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Plus: Amazon outperforms the Nasdaq Composite Index. And Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs. Anthony Bansie hosts.
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Plus: Markets rose on rumors that Trump would delay tariffs by 90 days, only to fall again after the White House denied it. And semiconductor stocks were hit particularly hard. Alex Ossola hosts.
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Plus, billionaire investor Bill Ackman calls for a 90-day pause on the implementation of reciprocal tariffs. And Israeli Prime Minister Benjamin Netanyahu is set to be the first world leader to hold in-person talks with Trump about the tariffs. Kate Bullivant hosts.
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The U.S. stock market lost $6.6 trillion in market cap in two days as China retaliated against President Trump’s wide-ranging tariffs. Plus: Shares of companies that make goods in Vietnam rise after Trump said the country wants to negotiate, while chip stocks fell. Danny Lewis hosts.
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Plus: The U.S. added 228,000 jobs in March, defying expectations. And President Trump has fired the chief of the National Security Agency. Zoe Kuhlkin hosts.
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Plus, China hits back on Trump’s levies with 34% tariffs on U.S. goods. And South Korea’s political turbulence continues as President Yoon Suk Yeol is removed from office. Luke Vargas hosts.
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The stock market plunged as investors grappled with the threat that Trump’s new import tax plan will set off global retaliation and hurt economic growth. Plus, big tech companies lose hundreds of billions of dollars in value, while regulated utilities got a boost from the recession trade. Danny Lewis hosts.
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Plus, SunnyD sells to a Guatemalan company for about $1.5 billion. And New York City Mayor Eric Adams forms his own political party to run for re-election. Alex Ossola hosts.
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Plus, the EU vows to respond to additional 20% tariffs that come on top of metals and auto levies threatening the bloc’s economies. And Amazon and AppLovin join a list of bidders aiming to take over TikTok. Luke Vargas hosts.
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President Trump announced the U.S. will impose a 10% tariff on all imports, and even higher rates for some nations. Plus: Meta chief executive Mark Zuckerberg is lobbying the White House to agree to a settlement that would prevent an antitrust trial. Shares in conservative TV outlet Newsmax slide more than 77%, continuing a rollercoaster first week of trading. Pierre Bienaimé hosts.
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