Emerge After Selloff
US Bonds Stabilize After Choppiest Day of Trading in Five Years
The World Suddenly Has a Plausible Alternative to US Treasuries
Traders Bet ‘Insane’ Currency Volatility Is Here to Stay
Levin: Shaking Faith in US Safe Havens Is a Dangerous Gamble
El-Erian: The Fed Must Resist Repeating Past Mistakes
Felsted: This Market Slide Won’t End Until Companies Come Clean
CEOs Break Silence on Trump Trade War
Billionaires Seek to Take Companies Private Amid Market Mayhem
Auto Manufacturers Urge Leaders on Both Sides of Atlantic to Lower Tariffs
Continental Mulls Sale of ContiTech Business
BYD Guides for Strong Earnings in Move to Shore Up Market Confidence
American Whiskey Braces for Another Trump Trade War
Americans Have $35 Trillion in Housing Wealth—and It’s Costing Them
Apple’s Historic Selloff Has Bulls Balking From Tariff Risks
Why a Plane-Size Machine Could Foil a Race to Build Gas Power Plants
Microsoft’s Expensive Data Center Expansion Hits a Roadblock
Walgreens Tops Profit Estimates as Health-Care Unit Improves
Global Art Sales Fell by 12% Last Year, Report Says
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Morning News: April 7, 2025
Posted by Eddy Elfenbein on April 7th, 2025 at 7:06 amGlobal Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
After a Blowout Week, Wall Street Decision Makers Brace for More Chaos
Trump, Unbowed, Is Enacting Change on Scale Rarely Seen Before
Trump Says Tariffs Are Reciprocal. They Aren’t.
Trump Created an Economic Sinkhole. He Doesn’t Care
Wall Street Thought Trump Was One of Them. Wrong!
Jamie Dimon Warns Tariffs Will Raise Prices, Slow Growth
Eurozone Investor Sentiment Nosedives as Market Rout Intensifies
European Aerospace, Defense Stocks Plunge Amid Global Recession Woes
German Industrial Production Declines as Sector Braces for Tariffs
Europe Is Ready to Make Its First Countermove to Trump Tariffs
For This Frozen Fries Company, Trade Wars Are an Existential Crisis
Goldman Sachs Raises Odds of US Recession to 45%, Second Hike in a Week
Stagflation Is Now America’s Best-Case Scenario
How Global Trade Could Survive Trump’s Tariffs
China Tries to Downplay the Trade War’s Effects on Its Economy
China Discusses Accelerating Stimulus to Counter Trump Tariffs
‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
Tariffs Are Dragging Down Even Companies Without US Exports
Trump’s Trade War Raises Bar for Fed Rate Cuts
Trump Leaves Emerging Market Central Banks with No Clean Choices
Deutsche Bank Raises Average Gold Price Forecasts for 2025 and 2026
Demand for Dollars from Non-U.S Investors Surges as Stocks Crumble
Woodside to Sell 40% Stake in Louisiana LNG Infrastructure to Stonepeak
Shell Lowers Gas Production Guidance After Unplanned Maintenance Hit Volumes
LG Electronics Expects Lower Quarterly Operating Profit
Google AI Search Shift Leaves Website Makers Feeling ‘Betrayed’
What Luxury Sells in a Trade War? Not the Bold Designs Brands Were Banking On
How X Is Benefiting as Musk Advises Trump
Tesla Shares Plunge Below Lutnick’s ‘Never This Cheap’ Level
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
How Contracting Work Became a Race to the Bottom
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Morning News: April 4, 2025
Posted by Eddy Elfenbein on April 4th, 2025 at 7:01 amGerman Factory Orders Stagnated in February Despite Hints of Frontloading
European Bank Stocks Extend Losses From Tariff Fallout
Trump’s Threats and Tariffs Are a Global ‘Kill Switch’
A Market-Rattling Attempt to Make the American Economy Trump Always Wanted
To Trump, U.S. Economy Is a ‘Sick Patient’ and Tariffs Are the Cure
Americans Rush to Buy TVs, Soy Sauce, Lululemon Workout Gear
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
Trump Blocked America’s Front Door to China. Now He’s Closing Back Doors.
Will Trump’s Tariffs Drive Europe Into China’s Arms, or Into a Fight?
The Rest of the World Is Bracing for a Flood of Cheap Chinese Goods
Tariffs Drive Another Market Meltdown
That Smashing Sound Is Piggy Banks Around the World
After Tariff Shock, Trump May Weaponise Finance Against Allies
Traders Boost Bets on Fed Cuts as Jobs Data Adds to Market Angst
How to Protect Your Retirement Savings Now as Markets Plunge
One of the Fed’s Top Recession Alarms Sends 2008-Style Signal
Finance Needs to Be Prepared for the Unexpected
More People Are Bringing Lunch to Work. That’s a Bad Economic Indicator.
