Stocks plummeted Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.
Repercussions from Donald Trump’s tariff war spread across global markets Thursday, knocking down stocks and spurring a flight into fixed-income havens.
At first glance, the big U.S. banks might not seem to have much to worry about from tariffs. However, they could be impacted more than you may think.
Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump's latest set of tariffs' damage on the world's economy. Futures for U.S.
Shares of U.S. banks were sharply lower on Thursday as Wall Street reacted to President Donald Trump’s announcement of sweeping tariffs that economists warn could stunt economic growth and reignite inflation.
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
Many tech companies have global supply chains. To evaluate them, look at tariff rates, pricing power and significant revenue from imported goods.
Materials used in home building such as lumber and copper were excluded from the Trump tariffs but the administration said they will covered separately.
Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.