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US consumer sentiment plummets to second-lowest level on records going back to 1952
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Trump has 90 days to do 150 trade deals. Financial markets aren’t buying it
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Corona and Modelo beers from Mexico are displayed for sale at a Whole Foods store on February 03, 2025 in New York City. U.S. President Donald Trump signed an executive order enacting 25% tariffs on imports from Canada and Mexico and also placing a 10% levy on imports from China. Since it's signing, U.S. and Mexico reached an agreement that will delay a 25% tariff on all Mexican imports for one month, after Mexico agreed to ramp up security at its border.
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Workers at a garment workshop at Tangbudong Village at night in Guangzhou, Guangdong Province, China, on Monday, April 7, 2025. China pledged to retaliate against Donald Trump's latest tariff threat and stepped up efforts to support the market, raising the risk of a prolonged trade war between the world's two largest economies.
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Chinese leader Xi Jinping attends a bilateral meeting with Spanish Prime Minister Pedro Sanchez at Diaoyutai Guest House in Beijing on Friday.
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Xi says China ‘not afraid’ as Beijing raises tariffs on US goods to 125% in latest escalation of trade war
Office workers walk near the Goldman Sachs Group Inc. headquarters in New York, U.S., on Thursday, July 22, 2021. After a year of Zoom meetings and awkward virtual happy hours, New York's youngest aspiring financiers have returned to the offices of the city's investment banks, where they're making the most of the in-person mentoring and networking they've lacked during the pandemic. Photographer: Michael Nagle/Bloomberg via Getty Images
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This key American business sector has a massive trade surplus with the rest of the world. Its jobs are at risk in a trade war
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An Apple store on March 22, 2025, in Chongqing, China.
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Economists expected that inflation would slow to 2.6% annually, as measured by the Consumer Price Index.
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What to watch

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• Video 3:24
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Video ‘I never thought I was going to lose this much money’: Trump voter amid tariffs 3:24
<p>Mike Jones joins The Lead</p>
• Video 3:48
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Video NC farmer on concerns over tariffs impacting his business 3:48
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• Video 3:00
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Video Peter Navarro brushes off concerns over market whiplash as ‘pure spin’ 3:00
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• Video 2:54
CNN
Video CEO says he will be out of business by the end of the year if Trump tariffs come to fruition 2:54

In case you missed it

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Traders work on the floor of the New York Stock Exchange during morning trading on April 07, 2025 in New York City. All three major stock indexes dipped again at the opening of the stock market for the third straight day with the Dow Jones dropping over 1000 points and the S & P 500 nearing bear market territory amid U.S. President Donald Trump's sweeping new tariffs and other countries' retaliations.
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Success

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Tech

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TikTok is seen in the app store of an iPhone on January 8, 2025.
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The Charcter.AI app.
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Senators demand information from AI companion apps following kids’ safety concerns, lawsuits

Media

An electronic display shows financial information on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025.
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How actual ‘fake news’ caused a market whiplash
An AFP journalists reads a copy of Time Magazine with a front cover using a combination of pictures showing a crying child taken at the US Border Mexico and a picture of US President Donald Trump looking down, on June 22, 2018 in Washington DC.
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A drone view shows containers on the day President Donald Trump announced new tariffs at the Port of Baltimore, Maryland, on April 2, 2025.
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