Trump, market and tariffs
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President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue c...
From The New York Times
Jamie Dimon, CEO of JPMorgan Chase, warned Monday that the tariffs threatened to raise prices, drive the global economy into a downturn and weaken America’s standing in the world.
From CNN
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President Trump is told to provide a roadmap to investors how he intends to chart a way out of the tariff crisis he has unleashed before it spirals out of control.
The UK chancellor says Donald Trump's global tariffs will have "huge implications", as European make gains after days of losses.
The age-old warning to unsophisticated investors hungry to buy a dip: beware catching a falling knife. U.S. equity markets are collapsing, with the S&P 500 heading towards the 20% bear market decline threshold after notching its worst two consecutive trading days since March 2020.
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.
Global stock markets rose Monday following a day of market whiplash.
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The European Union's securities watchdog warned on Tuesday that problems in the cryptocurrency industry could pose risks to broader financial stability in future, as the sector grows and as ties between it and traditional financial markets increase.
Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday.
U.S. stocks are falling in a manic Monday after President Donald Trump doubled down on his tariffs, despite seeing how much financial markets would love to see him do the opposite. The S&P 500 was down 1.
Chinese stocks plunged and bond yields fell toward a record low as investors braced themselves for the fall-out of a spiraling trade conflict between the world’s two largest economies.
1hon MSNOpinion
The realization is starting to dawn on some Republicans that their political solvency won't last longer than President Trump's economic irrationality.