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Today's Forbes Daily newsletter covers Wall Street souring on Trump, the biggest billionaire tariff losers, DOGE cuts worsen March layoffs and more.
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The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.
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China hits back at Trump tariffs with own taxes, export curbs ReutersLatest on Trump's presidency as tariffs rattle global markets CNNLive updates: China retaliates as Trump's tariffs impact world markets AP NewsDow futures tumble a second day, losing 1,100 points after China retaliates to Trump tariffs: Live updates CNBCThe Rest of the World Is Bracing for a Flood of Cheap Chinese Goods WSJ
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Dow heads for another 1,000-point drop, futures indicate, after China retaliates to Trump tariffs: Live updates CNBCChina to impose 34% retaliatory tariff on all goods imported from the U.S. CNBCChina Retaliates Against Trump With 34% Tariff on U.S. Goods The New York Times
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Trump contradicts aides, talking points on purpose of global tariffs The Washington PostMajor US stocks see biggest losses since 2020 after Trump's tariffs announcement BBCTrump Says US Has 'Great Power to Negotiate' With China on TikTok Sale Business InsiderS&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump The New York TimesT
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