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Reuters |
Traders swept back into safe havens like the yen and Swiss franc and sold the Australian dollar on Thursday, after U.S. President Donald Trump ramped up his trade war against China even as he abruptly...
Reuters |
Gene Seroka, executive director of the busiest U.S. seaport and a key China import gateway, joined a chorus of executives warning that the U.S. trade war could choke imports.

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The Latest: The EU to put tariffs on hold for 90 days to match Trump’s pause
The European Union’s executive commission said Thursday it will put its retaliatory measures against new U.S. tariffs on hold for 90 days to match President Donald Trump ’s pause on his sweeping new tariffs and leave room for a negotiated solution.
Trump’s tariffs pushed the U.S. uncomfortably close to a financial crisis before pause
The bond market movements raised fears that investors were ditching U.S. government bonds amid a gathering panic over Trump’s assault on global trade.
Dollar weakens as dust settles on Trump's shock tariff pause
The dollar fell across the board on Thursday, losing ground particularly against safe havens but also more risk sensitive currencies, as traders tried to assess where they stood after Wednesday's dramatic tariff announcement.
Trump's escalating tariffs threaten to reverse US import boom
U.S. container imports rose 11% year over year in March, continuing this year's outsized monthly gains, but U.S. President Donald Trump's escalating tariffs are dimming the outlook for later this year,
US corporate bond market dries up on Trump tariff volatility
U.S. corporate bond market issuances have dried up after opening for just one bond offering on Tuesday, as spreads in the week after President Donald Trump's sweeping tariffs widened the most since the 2023 regional banking crisis.
US dollar rebounds against safe-haven currencies after Trump pauses tariffs
The U.S. dollar rebounded against safe-haven currencies including the yen and Swiss franc on Wednesday after President Donald Trump announced a 90-day pause on many new tariffs on trading partners, but escalated a confrontation with Beijing by hiking duties on Chinese goods.
Reporter's Notebook: House scrambles to align with Senate on framework for Trump's 'big, beautiful bill'
As the House and Senate work to pass Trump "big, beautiful bill," Speaker Mike Johnson faces trouble in the House as rebel GOP members create hurdles for him to overcome.
Trump Tariff Pause Delays EU Retaliation for 90 Days: Live Updates
The EU halted $23B in tariffs after Trump eased trade duties, pausing new levies for 90 days as markets recover. Follow Newsweek's live blog.
Business leaders from Bill Ackman to Mark Cuban react to Trump's tariff pause
Donald Trump paused some tariffs from going into effect Wednesday, sending ripples through the business community.
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Trump U-turn may have saved stocks, but ECB council member says U.S. is killing world confidence in the Dollar: ‘Thank God Europe created the Euro’
The head of the Bank of France says America's USP of 'constancy' is at risk from Trump's erratic trade decisions.
What to Expect After Trump’s Tariff About-Face
Global markets are rallying on President Trump’s decision to pause most of his sweeping levies. But investors remain unsettled, especially as Washington and Beijing face off.
U.S. Futures Point to Pullback From Trump Pause Rally
Trump announced a 90-day pause on reciprocal tariffs for some countries while raising tariffs on China to 125%. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Audi’s Best-Selling SUV Unsellable in US Thanks to Trump Tariffs
The Audi Q5 is the German brand’s top-selling vehicle in the US. It’s also a prime example of how Donald Trump’s drastic reordering of global trade is wreaking havoc on automakers.
'Trump's tariffs took us by surprise'
The tariffs came into force shortly after midnight on Wednesday, with China now facing a levy of 125% after retaliating to Trump's increases. Ben Wearmouth, export sales manager at Bott Ltd in Bude, Cornwall,
Why Trump Blinked on Tariffs Just Hours After They Went Into Effect
Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.
Republican Questions Mike Johnson's Plan to Pass Trump Budget Bill
Florida Representative Byron Donalds expressed a lack of confidence in the Senate after a House vote on a budget bill was delayed.
The Biden administration gave TSMC billions to build its semiconductors in the U.S., but Trump says he threatened 100% tariffs and got the company to double down
President Trump said during an event Tuesday that chipmaker TSMC pledged an additional $100 billion to build semiconductors in the U.S. after he threatened the company with tariffs of up to 100%. The company had already pledged $65 billion to make chips in the U.
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