- In today’s CEO Daily: A European scooter maker tells Peter Vanham why the tariffs won’t make them open a factory in the U.S.
- The big story: Trump isn’t backing down on the tariffs despite global opposition.
- The markets: A brief period of respite.
- Analyst notes from JPMorgan, Wedbush, UBS, and Goldman Sachs on Trump, tariffs and recession.
- Plus: All the news and watercooler chat from Fortune.
Good morning. The U.S. stock market has registered its feelings about tariffs, with all the major indices reeling after days of losses. But how are foreign companies reacting? The scooter and carmaker Micro sells over half a million kick scooters a year in the U.S. But going forward, the scooters may get a lot harder to find, and become a lot more expensive, OIiver and Merlin Ouboter, the company's second-generation executives, told me.
