Wall Street Futures Slip After Trumps Steel, Aluminum Tariff Threats
9 Articles
9 Articles
New York's main stock indexes show downward movements at the start of Monday's day, following the volatility that markets face after the Trump declarations, after the president threatened to raise tariffs on steel and aluminium to 50 percent.On the other hand, markets are waiting for employment figures in the US towards the end of the week.The Nasdaq reports a fall of 0.05 percent, at 19 thousand 104.63 points, followed by the S&P 500 which drop…
Wall Street Opens Lower After Trump's Steel Tariff Threat
(Reuters) – Wall Street’s main indexes dipped on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies. Trump said late on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25% starting Wednesday, just hours after he accused China of violating an agreement. Shares of U.S. steel companies rose, with Cleveland-Cliffs jum…
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