Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President Donald Trump. Tariffs of 25% on Canada and Mexico were due to take effect early Tuesday.
The broader market has seen a considerable decline over the past week as investors re-assessed tech names. Wall Street’s change of mind about AI already drove down stocks. Still, as the Trump administration announced more tariffs for China and remained stubborn on slapping tariffs on both Canada and Mexico,
Stock futures were little changed after the market failed to stage a rebound Monday. President Donald Trump indicated tariffs on Canada and Mexico could go into effect next week. Home Depot narrowly beat Wall Street's fourth-quarter earnings and revenue expectations.
US Treasury Secretary Scott Bessent projected confidence in President Donald Trump’s expansive plans to tariff foreign nations even as the stock market slumped in reaction to the first round of levies on Canada and Mexico.
U.S. President Donald Trump is expected to retreat more on 25% tariffs against Canada and Mexico after Wall Street opened with big losses for stocks Thursday and businesses and consumers
U.S. President Donald Trump is expected to retreat more on 25% tariffs against Canada and Mexico after Wall Street opened with big losses for stocks Thursday and businesses and consumers
CNBC's Jim Cramer commented on Donald Trump's tariffs on Mexico and Canada going into effect this morning, saying that Wall Street is confused about who has to pay what, how much, and to whom. "There's just vast confusion,
The Trump administration imposed tariffs on imports from Canada and Mexico starting Tuesday and doubled tariffs against imports from China.
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.
Stocks are falling again on Wall Street as companies and investors react to President Trump’s decision to impose tariffs.
Stocks tumbled for a second consecutive trading day as President Trump's new tariffs go into effect on the U.S.'s biggest trading partners.
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