Trump Tariffs Threaten to Upend Global Economic Order

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  Friday Briefing: Trump Orders New Global Tariffs

  Plus, “Saturday Night Live” turns 50.
  
  The New York Times - 5d
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  How Trump’s One-for-One Tariff Plan Threatens the Global Economy

  In starting a process to impose reciprocal tariffs on American trading partners, the White House is sowing uncertainty and risking inflation.
  
  The New York Times - 2d
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  Trump’s Tariffs Could Worsen Europe’s Economic Slowdown

  The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.
  
  The New York Times - 4d

• USAID cuts threaten global women's program championed by Ivanka Trump

  Five years ago, Lillian Achom stood with President Trump as he backed her women's development work - work she says is threatened by his USAID cut.
  
  CBS News - Feb. 10
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  Trump Pushes Tariff Threats on Global Scale

  With less than a month in office, the president has pursued trade actions that could shatter the global trading system and dwarf the trade measures he took over his entire first term.
  
  The New York Times - 4d

• This is why Trump’s tariff plan has upended the car industry, and it’s not over yet

  “No one is breathing easy”: Trump may have paused his plan to slap 25% tariffs on products coming from Canada and Mexico, but the U.S. auto sector is still reeling.
  
  MarketWatch - 6d

• Trump widens his attack on global trade with steel and aluminium tariffs

  Also in today’s newsletter, ‘If there’s no immigrant labour, there’s no milk, no cheese, no butter, no ice cream’
  
  Financial Times - Feb. 11
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  Trump threatens U.S. trading partners and allies with reciprocal tariffs

  President Donald Trump signed a memorandum Thursday calling for "fair and reciprocal" trade tariffs on all major U.S. trading partners, including longtime allies.
  
  NBC News - 5d

• Trump threatens reciprocal tariffs in bid to "ensure fairness" on trade

  America's trading partners keep their markets to closed to U.S. exports, White House says in ordering up plan to impose global tariffs.
  
  CBS News - 5d

• Trump threatens 25% tariffs on auto, semiconductor, pharmaceutical imports

  President Donald Trump said Tuesday that he will likely impose tariffs of 25% or more on imports of cars, semiconductors and pharmaceutical products.
  
  MarketWatch - 1h

More from The New York Times

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  Can the Federal Reserve Look Past Trump’s Tariffs?

  Top officials are grappling with how to handle potential price increases caused by the administration’s policies.
  
  The New York Times - 9h
• 

  Japan’s Economy Recovered In Second Half But Barely Grew in 2024

  Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation and strained households.
  
  The New York Times - 2d
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  Southwest Layoffs Will Take 15% of Its Work Force

  The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate employees.
  
  The New York Times - 9h
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  Washington Post Cancels Ad From Groups Calling for Trump to Fire Musk

  The newspaper told Common Cause, an advocacy group, that it was pulling its special ad, which would have covered the front and back pages of some Tuesday editions.
  
  The New York Times - 11h
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  The New York Times Wins 3 Polk Awards

  The Times was honored for an investigation into extremism in Israel, coverage of the civil war in Sudan and a narrative about a Russian soldier who defected from the war in Ukraine.
  
  The New York Times - 1d

More in Business

• HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%

  HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' estimates.
  
  CNBC - 18m

• Trump threatens 25% tariffs on auto, semiconductor, pharmaceutical imports

  President Donald Trump said Tuesday that he will likely impose tariffs of 25% or more on imports of cars, semiconductors and pharmaceutical products.
  
  MarketWatch - 1h
• 

  Brazil charges ex-president Bolsonaro over alleged coup plot

  Attorney-general accuses hard-right politician in connection with plan to assassinate rival Luiz Inácio Lula da Silva
  
  Financial Times - 1h

• Here’s what Argentina’s president Milei’s crypto scandal could mean for Argentine stocks

  Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s ...
  
  MarketWatch - 1h

• Dickson Despommier, Who Championed Farming in Skyscrapers, Dies at 84

  A microbiologist, he popularized “vertical farming” — raising crops in tall buildings — to remediate climate change and feed more people.
  
  The New York Times - 2h