WSJ

Stocks Renew Selloff as China Trade War Sinks In

• Tariffs against China add up to 145%, not 125%
• Lower than expected CPI. Short term yields all.
• Goldman Sachs China growth outlook 4% -> 3.5%

Why Trump Blinked on Tariffs Just Hours After They Went Into Effect

• Countries lining up to make deals & lots of calls from American businessmen

Trump’s Trade Math Ignores a Major Export: American Services

• “While the U.S. buys more goods from abroad than it sells, the opposite is true for services, which include everything from streaming subscriptions to financial advice. Trump left these service exports out of his tariff math, but they are being pulled into his trade wars.”

How America’s Wealthy Are Positioning Themselves During the Market Turmoil

• “Financial advisers who serve wealthy clients say they have been bombarded by investor calls over the past week”
• such as adding some exposure to Europe, Japan or foreign currencies to further diversify their portfolios. 

Trump’s Tariff Man Peter Navarro Is Down but Not Out

The Dollar and the Bond Market’s Ominous Message for Trump

• “Less demand for dollar assets makes it harder to finance the U.S.’s massive borrowing.”
• ” As of last June, foreigners held $7 trillion of Treasury bonds (half by official investors such as central banks)”
• “So the U.S. needs foreigners to keep rolling over the bonds they hold, and buying new ones.”

Trump Promised a Golden Age for Oil and Gas, but Tariffs Undermine His Pledge

• “Although the president’s duty increases exempt energy flows, fears of a global recession have damped crude prices.”

Trump Wants to Dominate Shipping. America Doesn’t Have Enough Sailors.

Trump Plans to Withhold All Federal Funding From Sanctuary Cities

Inflation Eased in March, but Tariffs Threaten to Stoke Price Pressures

CNBC

Trump trade advisor says stock market plunge ‘No big deal’: Live updates

Trump’s triple-digit tariff essentially cuts off most trade with China, says economist

10-year Treasury yield pulls back after light March inflation report

06:57 – 07:29