
- In today’s CEO Daily: Diane Brady on Commerce Secretary Howard Lutnick and the Canadian reaction to trade tariffs.
- The big story: Worst-case scenario for Ukraine, best-case scenario for Russia.
- The markets: Indexes are tanking globally as Trump's tariffs come into effect.
- Analyst notes from JP Morgan on the U.S. economy, Saxo on European defense stocks, Convera on Trump, and Wedbush on Palantir.
- Plus: All the news and watercooler chat from Fortune.
Good morning. Here we go again. CEOs everywhere are on edge this morning as the U.S. vowed to impose 25% tariffs today on its closest trading partners. I spoke to dozens of leaders last month to see how they’re navigating the uncertainty.