Newsom, Bonta announce lawsuit over Trump's tariffs
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On Wednesday, California Gov. Gavin Newsom and State AG announced a lawsuit over Trump's sweeping tariffs.

California is taking legal action over Trump’s sweeping tariffs, Newsom announces

California's suit will argue that Trump’s use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and China or a 10% tariff on all imports is unlawful.

Chinese factories selling luxury goods on TikTok
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Chinese factories are advising western buyers to skip the middleman in the wake of Trump tariffs.

Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'

Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.

China halts Boeing jet orders after Trump slaps 145% tariffs on goods

Boeing has delivered aircraft to multiple Chinese airlines this year, but the airline companies were told not to accept any more deliveries.

Smartphones, laptops excluded from latest tariffs

The Trump administration will exempt smartphones, laptops and chips used to make semiconductors from widespread tariffs.

Chinese-based Amazon sellers weigh price hikes or exiting US market: report

Chinese sellers on Amazon's marketplace are weighing whether to hike prices in the U.S. or leave the market entirely due to President Donald Trump's tariffs on China. 

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

Trump tariff fallout hits LA ports
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The trade shakeup from the White House is leaving businesses at Southern California ports looking for some clarity.

Walmart leaning into tariff uncertainty: 'Positioned to play offense'

Executives of Walmart, the largest private employer in the U.S., are still confident in the business despite growing concerns from the business community around tariffs.

Markets react to Trump’s swift tariff strategy; advisors urge patience

While many people are getting whiplash from the financial markets after President Trump's latest tariff maneuvers, many financial advisors are not surprised, even if they are spending a lot of time hand holding panicky clients.