Global Stocks Mostly up Despite New Trump Tariffs, Nasdaq at Record
- On Monday, President Trump announced 25 percent tariffs on Japan and South Korea, starting August 1, citing bilateral trade deficits as a concern.
- Global stocks are mostly up even after President Trump announced 25 percent tariffs on Japan and South Korea.
- The U.S. imported $148.4 billion in goods from Japan and $131.6 billion from South Korea last year.
- Critics argue that these tariffs could harm American businesses and consumers, particularly farmers in states like Kansas and Wisconsin.
52 Articles
52 Articles
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On February 21st, President Trump issued a National Security Presidential Memorandum making it the policy of the U.S. government to stop underwriting the Chinese Communist Party. Three months later, Jamie Dimon’s JP Morgan and Brian Moynihan’s Bank of America flouted that “America First Investment Policy.” They helped arrange for Americans and others to invest over
STRENGTHENING WEIGHT TO EVERYTHING What global stock exchanges have shown this week is that it can continue to rise in the midst of Donald Trump’s tariff treats. In fact, it is something that they have been demonstrating, to a greater or lesser extent, all year round, but this week has been especially evidenced, with the indices setting new peaks of all time on Wall Street and the Old Continent squares also adding. This, despite Trump’s being al…
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