Trump tariffs crash stock market
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Investors did not get the rebound from Thursday’s historic losses they may have hoped for, as stocks again slid considerably as the market digests President Donald Trump’s tariffs while China, the wor...
From Forbes
After China announced new retaliatory measures against the United States, President Trump responded that Beijing “PLAYED IT WRONG.”
From The New York Times
China faces the highest tariff rates, with 34% on its imports. That's in addition to existing tariffs of 20%, which puts the total at 54%.
From USA Today
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2hon MSN
Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
18hon 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.
Fear is running high amid the worst stock sell-off in years. It's important for investors not to panic as they watch their portfolios take a hit.
As the global markets plummeted for a second consecutive day in reaction to Trump's tariffs announcement, he shared a video suggesting the crash is intentional.
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.
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Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Two days after sending the global economy reeling by announcing tariffs on foreign imports, President Donald Trump insisted his trade policies will “NEVER CHANGE” as he remained ensconced in a bubble of wealth and power in Florida.
Gold fell more than 3% on Friday, erasing gains from earlier in the week, as investors sold off bullion to cover their losses from a wider market meltdown as an intensifying trade war sparked concerns of a global recession.
Across the Seattle area and the nation, people are struggling to understand how the stock market slide will affect their everyday lives and financial futures.