Donald Trump, stock markets tumbled
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Houston Chronicle |
Japan’s share benchmark nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump's tariff hikes.
CNN |
“We are getting close to a bottom,” said James Demmert, chief investment officer at Main Street Research.
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Donald Trump, trade war
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The Economist |
On April 3rd, the day after President Donald Trump laid out an unprecedented array of tariffs, the Russell 3000, one of the broadest measures of the American stockmarket, fell by 5%.
The New York Times |
President Trump yesterday told China to rescind its retaliatory tariffs on the U.S. or face additional tariffs of 50 percent starting tomorrow.
CNN |
“US tariffs will have an impact (on China), but ‘the sky won’t fall,’” a commentary in the ruling Chinese Communist Party’s mouthpiece People’s Daily said Sunday.
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Jamieson Greer, the United States trade representative, will tell senators the U.S. is economy is in need of “drastic, overdue change.”
B ANGKOK — U.S. President Donald Trump and China sparred over tariff hikes and other retaliatory moves on Tuesday, as governments elsewhere were brainstorming strategies to cope with the trade war between the global economic giants.
Alarm about the fallout from President Donald Trump's sweeping tariffs gripped global financial markets, with Wall Street's fear level at a five-year high while financial executives expressed shock and worry about economic growth.
A roller-coaster quarter for markets is ending with little relief, as President Donald Trump’s disruptive trade policies and rising stagflation fears drive investors toward risk aversion.
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
1don MSN
Wall Street is sinking again, following other global markets lower, as worries deepen about whether President Donald Trump’s trade war will torpedo the global economy. The S&P 500 was down 3.8% in early trading Monday,
Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.