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The European Union braces for more U.S. tariffs despite talks

In this photo illustration, a double exposure images shows U.S. President Donald Trump against the EU flag. Sopa Images | Lightrocket | Getty Images The European Union is preparing for more tariffs from the United States, despite conversations with the U.S. President Donald Trump’s administration earlier this week. It’s been an intense back-and-forth over the … Read more

Crypto braces for Trump’s tariff announcment: what to expect

Markets are preparing for volatility ahead of President Donald Trump’s tariff announcement, with Bitfinex analysts warning that the final details could trigger either a relief rally or a deeper correction across crypto and equity markets. U.S. President Donald Trump is set to reveal his “Liberation Day” tariff plan at 4 p.m. ET, potentially altering decades … Read more

Europe’s pharma industry braces for tariffs as carve-out hopes fade

SEIZED OZEMPIC, WEGOVY AND OTHER WEIGHT LOSS DRUGS AT JFK AIRPORT’S INTERNATIONAL MAIL FACILITY. CNBC COPENHAGEN, Denmark — Europe’s pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by U.S. President Donald Trump fade. The pharmaceutical industry has until now been exempt from trade levies, but Trump … Read more

GM reports robust first quarter sales as industry braces for tariffs

SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images General Motors and other automakers are reporting notable increases in their first quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs that are set to take effect this week. GM … Read more

Liberation Day USA 2025: Crypto Market Braces For Trump Tariff Nuke

The April 2 Tariff Announcement, also dubbed ‘Liberation Day USA 2025’ by President Trump, is shaping up to be a bloody day in global trade history. This event marks the rollout of a controversial reciprocal tariff strategy that aims to redefine America’s trading relationships with key partners. Here’s what will happen: EU and Canada retaliatory tariffs on the … Read more

The National Institute of Standards and Technology Braces for Mass Firings

Sweeping layoffs architected by the Trump administration and the so-called Department of Government Efficiency may be coming as soon as this week at the National Institute of Standards and Technology (NIST), a nonregulatory agency responsible for establishing benchmarks that ensure everything from beauty products to quantum computers are safe and reliable. According to several current … Read more

Los Angeles braces for ‘explosive fire growth’ as high winds near

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Los Angeles was braced for near “hurricane force” winds on Monday that weather forecasters said could fan the devastating wildfires that have swept across southern California as damage estimates mounted. As firefighters struggled to contain … Read more

Fires threaten more neighbourhoods as LA braces for high winds

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. New fires in Los Angeles have forced evacuation orders in the upscale Brentwood and Bel Air neighbourhoods, as the region braces for heavy winds that could create more problems for emergency responders fighting multiple blazes … Read more

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