Trump, China and Live Updates
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As investors reel after the president announced across-the-board tariffs, attention turns to the Labor Department’s monthly report, which will be watched for any impact from federal job and budget cut...
From The New York Times
President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing levies on countries around the globe, including America’s largest ...
From The New York Times
Shares slid again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs.
From BBC
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Federal Reserve Chair Jerome Powell said uncertainty is high. U.S. stocks extended already deep losses on his remarks.
China announced that it will impose a 34% tariff on imports of all U.S. products, part of a flurry of retaliatory measures following Trump’s “Liberation Day” slate of double-digit tariffs.
President Donald Trump vowed Friday to stay the course on his sweeping tariffs plan, which on Thursday sent U.S. financial markets into their steepest one-day decline since 2020 and prompted retaliation from some major trading partners.
The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Vietnam, Taiwan, while also blasting the European Union. FOX Business is providing real-time updates on the markets,
The Dow, S&P 500 and Nasdaq are under pressure for a second day as global investors sell equities in response to President Trump’s sweeping tariffs against the majority of U.S. trading partners, including China who is retaliating.
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Stocks plummeted for a second consecutive day as China announced it would impose a 34% tariff on American goods in response to President Donald Trump's levies on the Asian nation.
It has strengthened this morning, following a plunge amid the tariff tumult. The pound is at a session low, now down by 0.8% and below $1.30. The euro has reversed an earlier rise against the US currency too.
Dow drops more than 1,100 points as China hits back with tariffs on US imports. Follow live updates.
US markets opened Friday with a drop, coming off the S&P 500's worst day since 2020 and following China's move to match President Trump’s big raise in tariffs.