The Stock Market Is Barely Keeping Up With Trump’s 48-Hour Trade War
China, which Trump announced will get hit with a 10 percent tariff starting Tuesday, will reportedly have a call with the White House soon. Early Tuesday, Beijing announced a 15 percent levy on certain types of coal and natural gas, and a 10 percent tariff on various vehicle parts, machinery, and crude oil.
The tech-heavy Nasdaq index dipped 0.7% shortly after market open. Leading the losses was an 8% drop for Google parent ...
The moves were driven largely by the expectation that tariffs and a possible full-blown trade war would stoke inflation.
Knewz on MSN1d
How Trump's Wide-Scale Tariffs on America's Largest Trading Partners Have Sent Global Stock Market into FreefallTrump's tariffs on Canada, Mexico, and China have shaken financial markets, with economists warning the move has plunged the ...
Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the ...
4don MSN
Stocks surrendered early gains and closed lower after the White House said President Donald Trump would impose promised ...
Before the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico ...
Feb. 1 Canada and Mexico both levied retaliatory tariffs on U.S. imports in response to Trump’s directive, while China said it would file a lawsuit with the World Trade Organization and take ...
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