Wall Street, recession and Tariff Retaliation
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Bloomberg |
The trade war he unleashed is threatening to set off a worldwide recession — and fast.
Houston Chronicle |
U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partner...
Reuters |
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...
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The VIX, known as the stock market's fear gauge, has soared in recent days. Stocks crumbled again on Friday after the worst loss since 2020.
President Trump’s mad trade war is all about goods, but financial services are also suffering from the White House’s arbitrary global tariffs. Bank stocks sold off harder than the wider S&P 500 index on Thursday,
Trump announced sweeping tariffs on U.S. trading partners sparking fears of a global trade war. He said it is necessary to make it fair for American manufacturers and return jobs to America. However, experts have said his plan could have a massive negative impact on the economy.
U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”
Apple’s costs are about to go way up thanks to tariffs. The biggest question facing the world’s most valuable company now is whether to make customers pay for it—or investors. It’s a question with no easy answers—as evidenced by Apple’s share-price wipeout Thursday.