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President Donald Trump remained defiant on April 7 as global markets continued plunging and fears of a recession grew after his tariff announcement last week.

Jeep maker Stellantis is offering fresh discounts across its brands while Hyundai pledged to hold prices steady until June 2 in a bid to ease fears that tariffs will make cars more expensive.

USDA will release nearly $260 million in new funds among a pot of $537 million in biofuel grants for 543 ethanol and biodiesel projects in 29 states.

Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships.

Nissan Motor decided to stop selling a pair of Mexican-built Infiniti SUVs in the U.S. market, in response to President Donald Trump’s sweeping tariffs on car imports.

Brookfield Infrastructure Partners and its institutional associates agreed to acquire Colonial Enterprises, the operator of the biggest U.S. fuel pipeline, in a $9 billion deal.

U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience. The unemployment rate ticked up to 4.2%.

China announced April 4 that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following the U.S. slate of tariffs.

Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe.