Trump’s tariffs rattle industries, with IPOs shelved and markets rocked: Live updates

Trump’s tariffs rattle industries, with IPOs shelved and markets rocked: Live updates

20 items and goods most exposed to price shocks from Trump tariffs Employees at a clothing factory in Vo Cuong, Bac Ninh province, in Vietnam. SeongJoon Cho/Bloomberg via Getty Images The Trump administration’s plan to slap steep tariffs on goods from dozens of countries is expected to spike prices for consumers. Some items, like leather goods, will see a bigger jump…

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Trump tariffs are ‘pure madness’ and the European Union should not comply, former Italian PM says

Trump tariffs are ‘pure madness’ and the European Union should not comply, former Italian PM says

Former Prime Minister Enrico Letta, speaks during ICAM in April 2025. Europa Press News | Europa Press | Getty Images U.S. President Donald Trump’s so-called ‘Liberation Day’ trade tariffs are “madness, pure madness”, according to former Italian Prime Minister and Dean of the IE School of Politics Enrico Letta, who called the reciprocal levies “incomprehensible.”…

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The biggest winners and losers in Europe as Trump announces sweeping tariffs

The biggest winners and losers in Europe as Trump announces sweeping tariffs

U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.  Leah Millis | Reuters Global markets, businesses and long-standing geopolitical relationships were thrown into disarray on Thursday, the day after U.S. President Donald Trump announced his tariff policy — and Europe…

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Life science stocks are under pressure due to possible NIH funding cuts. What lies ahead for the sector

Life science stocks are under pressure due to possible NIH funding cuts. What lies ahead for the sector

A recent move by the Trump administration to substantially lower funding from the National Institutes of Health for research institutions around the country has investors fearing meaningful losses for life science tools companies. The NIH announced in early February that it would cap research funding at 15% for “indirect costs” – those that aren’t directly…

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