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Business News
Fewer foreign visitors traveling to US in what some see as sign of a 'Trump Slump'
Visits to the U.S. from overseas fell 11.6% in March compared to the same month last year, according to preliminary government data released Tuesday
April 08, 2025
Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%
April 09, 2025
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China
April 09, 2025
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2 hours ago
Peter Navarro on tariff reversal: ‘Every American today should be proud’
ABC News’ Linsey Davis spoke with White House trade adviser Peter Navarro on the president's stunning reversal on tariffs after stating there would be no pause.
2 hours ago
April 09
Small business owner speaks out about Trump;s Tariffs
Founder and CEO of Simplified Emily Ley joined ABC News live to discuss how President Donald Trump’s tariffs will impact her small business.
April 09
April 09
Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China
April 09
April 09
Stocks soar after Trump pauses some tariffs, raises tariffs for China
Laura Veldkamp, professor of finance and economics at Columbia Business School, discusses why stocks soared Wednesday after President Donald Trump ordered a 90-day pause on some tariffs.
April 09
April 09
Dow closes up 2,962 points in market rally as Trump backs off some tariffs
The president also announced a China tariffs increase to 125%.
April 09
April 09
What President Trump's pause on some tariffs means going forward
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
April 09
April 09
'Going to need to adapt very quickly,' says small business owner on tariffs
Kalle Simpson, founder of the Discover NIGHT beauty sleep company, discussed the impact tariffs will have on her business's supply chain.
April 09
April 09
How major US stock indexes fared Wednesday, 4/9/2025
Stocks surged to one of their biggest gains since World War II after President Donald Trump backed off his tariffs on most nations for 90 days even as he further jacked up the tax rate on Chinese imports
April 09
April 09
What's a dead cat bounce? Six terms to know for the trade war
Bulls, bears and dead cats are lurking in the background of President Donald Trump’s trade war
April 09
April 09
US stocks close with major gains as Trump pauses some tariffs
The Dow Jones Industrial Average climbed 2,962 points, or 7.8%, marking the index's best day since 2020. The S&P 500 jumped 9.5%, while the tech-heavy Nasdaq soared 12.1%.
April 09
April 09
'Very concerning': Why the bond market matters for the economy
A selloff hit bonds overnight amid tariffs fallout.
April 09
April 09
Trump changes tune as his billionaire supporters push back against tariffs
Ackman speaks out after getting an earful from small businesses.
April 09
April 09
'I just want fair deals,' Trump says after tariff shakeup
President Donald Trump said he believed China wants to make a deal, despite tariff tit-for-tats escalating between the U.S. and Beijing.
April 09
April 09
Uncertainty looms over US housing market in wake of Trump tariffs
The cost of building materials may rise due to tariffs on foreign suppliers.
April 09
April 09
Energy demand erodes in face of global economic slowdown as trade war intensifies
Oil prices slid to a four-year low Wednesday as fears of a global recession grew amid the latest round of tariff increases
April 09
April 09
Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%
April 09
April 09
Trump should postpone tariffs: Economist
RSM chief economist Joseph Brusuelas says local tariffs put in place on Wednesday are "sufficient to tip the economy into a recession.”
April 09
April 09
Trump team’s mixed messaging on tariffs is ‘crushing’ the markets: Analyst
Stephen Kates, a financial analyst at Bankrate, says “a little bit of details” on potential tariff deals would benefit consumers and financial markets.
April 09
April 09
China retaliates with 84% tariff on US
ABC News’ Alexis Christoforous and Britt Clennett report on the fallout from President Donald Trump's tariffs against virtually all U.S. trading partners, which took effect on Wednesday.
April 09
April 09
EU imposes new tariffs on $23 billion in US goods in retaliation for Trump's steel, aluminum tariffs
European Union member states have voted to approve retaliatory tariffs on $23 billion in goods in response to U.S. President Donald Trump’s 25% tariffs on imported steel and aluminum
April 09
April 09
Walmart stands by financial outlook but pulls back 1Q view amid tariff uncertainty
Walmart, the nation’s largest retailer, is standing behind its full-year sales and operating income outlook even as President Donald Trump escalates his tariff wars with China and other countries that have brought economic uncertainty
April 09
April 09
Asian supermarket customers brace for price hikes as Trump tariffs take effect
Loyal customers of Asian supermarkets and other grocery stores that specialize in selling imported food are wondering what will happen to prices given the extra-high tariffs President Donald Trump put on goods from dozens of countries
April 09
April 09
Delta drops outlook for 2025 and says growth has stalled in trade war
Delta has pulled its 2025 guidance as the trade war scrambles expectations and said it will reduce capacity given economic conditions
April 09
April 09
Delta Air Lines says growth has stalled in trade war, carrier pulls outlook for 2025
Delta Air Lines says growth has stalled in trade war and the carrier pulls outlook for 2025
April 09
April 09
German parties reach a deal to form a new government after weeks of talks
Conservative and center-left parties will present a deal to form a new German government on Wednesday after weeks of negotiations
April 09
April 09
Pakistan says the US companies seek to invest in the country's untapped minerals sector
Pakistan says U.S. companies are interested in investing in the country's largely untapped minerals sector
April 09
April 09
Republicans are going public with their growing worries about Trump's tariffs
Republican senators are confronting the Trump administration with a bevy of worries about the economic impacts of the president’s sweeping tariff strategy
April 09
April 09
Trump disrupts global economic order even though the US is dominant
By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets and raised the risk of a recession
April 09
April 09
The Latest: S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump limits tariffs
Stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would
April 09
April 09
By The Numbers: Billionaires lose big
You might be tempted to take out your tiniest violin, but billionaires have taken a beating just like other investors since President Donald Trump announced his “Liberation Day” tariffs last week.
