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Dow Jones plunges over 2,200 points as tariff carnage roils global markets

Investors, businesses and consumers all seem terrified of how President Trump’s tariffs could upend the global economy.

Trade war escalates as China hits back with 34% tariffs on all U.S. goods

Analysts say the escalating trade tensions between the U.S and China will make a near-term deal to end the trade war “highly unlikely”.

A ‘beacon’ or a ‘roulette’? Chinese America watchers see opportunities and pitfalls

Some of China’s America watchers see opportunities for their country in the United States’ retreat from international institutions. Others see distractions and pitfalls.

Former Costa Rican president says visa may have been revoked over criticism of Trump

Former Costa Rican President Óscar Arias Sánchez, who likened President Trump to “Roman emperor” earlier this year, says he fears the U.S. revoked his visa over criticisms of Trump.

Morning news brief

Businesses and markets reeling from Trump’s expanded trade war, small retailers in the U.S. react to the new Trump tariffs, Trump downplaying the role of far-right activist in firings of NSC staff.

Canada trucker protest organizers found guilty of mischief

The February 2022 protests, dubbed the Freedom Convoy, were sparked by a Canadian government vaccine mandate for truck drivers crossing the U.S.-Canada border.

Morning news brief

Trump set to announce new tariffs, Trump endorsement and Elon Musk’s money unable to flip Wisconsin Supreme Court, Trump administration admits Maryland man sent to El Salvador prison by mistake.

Danish prime minister heads to Greenland as Trump seeks control of the territory

Prime Minister Mette Frederiksen announced plans for her visit after U.S. Vice President JD Vance visited a U.S. air base in Greenland last week and accused Denmark of underinvesting in the territory.

Paraguay recalls ambassador to Brazil over espionage revelations

Brazil’s foreign ministry revealed that the administration of Jair Bolsonaro, the right-wing predecessor of current President Luiz Inácio Lula da Silva, had conducted espionage against Paraguay.

China’s Global Electric Vehicle Boom

Sales of electric vehicles worldwide have been growing and the largest manufacturer of EVs is China’s BYD. Their global revenue was over $100 billion in 2024, beating Tesla. To keep up that growth and to try to stave off the pain of U.S. tariffs, BYD is expanding in emerging markets. One of the markets where their cars are selling big is Brazil, where BYD is investing nearly a billion dollars in a factory. But as our Brazil correspondent tells us there have been some difficulties along the way.

Son of ousted Myanmar leader speaks to NPR about her imprisonment

NPR’s Mary Louise Kelly talks with Kim Aris, son of ousted leader Aung San Suu Kyi, about her imprisonment and why he’s advocating for her release.

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