Trump, Fool's Day
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The Atlantic |
Trump’s announcement about a new wave of reciprocal tariffs comes at a moment when his White House is facing a sobering reality.
USA Today |
Trump is expected to announce a massive tariff program on Wednesday, impacting major countries globally.
USA Today |
Reciprocal tariffs can lead to increased prices for certain imported goods, according to The Economic Times.
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Wall Street futures plunged Thursday morning after President Donald Trump unveiled a historic batch of reciprocal tariffs that could fuel an all-out trade war and batter economies around the world. Futures tied to the Dow Jones Industrial Average lost 1,214 points, or 2.86%, by about 9 a.m. ET.
In a new report out this week, global investment bank Barclays has claimed April 2 – the date the world will learn the scale of the new tariffs the US is proposing – will be a “day of reckoning” that could lead to recessions around the world if mismanaged in America and other countries.
The haphazard and irresolute messaging on tariffs from the White House, the lack of open consultation and the constant shifts in position have created chaos on the world's financial markets. And none more so than in New York.
Dreaded April 2, when United States President Donald Trump had warned of announcing reciprocal tariffs, had come and brought bad news to many countries in
Some Democrats — such as California Gov. Gavin Newsom and Rep. Seth Moulton of Massachusetts — have come out against transgender athletes participating in women’s sports, drawing backlash from within their party.
President set to unveil secret tariff plan as world braces for its economic impact - All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving glob
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AAP Newsroom on MSN'Zero-sum game' as rival leaders talk tough on tariffsAnthony Albanese and Peter Dutton will be expected to respond emphatically when US President Donald Trump unveils his "Liberation Day" tariffs.
Traders who’d bet on sharp swings in the $7.5 trillion-a-day foreign-exchange market surrounding Donald Trump’s last two tariff deadlines are taking a new approach as the president vows an April 2 trade reckoning.