Donald Trump, tariffs and Stock Market
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TIME |
prominent economists and researchers for banks predict the new tariffs will lead to fewer jobs, a higher unemployment rate, and a drop in the U.S. gross domestic product.
ABC |
Analysts widely expect the tariffs to raise prices for foreign-made cars, since importers will likely pass along a share of the tax burden to consumers.
BBC |
Now, the talk in Washington is again of something much bigger: a flat tariff on all imports as high as 20%.
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The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
President Trump has set a deadline of Wednesday to announce sweeping tariffs
Tariffs' effects on global economies will become more apparent over time, as markets are forward-looking and will react swiftly to changes in global trade dynamics.
U.S. stock indexes are drifting lower with uncertainty still high about just what President Trump will announce on his “Liberation Day”
And it’s happening, and it will happen rather quickly,” Trump said during a joint address to Congress early in March.Start the day smarter. Get all the news you need in your inbox each morning.
U.S. stocks kick off the week under renewed pressure as investors await President Donald Trump's Wednesday tariff announcement. Investors seek havens, pushing up gold and pulling down Treasury yields.
Intelligencer on MSN1d
The Economic Warnings About Trump’s Tariffs Are Piling UpTrump says his new tariffs will be “Liberation Day” for America. Economists and market analysts’ views are far more ominous.
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