US EditionFive things you need to know, and a last echo of a tech legacy
- In early April 2025, the Trump Administration declared tariffs to address global trade imbalances.
- The administration aimed to counter trade practices seen as unfair and bring production back to the U.S.
- The tariffs, including a blanket 10% tariff, caused increased costs for goods and supply chain disruptions.
- After market declines, including a 15% S&P 500 drop, Trump paused tariffs on April 9 for 90 days.
- Analysts predict continued market fluctuations as trade tensions simmer and investors watch consumer data.
Squawk Pod
Daily Business, Investing podcast from CNBC
Daily Business, Investing podcast from CNBC
Squawk Pod: Wall St Hits Main St, Neel Kashkari & China Strikes Back 4/11/25
CNBC Television examines Trump’s 125% tariff on China and its role in escalating trade tensions.
60 Articles
60 Articles
Five things you need to know, and a last echo of a tech legacy
Good morning, Boston. Here are the five things you need to know in local business news to start your Friday. The roller-coaster ride of Trump tariffs continued yesterday as the president hiked tariffs on China once again, sending stocks for many Massachusetts companies down the chute after a brief recovery the day prior. Eli Lilly and Co. continues to expand its reach in the local life sciences industry, this time with a $41 million investment …
World Steel's 'Save Yourself' Against Trump: "Rates threaten to flood Europe's foreign product, disaster is assured"
Washington's barriers will push exporting countries with much lower production costs than their European competitors to redirect their production to the Community market Read
Morning ‘Jackass’ Scarborough Forced to Walk Back ‘I Told You So’ on Stock Market Panic
MSNBC host Joe Scarborough is having a rough day. The same media schlub who waved around the “I told you so” foam finger when stocks whipsawed on April 7 over President Donald Trump’s tariffs is doing the backstroke now after the markets surged just a day later. “I spent three months after the election warning Republicans they needed to be careful. Three months. I've got -- we've got about ten minutes of clips we could play you,” boasted a snoot…
The Metropolis Planet
The SouthernSIU instructor, former importer-exporter talks supply chain, tariffs, and impacts on consumer
Amid talks of tariffs and international trade wars, one Southern Illinois University professor is working to clarify how consumers may find their shopping habits and retirement funds impacted — and what they can do to prepare.
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