Trump tariffs live: Stocks tumble as Trump takes world to brink of full-blown trade war
- President Trump announced sweeping tariffs on U.S. Imports on Wednesday, escalating global trade tensions.
- Trump stated that the tariffs were a response to duties and non-tariff barriers on U.S. Goods.
- The tariffs include a baseline 10% duty and higher rates for some key trading partners.
- Trump presented a poster showing tariffs: China at 67%, EU at 39%, and Vietnam at 90%.
- Global markets reacted negatively; economists warned of recession and higher consumer costs.
101 Articles
101 Articles
'Go buy stocks!' MAGA senator urges cashing in on tariff market crash
President Donald Trump's announcement of new tariffs sent Wall Street into a tailspin as investors panicked about the sharp new taxes on imports worldwide, which would curtail supply chains and raise prices. But to hear it from Trump loyalist Sen. Bernie Moreno (R-OH), Trump has created a great oppo...
ANALYSIS | Trump wants to upend the entire global order. Can he stomach the price tag?
On the one hand, the U.S. president wants to upend 70 years of global trade and fundamentally change the way the world does business. But in handing out exemptions and carve-outs, he’s trying to do that in a way that doesn’t cause much pain for American businesses and consumers.
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