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The Can Manufacturers Institute warns that newly enacted steel and aluminum tariffs will increase the cost of canned goods and beverages, harming the competitiveness of the U.S. can industry. They urge President Trump to provide targeted tariff relief to ensure the continued production of "Made in America" products.

A highly secretive court hearing in London, believed to be related to Apple's appeal against a UK government demand for backdoor access to its encrypted cloud systems, has drawn criticism from civil liberties groups who say the UK's demand undermines global digital privacy. The closed-door nature of the hearing has also raised concerns about transparency and accountability.

J.P. Morgan analyst Ken Goldman has maintained a Neutral outlook on The Hain Celestial Group, reducing the company's price forecast from $6 to $5 due to weaker-than-expected sales trends. Although certain product categories show relative strength, challenges in snacks and international segments raise concerns about the company meeting consensus EBITDA expectations.

Harold Hamm, founder of Continental Resources, cautioned that current low oil prices around $65 per barrel threaten U.S. shale drilling operations, which are approaching unsustainable cost levels. Industry leaders highlight additional pressure from inflation and unpredictable trade policies under Trump, increasing uncertainty and financial challenges for the sector.

Consumer confidence in the United States plummeted in March, with a significant 11% drop compared to the previous month and a concerning 22% decline since December 2024. This decline is attributed to historically high inflation expectations, which have reached 4.9%, the highest level since November 2022.