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Trump, Stock

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Yahoo |
the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.
U.S. News & World Report |
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
USA Today |
According to a poll conducted by AP-NORC, Trump’s approval rating has hit a new low for his second term.

Read more on News Digest

Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock
Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump's shock announcement of harsher-than-expected global tariffs,
Stock market plunges for second straight day after Trump's tariff announcement
NBC News' Christine Romans reports after the stock market closed after another plunge following President Trump's tariff announcement, marking the two worst trading days since March of 2020.
Tracking Trump: Stocks tank after tariff announcement; nations prepare to retaliate; National Security Council firings; and more
Stocks tumbled a day after President Donald Trump’s tariff announcement. China and the E.U. are preparing countermeasures to the tariffs. Trump fired numerous staff at the National Security Council. Trump exaggerated arrests immigration officials have made.
Trump's Tariffs Aren't Strictly Reciprocal. Here's How He Calculated Them
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods
What are reciprocal tariffs? Here’s what Trump is doing with them, list of impacted countries
Trump announced on Wednesday that his administration will be imposing reciprocal tariffs on dozens of countries. Here's when they go into effect
Trump’s Tariff Push Is a Race Against Time, and Potential Voter Backlash
President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers, will likely raise prices for U.S. consumers, and threatens to sharply slow the econom
Trump tariffs come after Trump's approval rating hits new low; stock futures sink
Trump announced sweeping tariffs Thursday, which caused markets to plummet, but the president believes they'll help the country going forward.
The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through financial markets at a level of shock unseen since the COVID-19 pummeled world markets in 2020. Trump announced a minimum tariff of 10% on global imports,
These Are the Places Affected by Trump's Tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars

Trump, tariffs

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Overview
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ABC News |
President Donald Trump's tariffs announcement is like "pouring salt in a wound that is just now beginning to heal."
Bloomberg L.P. |
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations.
Reuters |
Outside economists have warned that tariffs could slow the global economy, raise the risk of recession, and increase living costs for the average American family by thousands of dollars.

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How are small businesses reacting to Trump's tariffs announcement?
Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.
Key moments and reaction to Trump's "Liberation Day" announcement of new tariffs
Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Here's what to know about Trump's tariff announcement
President Donald Trump said the United States will put at least a 10% tariff on all goods coming into the country, with much higher tariffs for some of America's closest trading partners, in a sweeping move that could revamp global trade and the U.S. economy.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
Trump unveils reciprocal tariffs at 'Liberation Day' White House event
President Donald Trump announced sweeping tariffs on dozens of nations during a White House event he dubbed 'Liberation Day.' Here are some key moments.
Trump's tariffs stoke global trade war as China, EU hit back
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
Sweeping tariffs imposed by President Trump begin Thursday
Sweeping tariffs imposed by President Trump go into effect Thursday. Dozens of countries are facing reciprocal tariffs. CBS News New York's Dick Brennan has the details of the president's plan.
Trump announces new tariffs on what he calls "Liberation Day" amid fears of higher prices
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, along with further "reciprocal tariffs."
Trump’s TikTok Plan Upended by Chinese Objections Over Tariffs
President Donald Trump had nearly clinched an agreement with TikTok’s Chinese owner ByteDance Ltd. that would spare the popular app from a US ban, but the deal was scuttled after China withheld its approval following this week’s tariff announcement,
TikTok Ban Delayed. A Deal to Spin Off the App Was Derailed After Trump’s Tariffs Announcement, Source Says.
Tump said in a post that his administration has been working ‘very hard on a deal to SAVE TIKTOK,’ and has made ‘tremendous progress.’
Trump to announce tariffs today: What to know about White House press conference
President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
After Trump tariffs, JPMorgan raises chance of recession to 60%
JPMorgan warned of an increased recession risk due to President Donald Trump's tariff policies, while Peter Schiff thinks the U.S. has been in recession for a while.
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Exclusive: Klarna Pauses Planned IPO in Wake of Trump Tariff Announcement
Klarna, the specialty lending and online payments provider, has halted its planned initial public offering, the latest IPO casualty in the wake of the Trump administration’s sweeping tariff announcement.
Trump declares sweeping 10% tariffs on imports from all countries
The much-anticipated tariffs announcement fuels a global trade war and comes amid warnings from around the world that retaliation would follow.
Powell predicts higher inflation, slower growth after Trump's tariffs announcement
Federal Reserve Chair Jerome Powell said higher inflation and slower growth are more likely as more details emerge about President Trump's tariffs. CBS News contributor Javier E. David has more.
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