Here's how Wall Street pros are thinking about a new trade war
The proposed tariffs, if enacted, would raise annual spending costs for consumers by $835 per American, ING Economics estimated.
Weighing the Fallout From Trump’s Looming Trade War
Business groups, economists and even some Republicans cautioned that new tariffs on goods from Canada, Mexico and China could undercut U.S. industry and the economy.
EU Shock Over Trump Trade Threats: 'Stupid Tariff War'
"There are no winners in trade wars. If … the U.S. starts a trade war, then the one laughing on the side is China," said the EU's foreign policy chief.
Detroit automakers see stock drop as Trump's trade war, tariff fears shake Wall Street
GM, Ford, and Stellantis stock plunged in initial trading Monday in light of a pending trade war. But Wall Street showed some resiliency later.
Trump launches a baffling trade war against Canada and Mexico
Trump knows the United States has more leverage over its neighbors than they do over his country. But exploiting that position of strength could cause a historic rupture.
Trump says Canada would have no tariffs as 51st state, as observers brace for trade war
President Donald Trump said the U.S. pays hundreds of billions of dollars to "subsidize" Canada, and Canada can avoid tariffs by becoming the 51st state.
Trump Tariffs Live Updates: U.S. Futures And Global Markets Slump Amid Trade War Fears
U.S. futures and global stocks were hit by a selloff early on Monday as markets around the world braced for a potential trade war triggered by President Donald Trump’s decision to impose sweeping tariffs on imports from Canada, Mexico, and China—which he acknowledged will cause “some pain” for American consumers.
One Response to Trump’s Tariffs: Trade That Excludes the U.S.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
Markets in turmoil as Trump kicks off his trade war
Stocks in the US dropped Monday morning, following European and Asian markets lower as investors digested Trump's tariff announcements.
Trade War Fears Roil Shares of US Auto Majors, Big Tech After Trump Tariffs
Shares of automakers and megacap tech stocks bore the brunt of a wider equity pullback on Monday after U.S. President Donald Trump ordered sweeping tariffs against Mexico, Canada and China, sparking fears of a global trade war that could hit growth.
Auto stocks fall as investors watch Trump’s 25% tariff on Mexico and Canada
A uto stocks took a battering on Monday as the market reckoned with the reality of President Donald Trump’s 25% blanket tariff on all goods from Mexico and Canada. The sell-off
Live updates: Trump talks tariffs with Canada and Mexico; Musk says USAID to be shut down
Trump's wide-ranging tariffs on Mexico, Canada and China divided lawmakers and world leaders over the weekend. President ...
Trump delays tariffs on Mexico, easing stocks, but Canada and China remain in play
Stocks largely recover from an early tumble after Trump confirms one-month delay in imposing tariffs on Mexico. But tariffs ...
Stupid Trade War
Trump says Chinese fentanyl is meandering through Canada and Mexico before entering the U.S. at our northern and southern borders. The way to get those countries to enforce their borders more strictly ...
Interior Secretary Doug Burgum: "This Isn't A Trade War, This Is About Fentanyl And The Border"
Interior Secretary Doug Burgum defended President Trump's tariffs on Canada, Mexico, and China during an appearance Monday ...
Trump Says Americans Could Feel 'Some Pain' From Tariffs as He Threatens More Import Taxes
President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against ...