Trump's Reciprocal Tariffs Impact the Stock Market
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What actually emerged, though, has been economic, market and geopolitical mayhem.
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President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
Reuters |
So far, Washington has said the base 10% tariffs will go into effect on April 5 and the higher rates on April 9.
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Investor's Business Daily on MSNStock Market Today: Dow Loses 2,200 Points As Markets In Freefall; Nasdaq Enters Bear Territory (Live Coverage)S tocks kept sliding right into the close Friday as the Dow Jones Industrial Average nose-dived by more than 2,200 points and the Nasdaq careened into bear territory in the wake o
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
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Investor's Business Daily on MSNStock Market Today: Dow Plunges Nearly 1,700 Points; Small Caps Hit Bear Ground But These Stocks Shine (Live Coverage)Tech, small cap, bank, private equity and other stocks led a furious sell-off in the stock market today in the wake of sweeping tariffs by President Trump.
The Dow Jones lost 1,679 points (-3.98%) to close at 40,545.93, while the Nasdaq tumbled 5.97% to 16,550.61. Over 400 S&P 500 stocks ended in the red, pushing the index 12% below its February peak.
All but one FTSE stock fell on Friday, with Rolls-Royce, banks and miners among those suffering the sharpest losses. Sir Keir Starmer will be holding talks with global leaders this weekend. US Secretary of State Marco Rubio has defended Mr Trump’s tariffs, saying he was confident the markets would bounce back.
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PRESIDENT Donald Trump has unleashed a searing warning as he hits back at China for imposing revenge tariffs and continues to wage war over the future of TikTok. He cried, “Only the weak
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Trump’s announcement sent shockwaves through markets around the globe Wednesday, with the S&P 500 plunging 2.8 percent and the Nasdaq 100 losing more than 3 percent in the U.S., according to exchange-traded funds tracking the markets Wednesday.
The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Vietnam, Taiwan, while also blasting the European Union. FOX Business is providing real-time updates on the markets,
The tariffs announced on “Liberation Day” sent stocks reeling to their worst day since since the COVID crash of 2020 because they were much harsher than investors had been expecting. They also raised the fear that Trump may push through with them to win long-term gains, such as more manufacturing jobs in the United States.