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Markets continued to see-saw on Tuesday as Trump administration officials tried to calm anxious investors. The latest to try to reverse recent volatility was Commerce Secretary Howard Lutnick, who appeared on CNBC to hint at a possible trade deal. “I have a deal done, done, done, done, but I need to wait for their prime … Read more
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC The White House on Tuesday confirmed plans for the Trump administration to soften the impact of automotive tariffs, as the … Read more
Negotiations between Japan and the U.S. are underway in Washington, in the first real test of whether U.S. President Donald Trump’s “Liberation Day” tariffs will lead to new trade deals. Trump, posting on social media on Wednesday, seems happy with talks so far. “A Great Honor to have just met with the Japanese Delegation on … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Global equity markets rebounded on Monday despite US warnings that a tariff reprieve for some consumer electronics would be temporary, as investors hoped tech groups and American consumers might be spared the worst … Read more
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Startups aren’t isolated from the world. But this week, funding news felt positively uncorrelated from the overall news cycle, offering somewhat of a reprieve — or perhaps … Read more
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — with the expectation that automakers will move any offshore operations to the United States by April 2. The reprieve, which Politico first reported, … Read more
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — according to Politico. The reprieve comes less than two days after Trump issued 25% tariffs on all goods from the U.S.’s neighbors, which … Read more
The Dow Jones Industrial Average tumbled 644 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%. Read More
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every … Read more
An Indian tribunal on Thursday suspended restrictions that would have barred WhatsApp from sharing user data with its parent company Meta, delivering a significant victory for Mark Zuckerberg’s social media empire in its largest market by users. The ruling by the National Company Law Appellate Tribunal temporarily lifts a five-year ban imposed by India’s antitrust … Read more
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