US EditionUS markets flail amid trade war, uncertainty in Washington
- President Donald Trump received a report of a lower-than-expected inflation rate of 2.8% for February from the Labor Department, which alleviated some concerns amid stock market turbulence caused by a trade war.
- The S&P 500 index experienced volatility, falling by 10% at one point due to a trade war and uncertainty in Washington.
- The European Union announced retaliatory tariffs on U.S. goods in response to Trump's tariffs on steel and aluminum, affecting various products.
- Economists warned that consumer uncertainty and inconsistent tariff policies could hinder economic stability moving forward.
43 Articles
43 Articles
Cooler inflation isn't enough to save stocks from fresh tariff threats
Alex Wong/Getty ImagesThe stock sell-off resumed Thursday after a mild respite in the prior session.Major indexes traded lower as Trump threatened more tariffs on imports from Europe.The tariff noise drowned otherwise upbeat news of back-to-back tame inflation reports.The market got two surprisingly tame inflation readings this week, but the upbeat data is getting drowned out by more trade war noise from the White House on Thursday.Stocks slid a…
Is Trump Falling Into the Trump Tarriff Trap?
The Democrats are once again abdicating the jobs terrain to Trump, hoping instead that his tariff toy will blow up in his dictatorial hands. Instead of calling tariffs “insane,” Democrats should call them job-killing tariffs. And as prices rise, they can blame Trump for that as well.
Bettina Rockenbach is a behavioral economist and new president of the Leopoldina. Here she explains how politics should deal with the loss fears of the Germans – and how the behavior of the US president can be explained.
Inflation cools as tariffs threaten to lift prices
WASHINGTON — U.S. inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher.
US markets flail amid trade war, uncertainty in Washington
U.S. President Donald Trump received a piece of good news Wednesday morning, when the Labor Department reported a lower-than-expected annualized inflation rate of 2.8% for February. It was a bright spot in a week that had seen stock market turmoil in response to the escalation of a potentially damaging trade war and continued uncertainty about the administration's ongoing effort to slash the federal workforce. At one point on Tuesday, the S&P 50…
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