Billionaires Lose Combined $208 Billion in One Day From Trump Tariffs
Businesses Pounce as GOP Weighs Limiting Corporate SALT Break
Oil Slides to Four-Year Low on Hit From Tariffs and OPEC Supply
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Brookfield Buys Oil-Pipeline Firm Colonial Enterprises for $9 Billion
BP Chairman Helge Lund to Step Down Amid Push for Changes at Oil Major
E.U. Prepares Major Penalties Against Elon Musk’s X
Apple Plunges 9%, Leading a Tech Sell-Off
Mexican Minister Says Investment in Volvo Factory to Rise
Tesla Estimates Cut Further on ‘Unprecedented Brand Damage’
Hershey Strikes $750 Million Deal for LesserEvil Popcorn Brand
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Morning News: April 3, 2025
Posted by Eddy Elfenbein on April 3rd, 2025 at 7:02 amTrump Tariffs Aim to Bring Down Curtain on Era of Globalization
A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Trump’s Tariffs Aim to Create a New World Economic Order
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Southeast Asian Economies Brace for Critical Tariff Hit
How Might Central Banks React to Trump’s New Tariffs?
EU’s Von Der Leyen Vows Response to Trump’s 20% Tariffs
Trump’s Tariffs Pose a New Threat for Germany’s Stagnant Economy
Swiss Inflation Holds Steady as Tariffs Set to Buffet Economy
Trump Loathes VATs. Do They Really Put US Exporters at a Disadvantage?
‘It’s a Disaster’: Global Markets Slide After Trump Unveils Tariffs
US Stocks Bear the Brunt of Tariff-Induced Selloff
Tariff Worry Hits Dollar as Euro Jumps Most in Decade
Traders Bet on More Fed Cuts With 10-Year Yield Headed Toward 4%
Commodities Hit as Trump’s Tariffs Threaten Demand and Economy
How Trade Wars Impact the Green Transition — What We Know So Far
Who, Exactly, Is Trump Liberating With Tariffs?
Tariffs Are Just Tip of the Iceberg for Panicked CEOs
Trump’s $1.6 Trillion Corporate Pledge Parade: What’s Real, What’s Not
Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
China Says It Has Agreed to EV Tariffs Negotiations With EU
Microsoft Pulls Back on Data Centers From Chicago to Jakarta
Makers of Sporting-Goods Tumble After U.S. Tariffs on Key Manufacturers
Cayman Islands Builds $74 Billion Insurance Hub That Irks Apollo
Trump Maneuvers for a TikTok Deal While China Waits Silently Off Stage
Pinduoduo to Invest More Than $13 Billion Over Three Years to Support Merchants
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Morning News: April 2, 2025
Posted by Eddy Elfenbein on April 2nd, 2025 at 7:05 amTrump Is Set to Unveil Expansive Global Tariffs
How ‘Liberation Day’ Might Go Down
Here’s How Former USTR Tai Will Scrutinize Trump Tariff Day
China’s Tariff-Dodging Move to Mexico Looks Doomed
A Canadian Company’s Tariff ‘Double Whammy’ Highlights Trouble for the Economy
Could Tariffs Raise $700 Billion a Year? Not Without Pain
U.S. Factory Activity Retreated in March on Tariff Concerns
An American Mine Still Has Millions of Tons of Copper, If Companies Can Get to It
Wall Street Is Rewriting Its Energy-Sector Playbook
US-Led Cooperation Beats Conflict Every Time
Investors Bet Clarity on Tariffs Will Bring Stability to Markets
Goldman Picks Yen as Top Hedge Against US Recession, Tariff Risk
Wall Street Trading Desks Warn S&P 500 Selloff Will Get Worse
Michael Bloomberg: America Is Headed for a Grim Fiscal Reckoning
Consulting Giants Offer Billions in Cuts to Federal Contracts. It Might Not Be Enough.
Inside Elite Law Firms, Protests and Quitting After Trump Deals
Visa Bids $100 Million to Replace Mastercard as Apple’s New Credit Card Partner
Tesla Sales Are Slumping, Even in the Most E.V.-Friendly Place
A Big Coal Plant Was Just Imploded to Make Way for an AI Data Center
Trump Set to Meet With Top Aides to Decide TikTok’s Fate
More Americans Can’t Afford Medical Care, Gallup Poll Finds
Walmart Keeps Price Pressure on Suppliers After Beijing Pushback
Ben & Jerry’s Co-Founder Calls on Unilever to ‘Set Us Free’
Chuck Todd Wants You to Meet the Pods
Tinder’s Flirting AI Chatbots Play Hard to Get
The Hottest Denim Brand of the ’00s Turns to Hip-Hop for Its Resurrection
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