JCB, a major British manufacturer, has announced plans to double the size of its Texas factory and increase production in response to President Trump's tariffs. The move will create jobs for 1,500 people and expand the factory from 500,000 square feet to one million square feet. This decision comes as Labour tries to keep the UK economy growing amid fears of job losses due to the tariffs.

Former House Speaker Nancy Pelosi’s net worth has fallen by approximately $7 million due to Donald Trump’s tariff announcement. Pelosi, who consistently ranked as one of the wealthiest lawmakers on Capitol Hill, had doubled her net worth over the past decade from $123 million in 2014 to an estimated $270 million earlier this year.

Nintendo has paused the preorder of its Switch 2 console in the US due to President Trump’s tariffs, originally set to start on April 9, 2025. The company is assessing the potential impact and evolving market conditions before updating the timing. The launch date remains unchanged at June 5, 2025, with the system priced at $449.99; however, Nintendo will have to absorb previously unknown costs to maintain this price.

According to JPMorgan analysts, there is a 60% likelihood of a recession in the US, up from their previous prediction of 40%. The bank attributes this risk to tariff policies implemented by President Trump, which they believe will disrupt global trade and lead to rising prices for American consumers. This could result in months of decreased investment, job losses, and continued inflation.