Trump, tariffs and stock market
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The morning rally followed erroneous headlines that President Trump was considering a 90-day pause in tariffs.
From The Wall Street Journal
Stock markets in the Asia-Pacific region plunged on Monday by levels not seen in decades.
From BBC
Elon Musk has taken a massive swipe at President Donald Trump’s trade adviser amid the deepening economic chaos caused by the sweeping “Liberation Day” tariffs.
From Yahoo
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3hon MSN
Polymarket, an offshore betting platform, shows a 62% chance of a recession occurring in the U.S. this year, cooling down Monday afternoon after peaking at 66% on Sunday, when Goldman Sachs economists said they expect a recession to occur if the Trump administration goes through with its tariff rates.
7hon MSN
Wall Street's top minds aren't happy about Trump's latest tariffs, which have fueled the worst sell-off in stocks since 2020.
16h
Tribune Online on MSNGlobal markets: Trump demands yearly payments to ease tariffsDonald Trump on Sunday defended his sweeping tariffs on foreign imports, describing them as “medicine” for the American economy
Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.
After announcing sweeping tariffs and triggering worldwide economic jitters, the president left Washington for a long weekend at his Florida clubs.
3don MSN
The S&P 500 is down more than 13% since Trump won the election in November, with most losses concentrated since he announced his hawkish tariffs Wednesday.
President Donald Trump's "Liberation Day" tariffs, announced April 2, sent markets plunging Thursday. The Dow Jones Industrial Average dropped by 1600 points, the largest one-day decline since March 2020.
The impact from U.S. President Donald Trump's blast of tariff hikes is reverberating across world markets as America's trading partners puzzle over whether there is room for negotiating better deals.