Shares of the companies spun off from the former industrial icon General Electric were all tanking Friday, led by medical device maker GE HealthCare, on investor fears that they would be hurt by Beijing’s retaliatory levies countering President Donald Trump’s tariffs.
President Trump's announcement of tariffs and retaliatory measures by China has seen Apple's shares drop to their lowest point since June 2024, as investors predict rising iPhone prices and falling sales.
China announced early Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following Trump’s “Liberation Day” slate of double-digit tariffs.
The major averages were sharply lower again near noon, continuing yesterday’s post-tariff slide. China has retaliated with additional tariffs of 34% on all U.S. goods a day after the Trump administration imposed its own sweeping levies.
Market analyst DuWayne Bosse tells Brownfield the grain markets would likely be lower if additional reciprocal tariffs on Mexico were announced. “If we had additional tariffs on our top buyer of U.S.
Trump’s “Liberation Day” just flipped the script on international trade. In his most aggressive tariff push yet, the president revealed a slate
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday.