See every side of every news story
Published loading...Updated

The Memo: Trump under pressure on tariffs as Dow sinks again

  • Global markets plummeted following President Trump's imposition of tariffs on U.S. Foreign trade partners.
  • President Trump's new tariffs on imports triggered the market selloff, prompting retaliatory tariffs from other countries.
  • The Dow Jones fell, and analysts highlighted a rare sell-off signal last seen during the Great Depression.
  • Ryan Detrick noted that a third consecutive day with the S&P 500 down 4% has only happened during the Great Depression.
  • Economists suggest consumers will bear the cost of tariffs, while recession fears and potential impacts on corporate earnings grow.
Insights by Ground AI
Does this summary seem wrong?

58 Articles

All
Left
8
Center
18
Right
6
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 56% of the sources are Center
56% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

citywire.com broke the news in on Monday, April 7, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.