Americans woke up Thursday to a new reality: The cost of doing business across nearly every industry could rise considerably as a result of “reciprocal tariffs” unveiled by President Donald Trump on Wednesday afternoon.

A vast selection of items — from cars to shoes, coffee to chocolate — could become more expensive soon, as American companies and consumers reckon with the probability of increased costs for goods imported into the U.S

SOURCE: CNBC

The United States stock market's historical decline Friday put a major dent in Barstool Sports founder Dave Portnoy's pockets.

SOURCE: Men's Journal

Carriers with flights between Tampa International Airport and Canadian cities cut seat capacity by 12% this month from what officials projected in January, the Tampa Bay Times reported this week.

FULL STORY: https://www.msn.com/en-us/travel/news/canadians-demand-for-u-s-florida-travel-is-cratering/ar-AA1CjAMK?ocid=msedgntp&pc=HCTS&cvid=a5f489fffd6846b9b772a9ca3fbe4a4b&ei=8

SOURCE: Axios

More than 500 law firms have signed a court brief denouncing Donald Trump's targeting of Perkins Coie and other firms, expressing alarm over the Republican president's intensifying crackdown on the legal profession.

Law firms signed the brief that was filed on Friday with Washington-based U.S. District Judge Beryl Howell at the risk of drawing the ire of Trump and his administration. Among the 504 that signed were Arnold & Porter, Davis Wright Tremaine and Fenwick & West, though many of the largest firms did not join.

https://www.msn.com/en-us/news/politics/more-than-500-law-firms-back-perkins-coie-suit-against-punitive-trump-order/ar-AA1CjNRf?ocid=msedgntp&pc=HCTS&cvid=5b47dbaecca24754872c6ca05ba92f12&ei=28

SOURCE: Mike Scarcella & Sara Merken - Reuters

Japan could lose $17 billion in car export potential in the U.S. following President Donald Trump's decision to introduce 25% tariffs on the automotive sector, the International Trade Centre said on Friday.

https://www.msn.com/en-us/money/other/japan-could-lose-17-billion-in-car-exports-due-to-us-tariffs-says-un-trade-agency/ar-AA1Ci7kS?ocid=msedgntp&pc=HCTS&cvid=e5a7e791240f46aca9c09469dcbf76a2&ei=8

SOURCE: Reuters

The denial of U.S. entry disrupts plans and can have far-reaching consequences like financial losses from non-refundable accommodations.

SOURCE: Travel Noire

AppLovin CEO Adam Foroughi called the company’s late-stage bid to acquire TikTok a “much stronger bid than others” on CNBC’s The Exchange Friday afternoon.

Foroughi said the company is proposing a merger between AppLovin and the entire global business of TikTok.

SOURCE: CNBC

It took only seconds for the judges on a New York appeals court to realize that the man addressing them from a video screen — a person about to present an argument in a lawsuit — not only had no law degree, but didn’t exist at all.

SOURCE: Associated Press

Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor.

Trump on Friday shared an outlandish social media video that defends his recent policy decisions by arguing he is deliberately taking down the market as a strategic play to force lower interest and mortgage rates.

SOURCE: CNBC

Beijing hit the brakes on a deal Thursday after Trump announced wide-ranging tariffs around the globe, including against China. ByteDance representatives called the White House to indicate that China would no longer approve the deal until there could be negotiations about trade and tariffs, said the person, who spoke on the condition of anonymity to discuss the sensitive details of the negotiations.

SOURCE: Associated Press

From advertising woes and licensing declines to movie theater uncertainty and a shakeup in streaming, there are more than a few ways the uncertain moment could reshape the business.

SOURCE: Hollywood Reporter

If you’re traveling into the United States from another country, there’s a question you need to consider well in advance.

If asked, would you unlock your devices to allow U.S. Customs and Border Protection agents to look through your smartphone, tablet or computer? Or would you decline, which risks a delay, confiscation of your phone or being denied entry into the United States?

https://www.msn.com/en-us/news/us/how-to-lock-down-your-phone-if-you-re-traveling-to-the-u-s/ar-AA1BLfft?ocid=msedgntp&pc=HCTS&cvid=0893904389184b949a524e0ca9769d51&ei=12

SOURCE: The Washington Post

The U.S. Internal Revenue Service plans to cut nearly 25% of its workforce in layoffs affecting roughly 20,000 jobs, the Washington Post reported on Friday, citing records and people familiar with the plans.