April 09
April 09
New tariffs bring uncertainty to home construction, housing market
ABC News’ Jaclyn Lee visited North Carolina to learn what impact President Trump’s new tariffs could have on home builders and the materials they use, realtors and prospective buyers.
April 09
April 09
World shares fall further, with Tokyo down nearly 4%, as Trump threatens still more tariff hikes
Shares in Asia and Europe have skidded after President Donald Trump's latest tariff hikes took effect and he threatened to add still more
April 09
April 09
The IMF reaches a deal with troubled Argentina on a $20 billion bailout
The International Monetary Fund has reached a preliminary agreement with Argentina on a $20 billion bailout package, providing a reprieve to President Javier Milei as he seeks to overturn the country’s old economic order
April 09
April 08
These are the potential tariff costs on American importers by state
President Trump is set to impose sweeping tariffs at 12:01 a.m. ET Wednesday.
April 08
April 08
The latest leak in the Keystone oil pipeline continues its troubled history
The latest leak in the Keystone oil pipeline in North Dakota on Tuesday continues the troubled history of the 15-year-old pipeline
April 08
April 08
US egg giant Cal-Maine says government is investigating price increases
Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday after the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice
April 08
April 08
US stocks close lower, reversing earlier rally as tariff selloff continues
A streak of market turbulence began after Trump's tariff announcement last week.
April 08
April 08
Trump touts falling oil prices, borrowing costs. Experts say they're warning signs.
Oil prices and treasury yields plummeted recently as tariffs roiled markets.
April 08
April 08
'We're in a wait and see mode right now': Stew Leonard CEO on price increases
Stew Leonard Jr. joined ABC News Live to discuss the impact tariffs will have on grocery prices for consumers.
April 08
April 08
Warren Buffett bucking trend of billionaire losses amid economic uncertainty
Billionaire investor Warren Buffett is outperforming the market during the economic uncertainty following the Trump administration’s tariff proposal
April 08
April 08
Congo repatriates 3 Americans who had faced death sentences over a failed coup plot
Congo says three Americans convicted of participating in a botched coup attempt last year have been repatriated to the United States
April 08
April 08
Walgreens tops fiscal 2Q forecasts as private equity buyout awaits
Walgreens delivered a better-than-expected fiscal second quarter and a smaller loss a month after announcing that it would be bought by a private equity firm
April 08
April 08
Fewer foreign visitors traveling to US in what some see as sign of a 'Trump Slump'
Visits to the U.S. from overseas fell 11.6% in March compared to the same month last year, according to preliminary government data released Tuesday
April 08
April 08
Trump tariffs will get US ‘very close’ to a recession: Economist
KPMG’s Diane Swonk says President Donald Trump needs to “demonstrably reduce tariffs” to avoid a recession.
April 08
April 08
US Steel rises for a 2nd day after Trump orders new security review Nippon Steel bid
President Donald Trump is ordering a new review of Nippon Steel’s proposed bid to buy U.S. Steel for nearly $15 billion
April 08
April 08
Kids under 16 will no longer be allowed to livestream on Instagram without parental consent
Instagram users under 16 won’t be able to livestream or unblur nudity in direct messages they’ve received without parental approval
April 08
April 08
As China and the US spar, countries brainstorm over how to cope with the trade war
As President Donald Trump and China spar over tariff hikes and other retaliatory moves, governments elsewhere are brainstorming over strategies for coping with the trade war between the world’s top two economies
April 08
April 08
Canadian couple likely the only business owners on Norfolk Island to face US tariffs
Jesse Schiller and Rachel Evans are likely the only business owners on Australia's Norfolk Island to be affected by the Trump administration's tariffs, as the island exports nothing to the United States
April 08
April 08
Prince Harry in court to challenge loss of UK security detail
A lawyer for Prince Harry says he was treated unfairly when he was stripped of his British security detail
April 08
April 08
Scholarships for child care are drying up. Now families are paying the price
Many parents need child care scholarships to work
April 08
