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 ...
Asian shares are climbing after President Donald Trump said tariffs on Mexico and Canada would be delayed for a month. Stocks ...
The U.S. trade deficit hit near-record levels in late 2024 as America's trading partners prepare to navigate Trump's tariffs.
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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