Trump, tariff and stock market
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Countries are scrambling to figure out how to respond to the tariffs, with China and others retaliating quickly.
From Las Vegas Sun
Wall Street is careening through a shocking day of trading Monday, catapulting from an early drop that had dragged it 20% below its record to a sudden rise, only to revert to losses as worries remain...
From Chicago Sun-Times
Late Sunday, Trump reiterated his resolve on his decision to introduce tariffs of 10% to 50% on goods imported into the U.S., a move seen as massively disrupting world trade and supply chains across b...
From Star Tribune
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But some economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all. Start the day smarter. Get all the news you need in your inbox each morning.
The tariffs sent global markets plunging and is expected to have a drastic impact on U.S. consumers and industries. Despite President Donald Trump’s claim that tariffs will boost domestic production,
Bank of England Deputy Governor Clare Lombardelli said on Tuesday that it was still too soon to judge the inflation impact for Britain of U.S. President Donald Trump's tariffs amid ongoing responses from other countries.
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A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.
Stocks are rebounding Tuesday after investors suffered a three-day sell-off that wiped out trillions in market value amid anxieties about the economic impact of President Trump's wide-ranging reciprocal tariffs.
Ford CEO Jim Farley told Fox that Ford can tolerate tariffs, there are even some benefits, but only if details on parts get sorted out.
Everything from apparel to wine is in Trump’s crosshairs. And low-and-middle-income Americans will face the brunt of the tariffs.
The auto industry is in a state of uncertainty as consumers and manufacturers alike grapple with the recently implemented 25 percent tariffs on all imported vehicles
When the economy slows down, the price of oil tends to fall. But this time, OPEC+ is increasing production despite weak demand.