Trump, Stocks and import tariffs
Digest more
Top News
Overview
Impacts
The S&P 500 on Friday delivered its worst performance since the start of the pandemic back in 2020.
From The Motley Fool
U.S. stocks took a heavy beating for two days in a row last week.
From Wall Street Journal
If they last a long time, economists and investors expect them to cause a recession.
From Boston.com
Read more on News Digest
Experts say tariffs will affect everyday purchases, but as negotiations continue, exact price increases remain unclear.
An additional 50% tariff on China went into effect Wednesday, bringing the total tariff rate against Beijing to 104%.
President Donald Trump's tariff announcements are wreaking havoc on the auto industry. Here's why car buyers should approach the market cautiously.
Hundreds of Indonesians are flocking to buy gold bars, betting that the precious metal's value could shield them from tougher economic times ahead as the currency and the stock market tumble in South East Asia's largest economy.
Ken Griffin: The Citadel founder—and major Republican donor—said at an event Monday that Trump’s tariffs are a “huge policy mistake,” with Bloomberg reporting he urged audience members to lobby Trump to step back on the tariffs and said he’s “really afraid of [the U.S.] abdicating our role of leadership for the free world.”
Stocks closed sharply lower Tuesday after a late-session slide erased huge earlier gains, as investor continue to fret about the potential impact of tariffs being imposed by the Trump administration.
Indonesia's palm oil industry and farmer groups on Wednesday urged the government to reduce export costs, to offset the impact of market distortion caused by 32% U.S. reciprocal tariffs on Indonesia's exports.
The US president has threatened to hit Beijing with the higher tariff if it did not withdraw its own retaliatory levy.