Trump, stock market
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CNN |
Economists said the economic damage is done, and many predict a US and global recession.
Reuters |
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
Reuters |
Trump kept the pressure on China and immediately hiked the tariff on Chinese imports to 125% from the 104% level that kicked in on Wednesday.
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The stock market and some Arizona companies took it on the chin after Trump announced tariffs that could slow the economy and raise consumer prices.
T he U.S. and global stock markets have been hit hard since President Donald Trump announced his latest tariffs on April 2. The so-called “Liberation Day” saw the introduction of blanket 10% tariffs on all imported goods, and additional import taxes placed on 60 other countries.
President Donald Trump’s tariff policies are sending stock markets lower around the world and experts are offering some time-honored advice about what to do. If you have decades ahead of you until retirement, the best course is to leave your 401 (k) alone, according to Fortune.
Shortly after the close, our final stock market update provides a concise review of the day ... starting Wednesday, if China does not withdraw its 34% tariff on U.S. imports. Selling increased in response, but major indices remained well above their ...
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Market corrections are fairly common in the US. Since 1929, the S&P 500 has logged a correction 56 times, according to a Reuters analysis of data from Yardeni Research.
U.S. stocks soared to one of their best days in history after President Trump said he would back off on most of his tariffs temporarily.