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Trump, tariffs and markets

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Four political scientists told BI the bills are symbolic objections and are all but guaranteed not to pass.
From Insider
The tariffs will take effect on April 9 and appeared to target about 60 countries.
From Reuters
Shares slid again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs.
From BBC

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Trump tariffs live updates: 'Only the weak will fail,' Trump says as markets fall
Fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday,
How Trump's tariffs rollout turned into stock market mayhem
President Donald Trump's tariffs were expected to be a problem for markets and the economy, but a manageable one. What actually emerged, though, has been economic and geopolitical mayhem. Markets recoiled at the developments,
Sure, Congress could stop Trump's tariff plan, but they won't
Four political scientists told Business Insider Congress has the power to stop Donald Trump's tariff plan, but there's almost no chance they will.
Dollar sinks as investors grapple with tariff aftermath
The U.S. dollar sank against major peers on Thursday, dropping to six-month lows against the euro, and the safe haven yen and Swiss franc, as investors grappled with how U.S. President Donald Trump's far-reaching tariffs will impact global trade and economic growth.
Markets plunge as trade war escalates
Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today sent markets sliding.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
Worst week for US stocks since Covid crash as China hits back on tariffs
The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.
Stocks Drop Again as Trade War Intensifies
Continued worries about the disruption of President Trump’s trade policies and retaliation by major trading partners, overshadowed an unexpectedly strong report on the U.S. labor market.
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
Trump goes all in with bet that the heavy price of tariffs will pay off for Americans
WASHINGTON (AP) — Not even 24 hours after his party lost a key Wisconsin race and underperformed in Florida, President Donald Trump followed the playbook that has defined his political career: He doubled down.
Trump’s ‘reciprocal’ tariffs aren’t quite what they seem. Here’s the real story
The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.
CNET on MSN22m
Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.
US businesses brace for impact as latest round of Trump tariffs kicks in
Stock markets in Asia have fallen for a second day after US President Donald Trump announced a salvo of tariffs hitting 180 countries and territories, as concerns grow about a global trade war.
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Trump tariffs are weakening the dollar instead of boosting it—further adding to the price Americans will pay for costlier imports
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
Donald Trump approval rating today: Here's what polls say amid tariffs and trade disputes
Here's what today's polls and the American public say about President Donald Trump's job performance and current approval ratings amid tariff chaos.
How Trump’s Latest Tariffs Could Affect Your Wallet
Consumers are also likely to feel the pinch of tariffs in home buying, Breyault said. The new taxes on building materials are estimated to increase the average costs of a new home by $9,200, according to an analysis by the National Association of Home Builders.
Stock market losses intensify after China matches Trump tariffs
The Wall Street sell-off triggered by President Donald Trump's trade policies intensified Friday after China matched Trump's new tariffs. It's the worst two-day streak for the stock market since the early days of the COVID pandemic.
What is President Donald Trump's current approval rating? See the most recent polls
President Donald Trump's approval ratings dipped to a new second-term low this week. See what the latest polls rated Trump and how it compares to past terms.
US starts collecting Trump's new 10% tariff, smashing global trade norms
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
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