Trump's sweeping new tariffs send global stocks plunging
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Countries seeking to sell goods to the United States will now face taxes as high as 54% based on how the White House is calculating duties on U.S. exports.
From NBC News
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a g...
From Reuters
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Stocks plummeted Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.
At first glance, the big U.S. banks might not seem to have much to worry about from tariffs. However, they could be impacted more than you may think.
Stocks plunged Thursday, turning in their worst performance since early in the Covid pandemic, as market participants reacted to President Donald Trump's announcement of wide-ranging tariffs against nearly all U.
Megacap U.S. tech companies including Apple and retail giants Walmart and Nike led a global market meltdown as President Donald Trump's sweeping new tariffs heightened fears of a spike in costs across a wide range of industries.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
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Fintech and credit card stocks were hit particularly hard in the market rout that followed President Trump’s tariff announcement.
President Trump announced so-called reciprocal tariffs on imports from about 90 nations. Money and political analyst Jon Delano shares his perspective on what to expect.
Most media and entertainment companies aren't directly affected by Trump's new tariffs plan but could suffer from a resulting recession, experts say.
Investors are clearly concerned about the impact tariffs might have on Apple, which at one point on Thursday was having its worst trading day in five years. Bank of America analyst Wamsi Mohan on Thursday morning cut his price target on Apple from $265 to $250, though he maintained his buy rating on the stock.