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CNBC Daily Open: Trump’s merciless tariffs could reshape the global economy and markets

To call Trump’s tariff plan a seismic shift in the economic and financial world order might be an understatement.

Published on: April 03, 2025 | Source: CNBC International favicon CNBC International

Xiaomi delivers record cars in March as winners emerge in China's EV race

Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.

Published on: April 03, 2025 | Source: CNBC International favicon CNBC International

DeepSeek AI excitement spills over to Hong Kong's IPO market

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.

Published on: April 03, 2025 | Source: CNBC International favicon CNBC International

De minimis trade loophole that boosted Chinese online retailers to end May 2

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month to prepare.

Published on: April 03, 2025 | Source: CNBC International favicon CNBC International

Trump escalates global trade war with sweeping tariff blitz

Stock futures tumble as US reveals plans to impose 10% universal levies and higher ‘reciprocal’ duties

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Donald Trump’s beautiful trade war

The diplomatic cost of the US president’s tariffs will be enduring

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s tariffs in brief: universal levies and targeted retaliation

The new duties imposed by the US president will send shockwaves through global supply chains

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Tourists choose London over New York in boost to West End theatres

Venue-owners say visitors are flocking to the UK capital after boycotting Broadway

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Japan’s safety deposit box problem

Thefts have cast a shadow over an industry already under scrutiny

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

The most powerful passports of 2025 — a new country tops the list

Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

Starmer relieved as Trump imposes 10% tariff on UK exports

Prime minister hopes trade talks between London and Washington could further reduce the levy

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Apple leads a drop in tech stocks after Trump tariff announcement

Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

The American government’s accidental private-credit subsidy

How a Depression-era lending scheme became a trillion-dollar wheeze

Published on: April 02, 2025 | Source: Economist - Finance favicon Economist - Finance

FirstFT: Trump hits US trading partners with sweeping new tariffs

Also in today’s newsletter, White House close to approving TikTok deal, Nintendo unveils the Switch 2

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Here’s what “reciprocal tariff” means

A quick and early look, transcribed from a White House video

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon submits bid for TikTok as ban deadline nears

TikTok's future in the U.S. hangs in the balance ahead of a potential ban on April 5.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

Trump kicks off sale of $2.3bn Truth Social stake

Shares in Trump Media and Technology Group drop after company outlines plans in filing

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Musk denies role in Trump administration could soon end

Position heading so-called efficiency department thought to be vulnerable after loss of Wisconsin supreme court election

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago

Tesla reported a 13% year-over-year drop in first-quarter deliveries two days after the company's stock wrapped up its worst quarter since 2022.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

Tesla shares rise on report Elon Musk could be leaving DOGE post soon

Tesla shares rose after Politico reported that CEO Elon Musk could leave his post at the so-called Department of Government Efficiency.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

White House close to approving sale of TikTok’s US unit to investors

Blackstone and Andreessen Horowitz among firms that would wrest control of social media site from China’s ByteDance

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games

Nintendo will launch game titles including "Mario Kart World" and "Street Fighter 6" alongside the new hardware.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

How Trump is exploiting Big Law’s identity crisis

Firms like Paul Weiss have hired star lawyers to expand in dealmaking. Fear of losing business has made them less willing to have a fight with the government

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

English authority led by Ben Houchen told to improve use of public money

Tees Valley Combined Authority to be issued with a “best value” notice by ministers

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Judge dismisses criminal case against New York Mayor Eric Adams

The DOJ argued that charges against Adams should be tossed to avoid hurting the mayor's ability to cooperate with immigration policies of President Trump.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

Wall Street stock futures tumble as Trump’s new tariffs spook investors

President reveals plans to impose 10% universal levies and higher duties on major partners

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Fabric of UK at risk of ‘unravelling’ due to street crime, says attorney-general

Unpunished offences one of country’s biggest law and order challenges, warns Lord Richard Hermer

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Many Germans still in ‘denial’ about Russian threat, Merz ally warns

Politician who could be country’s next foreign minister says Moscow is ‘‘most acute’’ threat to Europeans

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

South Africa’s coalition in peril after ANC passes budget without partner

Business-friendly Democratic Alliance votes against the framework following weeks of infighting

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Meet Newsmax, a Trump-adjacent business with credible prospects

Even a sector in secular decline can generate a lot of cash via advertising and subscriptions

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

M&S chair warns junk food TV ban could mean end of Christmas adverts

Archie Norman says the government is regulating to ‘stop people talking about mince pies during the day’

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer vows ‘cool-headed’ response to Trump tariffs

UK prime minister tells MPs a trade war is ‘in nobody’s interests’

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla suffers worst quarter since 2022 as deliveries tumble

Shares rise on report Elon Musk to leave Trump administration

Published on: April 02, 2025 | Source: Financial Times - World favicon Financial Times - World

‘Europe’s Detroit’ is expected to suffer the most from Trump’s auto tariffs

Nicknamed the "Detroit of Europe" due to its thriving automotive industry, Slovakia producesmore cars per capita than any other country in the world.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International

Trump tariffs jolt Asian automakers — Toyota likely set for most pain

U.S. President Donald Trump last Wednesday announced sweeping 25% tariffs on cars "not made in the U.S.," sending shockwaves through global automakers.

Published on: April 02, 2025 | Source: CNBC International favicon CNBC International