The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.

The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.

The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of freer trade.

President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.

Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on the public market for the first time.

The co-founder of Oracle and friend of President Trump, who was a flamboyant fixture in the 1990s, has returned to the spotlight through — of all things — TikTok.

Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.

Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.

European regulators are considering fining X more than $1 billion, after weighing the risks of further antagonizing Mr. Musk and President Trump.

The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.

The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.

The video app is barreling toward a Saturday deadline to change its ownership under federal law or face a ban in the United States.

Mark Carney, a former central banker, also called on “like-minded countries” to form a new trading order without the United States.

Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.

The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.

The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.

Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.

Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.

Ms. Jones has led the gilded magazine of culture, business and politics since 2017.

Some of the more sparsely populated territories in the world that do little trade with the United States have been caught up in the trade war.

The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.

The United States has steered an economic order for 80 years based on trade and trust, making the country the world’s financial superpower. That vision is now blurred.

The company said it would offer customers the same prices it offers its employees on most of its vehicles.

She used her wealth strategically to expand opportunities for women, underwriting the development of the pill and supporting the suffrage movement.

As he announced sweeping tariffs, President Trump claimed there had been a large decline in the price of eggs. That’s not the whole picture.

The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.

European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve tried before.

The chip companies in Taiwan, the center of the global supply chain, are expected to face pressure from Washington to invest more in the U.S.

China vowed countermeasures and the E.U. promised a unified response, while Britain and Japan refrained from immediate retaliation.

Global markets were in a tailspin on Thursday as policymakers and trade partners expressed dismay over president’s latest trade-war salvo.

The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.

President Trump’s trade war adds another challenge to the incoming government’s attempts to revive Europe’s biggest economy.

Not even America’s closest trading partners were spared by a policy broadside that spooked investors and left policymakers scrambling to formulate responses.

If airlines must refund airfare up to 24 hours after purchase, why not hotels? A traveler finds that even two minutes is too late to cancel a botched reservation at a ski resort.

Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.

The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.

The answer appears to begin with the total trade deficit America runs with its trading partners.

Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.

President Trump unveiled sweeping tariffs that included actions on dozens of countries at very high levels.

He wrote from Europe and Asia, served as a book critic and produced a raft of books, on subjects ranging from the French condition to multiculturalism.

President Trump announced sweeping levies on countries across the world. The tariffs create a dilemma for longstanding friends — and an opportunity for foes.

After finally achieving profitability, the streaming platform wants to be a healthy alternative to “doom scrolling.”

Milbank, based in Manhattan, agreed to provide $100 million in pro bono legal services to causes supported by the president and the firm.

Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.

The components used to assemble wind turbines are made by suppliers around the globe.

President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.

President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.

None of the nation’s top-10 firms by revenue have signed a legal brief demonstrating support for the law firm that is resisting an executive order.

The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks. TikTok faces a Saturday deadline to change its ownership structure.

European officials are weighing deploying a tool called the anti-coercion instrument that would potentially target American tech and financial giants.

The justices handed a win, for now, to the Food and Drug Administration in its rejection of applications from makers of flavored liquids used in e-cigarettes.

A growing body of research suggests that preventing the viral infection can help stave off cognitive decline.

European companies and officials are balking at what they see as a campaign to impose U.S. policy abroad.

Tariffs risk slowing growth and making inflation stickier, a tricky combination for the central bank as it debates what to do about interest rates.

The company said Mario Kart World and Donkey Kong Bananza would be part of the early game lineup, also sharing details on the console’s technical upgrades.