The Stock Market Is Barely Keeping Up With Trump’s 48-Hour Trade War
China, which Trump announced will get hit with a 10 percent tariff starting Tuesday, will reportedly have a call with the White House soon. Early Tuesday, Beijing announced a 15 percent levy on certain types of coal and natural gas, and a 10 percent tariff on various vehicle parts, machinery, and crude oil.
Before the U-turn on tariffs, Goldman Sachs said “there is a substantial probability that the tariffs on Canada and Mexico ...
The moves were driven largely by the expectation that tariffs and a possible full-blown trade war would stoke inflation.
Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
Tesla was particularly battered as it joined Apple (-3%) and Nvidia (-3%), as American multinational companies with the ...
Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way.
Asian shares are climbing after President Donald Trump said tariffs on Mexico and Canada would be delayed for a month. Stocks ...
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion ...
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