How Trump’s tariffs and trade war are impacting U.S. and global economies

The escalating trade war between the U.S. and China is continuing to inject uncertainty into the world’s two largest economies. Over the weekend, President Trump and top trade officials added to the confusion, carving out exemptions for tariffs on electronic products. To discuss the trade war, William Brangham spoke with David Wessel of the Hutchins Center on Fiscal and Monetary Policy. PBS News is supported by - https://www.pbs.org/newshour/about/funders

There is more fallout from a Russian missile strike in northeastern Ukraine that killed dozens of civilians on Palm Sunday. Ukrainian President Volodymyr Zelenskyy called Russia “filthy scoundrels," while President Trump blamed both Ukraine and Russia for the start of the war. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

As the world races to curb climate change, scientists are taking aim at cows, a surprisingly potent source of greenhouse gases. Science correspondent Miles O’Brien traveled from California to Mexico and Australia to explore a bold idea that could make a big impact. It's part of our series, Tipping Point. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Sunday, two Russian missiles struck the Ukrainian city of Sumy and killed at least 34 people during Palm Sunday celebrations, police say an arsonist attacked Pennsylvania Gov. Shapiro’s residence, the Trump administration says the Maryland man it wrongly deported is alive in El Salvador, and the White House physician said Trump is in excellent health. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In Oman on Saturday, the United States and Iran appeared to take the first steps that could lead to a new agreement to limit Iran’s nuclear activities and lift U.S. economic sanctions. The White House described the talks as “very positive and constructive.” Iran’s foreign minister said the two sides will meet again in a week. John Yang speaks with policy analyst Karim Sadjadpour for more. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Saturday, Israeli forces said they have completely encircled Rafah in southern Gaza, the Trump administration is excluding smartphones, laptops and other electronics from tariffs, Trump said he’s in good shape after his annual physical, and the CDC says there are now more than 700 confirmed cases of measles in 25 states. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The U.S. trade war with China continues to escalate with no apparent end in sight. On Friday, Beijing announced it would raise rates on American goods in retaliation to President Trump’s sharp increase in tariffs on the world’s second-largest economy. Lisa Desjardins reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

For a closer look at how President Trump's tariffs are already impacting the U.S. and global economies, Amna Nawaz spoke with Mary Lovely, a senior fellow who studies tariffs at the nonpartisan Peterson Institute for International Economics. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Taiwan is strengthening its military and society to fend off aggression from mainland China. In recent years, the people in Taiwan have increasingly identified themselves as Taiwanese, not Chinese, in everything from food to sports. Nick Schifrin reports for our series Taiwan: Risk and Resistance. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Markets dropped again Thursday as investors and businesses focused on the escalating U.S.-China trade war and what it could mean for the economy. For his part, President Trump showed no immediate signs of easing the Chinese tariffs. John Yang reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders