US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.
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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.
US stocks opened sharply lower Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that escalates a global trade war.
Wall Street’s so-called fear gauge jumped Wednesday as investors braced for volatility ahead of a President Donald Trump’s tariffs announcement. However, it’s not the most scared the market has been this year,
U.S. stocks plunged and global stocks slumped after Trump slapped a 10% tariff on most goods imported to the U.S.
US President Donald Trump announced a 26% “discounted reciprocal tariff” on Indian imports, citing India's high duties on US goods. He noted that India imposes a 56% tariff on American products, prompting the US to counter with a 26% levy.
So how does the Trump team's “discounted reciprocal tariff” for some key trading partners compare with the tariff rates that they charge on average? That’s covered in the story below, which features a handy chart.
The White House’s new tariffs were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts appear to match a basic formula: the size of a country's goods-trade imbalance with the U.
That wasn’t the speech stock traders were hoping for. Stock futures staged a U-turn during President Trump’s speech in the Rose Garden, erasing earlier gains and falling sharply. Heading into the announcement,