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The Latest Breaking News from CNBC

‘Peak uncertainty’ may have passed since Trump pressed pause on tariffs, but Fundstrat’s Tom Lee fears we may not have reached ‘maximum pain’

“We’re now in a de-escalation mode when it comes to the tariffs,” UBS’s Evan Brown added.

Fortune

Trump’s handling of tariffs and inflation nosedives his economic approval rating to the rock bottom of his entire presidential career

A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.

Fortune

Some desperate sellers say Amazon is penalizing them for raising prices to combat Trump’s China tariffs

Amazon CEO Andy Jassy said recently that sellers would “pass that cost” of tariff increases on to customers. But their reality has been more complicated.

Fortune

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These Companies Have Pulled Out Products from the US Due to Trump's Tariffs

Major companies are pulling forecasts and scaling back in the US due to rising tariffs, signaling economic uncertainty and potential price hikes for consumers.

International Business Times

JPMorgan is going after even more customers who allegedly cashed in on the 'infinite money glitch' stemming from an ATM malfunction

The bank has also sent letters to more than 1,000 Chase patrons since October asking for funds to be returned.

Fortune

Tech Stocks Rise After Trump's Tariff Pause On Key Electronics: Should You Invest?

Trump's pause on electronics tariffs has sent Apple, Dell, and others surging. Dive into our analysis of the rally and its driving forces.

International Business Times UK

Why 2025 May Be The Auto Industry's Most 'Consequential Year' Yet

Most people who just drive their cars every day or buy a new one every decade or so never see this, but the automotive industry works off a global rules-based order. Safety regulations tell the car companies what they can and cannot build; the same is true for emissions regulations.…

InsideEVs

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Donald Trump exempts phones, chips from new tariffs

According to new guidance, Donald Trump will be exempting smartphones and other electronic components and parts from tariffs.

Android Central

Tesla Suspends Model X and S Orders in China. How Should You Play TSLA Stock Here?

Tesla has stopped taking new orders for Model S and Model X in China amidst U.S.-China trade tensions. Could TSLA shares recover meaningfully in 2025?

Barchart

Labour MPs urge ministers to focus on rebuilding trading relationship with EU

Call to prioritise reset with Europe comes after top adviser to Trump downplays prospect of US tariffs being reduced

The Guardian - UK

How Trump flip-flopped on pausing tariffs

Trump initially dismissed a tariff pause. Then he announced a 90-day reduction for all except China.

Al Jazeera

'Boys Will Boys': White House Reacts To Elon Musk's Tariff Clash With Trump Adviser Peter Navarro

Elon Musk and former Trump advisor Peter Navarro engaged in a heated online dispute over tariffs, with Musk calling Navarro a 'moron.'

International Business Times UK

Walmart worries Wall Street by yanking its economic expectations report amid tariff uncertainty

CFO argues company will emerge on other side of uncertainty ‘with greater share and a stronger business’

The Independent UK

Tesla CEO Elon Musk becomes severe casualty of Trump’s tariff war after losing $44bn in one week

A bitter rift appears to be forming between the world’s richest man and Republican president over his controversial trade policy

Evening Standard

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Latin Times

Economist Warns Unemployment Could Fall to 'Recessionary Levels' If Trump Continues Tariff Rollout

Economists warn President Donald Trump's global tariff expansion could spark widespread job losses and push unemployment to recessionary levels.

The Independent UK

‘I have a deficit at my grocery store’: Senator Rand Paul mocks Trump’s odd trade views

Paul calls trades ‘mutally beneficial,’ adding: ‘If you want to sell me your coat and I give your $200 for it, we both agree to it and we’re both happy with the trade.’

Fortune

Republican officials are questioning Trump’s tariff regime being the scenes, says Sen. Rand Paul. ‘They whisper in my ear: Free trade is good’

GOP donors and think tanks are starting to publicly denounce President Donald Trump’s policies, which led to a historic stock market rout.

The Guardian - US

Trump confirms 104% tariffs on Chinese goods as part of unfolding global trade war

Beijing vows to ‘fight to the end’ as president claims ‘many’ countries are seeking a deal with US

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InsideEVs

The Auto Industry Is Begging Politicians To Get Along

Automakers are tired, boss. The last three months have felt like a year for them as tariff uncertainty, backtracking and political chest-beating contests taking center stage. The automotive industry is over it and, at the minimum, wants predictability.

Reason

Trump's Manly Tariffs

Plus: Supreme Court in a holding pattern, NYC acts like money grows on trees, and more...

Euronews

How a false headline about a tariff 'pause' triggered a wild stock market jump

US markets briefly surged on Monday amid false rumours that President Donald Trump was mulling a 90-day pause on tariffs, before they plunged again. Euroverify investigates.

Salon

Fake tariff news causes market whiplash

A single post from a verified account on X caused the market to surge and then fall within minutes

Latin Times

Trump Official Tells Investors Not to 'Panic' As He Stands Next to Graphic of Stock Markets Projected in the Red

Peter Navarro told investors not to "panic" over Donald Trump's tariffs while markets plunged, insisting he saw a "beautiful situation" on the horizon.

Fortune

Wharton's Jeremy Siegel calls Trump's tariffs the 'biggest policy mistake in 95 years'

“I don’t know why Trump didn’t learn the lesson of the Smoot-Hawley tariff,” he said.

Motor1

So It Begins: Stellantis Idles Canada, Mexico Plants Over Tariffs

Just one day after the Trump administration announced its finalized plans for a 25 percent import tariffs on cars, and on the same day those tariffs go into effect, Stellantis announced it's pausing production at Canada and Mexico plants. CNBC reports that Stellantis will idle the Windsor, Ontario assembly for…

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