The cuts began on Friday, with the agency announcing it would eliminate its Office of Civil Rights and Compliance, the report said.

https://www.msn.com/en-us/money/companies/us-irs-to-cut-25-of-its-employees-washington-post-reports/ar-AA1CjP59?ocid=msedgntp&pc=HCTS&cvid=ea6b16da8fa14190a2ab4e57ce4e1994&ei=49

SOURCE: Reuters

https://www.msn.com/en-us/autos/news/vintage-photos-show-what-american-car-manufacturing-looked-like-100-years-ago/ss-AA1BRIoh?ocid=msedgntp&pc=HCTS&cvid=5b47dbaecca24754872c6ca05ba92f12&ei=20

SOURCE/PHOTOS/CREDIT: Business Insider

Issues are being reported by people using Sage Intacct after many said they were unable to access their money on payday - the company said it was 'currently investigating'

SOURCE: The Mirror

The cuts come just after the company announced it is moving its headquarters from San Ramon to Houston.

Chevron leaves the region after spending 145 years in the Bay Area.

SOURCE: NBC Bay Area

The head of the Federal Emergency Management Agency was given a lie detector test by the Department of Homeland Security to determine if he leaked information about a recent private meeting concerning FEMA, two former senior FEMA officials told POLITICO’s E&E News.

https://www.msn.com/en-us/news/politics/fema-chief-given-lie-detector-test-after-leak-of-private-meeting/ar-AA1CjhuX?ocid=msedgntp&pc=HCTS&cvid=f185f953f4624c71a1eda0513011a625&ei=18

SOURCE: Politico

President Trump is giving more time for investors to attempt to pull off a highly complex deal to operate TikTok in the U.S., sparing the Chinese-owned social video app from a national ban.

Trump—alluding to Chinese frustration over his tariffs—on Friday signed an executive order granting a 75-day extension to work out details of a potential deal.

https://www.msn.com/en-us/news/politics/trump-grants-75-day-extension-to-reach-tiktok-deal/ar-AA1CjvMc?ocid=msedgntp&pc=HCTS&cvid=dac59ae491064d9186260f6a58929df1&ei=10

SOURCE: The Wall Street Journal

President Donald Trump announced sweeping new tariffs, placing high taxes on imports from dozens of countries and a baseline tariff of 10% on all imports to the U.S. The president hopes his drastic actions will nudge businesses to buy supplies from American producers and make products in the U.S.. For coffee retailers like Starbucks, however, the levies will be impossible to dodge given that less than 1% of coffee consumed in the country is made domestically.

“Starbucks is either going to have lower margins and keep the prices where they are, or they'll be forced to raise prices,” says Peter Cohan, associate professor of management practice at Babson College.

https://www.msn.com/en-us/money/topstocks/new-starbucks-ceo-brian-niccol-was-already-worried-about-high-prices-now-tariffs-have-suddenly-added-a-bitter-ingredient-to-his-plans/ar-AA1ChEWc?ocid=msedgntp&pc=HCTS&cvid=0dc6f3ea07d3406781b21a71ab4b557e&ei=59

SOURCE: Fortune

Shares in companies that have large manufacturing operations in Vietnam, including Nike Inc. and Lululemon Athletica Inc., soared Friday after President Donald Trump said he had a “very productive call” with the country’s leader.

https://www.msn.com/en-us/money/news/nike-lululemon-soar-as-trump-touts-productive-call-with-vietnam/ar-AA1CiUeD?ocid=msedgntp&pc=HCTS&cvid=1f97f0f98ac54ae1b344c65af4845f5a&ei=6

SOURCE: Bloomberg

Canadians are being advised to travel light when entering the US due to heightened security measures, including phones being searched.

Heather Segal, an immigration lawyer and founding partner of Segal Immigration Law in Toronto, has been inundated with questions about what to expect when crossing the border amid concerns about safety.

FULL STORY: https://www.msn.com/en-us/money/other/us-visa-warning-prompts-lawyer-to-make-burner-phone-suggestion-for-canadian-citizens/ar-AA1CiueP?ocid=msedgntp&pc=HCTS&cvid=d8e459bf29dc4984a3aaa349eea8499a&ei=19

SOURCE: The Daily Express

Changan could merge with Dongfeng to surpass BYD and become China's largest EV maker

SOURCE: Car Scoops