Stocks Drop as Trump’s New Tariffs Weigh on Markets

Stocks Drop as Trump’s New Tariffs Weigh on Markets

Data showing cracks in the U.S. labor market and President Trump’s newest barrage of tariffs shook investors around the world, weighing on stocks, the dollar and more.

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Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong’

Exxon Chief Says Demand for Oil Remains ‘Very, Very Strong’

The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices.

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With New 40% Tariff, Trump Takes Aim at U.S. Dependence on China’s Factories

With New 40% Tariff, Trump Takes Aim at U.S. Dependence on China’s Factories

President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of other countries.

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Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World

Switzerland Is Stunned by 39% U.S. Tariff, Among the Highest in the World

Swiss officials plan to negotiate urgently for a lower rate, before the punishing levy takes effect next week.

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U.S. Tariffs Land on Taiwan Amid Tension With Washington

U.S. Tariffs Land on Taiwan Amid Tension With Washington

The Trump administration is weighing yet more tariffs on chips, Taiwan’s main exports.

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Manhattan Has More Secure Buildings Than Most Cities. That Wasn’t Enough.

Manhattan Has More Secure Buildings Than Most Cities. That Wasn’t Enough.

Decades of threats have heightened security in New York City. But Monday’s attack in a Park Avenue office building shows the limits of preparedness.

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Where Human Labor Meets ‘Digital Labor’

Where Human Labor Meets ‘Digital Labor’

In a still largely speculative vision of the future, A.I. tools would be full employees that work independently, with a bit of management.

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Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.

Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.

Economists say the way the Trump administration is imposing tariffs is backfiring for some of the businesses they are meant to help.

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Cambodia Agrees to a Reduced Tariff and Breathes a Sigh of Relief

Cambodia Agrees to a Reduced Tariff and Breathes a Sigh of Relief

Initially 49%, it was lowered to 19%, easing worries of a damaging hit to the country’s garment and footwear production industries.

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E.U. Did Not Retain Texts Sought by Journalists on Covid Vaccine Deal

E.U. Did Not Retain Texts Sought by Journalists on Covid Vaccine Deal

The European Union acknowledged for the first time that a top official reviewed the messages, but said it had no duty to keep them, despite intense interest.

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Here is the latest.

Here is the latest.

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Here’s What to Know About Trump’s 50% Tariffs on Brazil

Here’s What to Know About Trump’s 50% Tariffs on Brazil

Latin America’s biggest economy can weather the shock of a high tariff rate. But American coffee lovers and Brazilian ranchers are likely to feel the pain.

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Apple Surprises Investors Worried That It Had Lost Its Touch

Apple Surprises Investors Worried That It Had Lost Its Touch

Despite recent criticism about its product outlook, the company reported strong sales of iPhones, Macs and services.

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Amazon Reports Strong Retail Demand, but Says Future Is Less Clear

Amazon Reports Strong Retail Demand, but Says Future Is Less Clear

Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.

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Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September

Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September

The administration has not put forward a clear legal authority to compel drugmakers to reduce their prices.

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