Trump, tariffs and Liberation Day
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ABC News |
U.S. stocks closed up on Wednesday ahead of President Donald Trump's announcement of sweeping tariffs, which the White House dubbed "Liberation Day."
Reuters |
Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negoti...
Reuters |
Trump's higher reciprocal tariffs imposed on Wednesday for 57 trading partners are paused for 90 days. These partners, which include the European Union, Japan, South Korea and, will instead revert to...
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While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
Apple's stock price surged following President Donald Trump's pause on tariffs, making it again the world's most valuable company.
Trump's announcement of mass tariffs on nearly all U.S. imports on April 2 immediately caused the stock market to free fall, according to a report from NBC News. On Thursday, the
At the same moment President Donald Trump claimed his universal tariffs were sure to send the stock market rocketing upward, unbeknownst to him, the values of the world’s largest companies were falling off a cliff.
Thrifty Big Apple shoppers were rushing to stock up on the basics Wednesday after President Trump’s sweeping reciprocal tariffs briefly went into effect — before he then announced a
4don MSN
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
Those moves marked some of the best days ever for these stock indexes, and while positive news about tariffs is welcome, investors still need to stay calm and play the long game. Trump announced the 90-day pause on tariffs from his Truth Social account,
It’s the rules of battle investors should pay attention to now that President Donald Trump has launched a full-bore trade war against enemies and allies alike.“Liberation Day,” as Trump dubbed the announcement of broad tariffs on U.