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 moves were driven largely by the expectation that tariffs and a possible full-blown trade war would stoke inflation.
The tech-heavy Nasdaq index dipped 0.7% shortly after market open. Leading the losses was an 8% drop for Google parent ...
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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 ...
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Stocks surrendered early gains and closed lower after the White House said President Donald Trump would impose promised ...
Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the ...
Before the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico ...
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