Trump, Stock Market and Tariff
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Forbes |
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
Reuters |
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 ...
Variety |
In a statement Friday, China’s Finance Ministry said, “This practice of the U.S. is not in line with international trade rules, seriously undermines China’s legitimate rights and interests, and is a t...
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The stock market fell significantly on Thursday after President Donald Trump’s “Liberation Day” announcement. Trump began his “Liberation Day” announcement after 4 p.m. on Wednesday, when markets closed for the day,
Trump's announcement of mass tariffs on nearly all U.S. imports on April 2 immediately caused the stock market to free fall, according to a report from NBC News. On Thursday, the
U.S. stocks closed up on Wednesday ahead of President Donald Trump's announcement of sweeping tariffs, which the White House dubbed "Liberation Day." The Dow Jones Industrial Average climbed 230 points, or 0.5%, while the S &P 500 rose 0.6%. The tech-heavy Nasdaq increased 0.8%.
While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
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Mediaite on MSNBREAKING: Stock Market NOSEDIVES at Opening Following Trump Tariff ‘Liberation Day’The Dow Jones Industrial Average nosedived Thursday morning as markets opened, following Trump's "Liberation Day" of announcing massive tariffs. The post BREAKING: Stock Market NOSEDIVES at Opening Following Trump Tariff ‘Liberation Day’ first appeared on Mediaite.
President Donald Trump’s promised “liberation day” of tariffs is here. How investors can navigate any market volatility coming after April 2.
3don MSN
What President Donald Trump has billed as “liberation day” is here, but investors may need to wait until after the stock market’s close to learn the details of his latest plan for tariffs.
Overseas markets also slid Friday. In overnight trading in Asia, Tokyo's Nikkei 225 lost 2.8%, while South Korea's Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for holidays, limiting the scope of Friday's sell-offs in Asia.
Tomorrow is what President Trump calls "Liberation Day" as he is expected to announce new tariffs. NBC News' Melanie Zanona reports more from Capitol Hill. Also, NBC News' Christine Romans joins Katy Tur to provide more insight on the markets and the potential economic impact.