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Trump, stock market

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More pain appears to be in store for markets after their worst week to start a quarter since 2008.
From The Wall Street Journal
Trump has threatened China with an extra tariff of 50% on goods imported into the US if it does not withdraw a countermeasure it announced on Friday.
From BBC
World leaders are now scrambling to respond, with some now negotiating with Trump to lower their rates.
From BBC

Read more on News Digest

Markets Swing Wildly as Trump Holds His Ground on Tariff Plan
Trump's tariff plans are sending stocks tumbling and sparking fears of a global economic downturn. Follow along for live updates on the Dow Jones Industrial Average, Nasdaq and S&P 500.
Trump tariffs spark stock market dip. What it means for consumers, the economy
Recent stock market swings have rattled investors. What do they mean for consumers who may not have money tied up in stocks?
China criticises Trump tariff 'blackmail' as market turmoil settles
China said it would not bow to "blackmail" from the United States as a global trade war touched off by U.S. President Donald Trump's sweeping tariffs showed little sign of abating on Tuesday even as battered stock markets steadied.
Trump threatens new 50% tariffs on China
The US president says he will introduce the additional tariff unless China withdraws its own 34% counter-tariff on American goods.
Global markets are in meltdown: here's how it looks in charts
A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump's tariffs spiral.
Stocks Whipsaw With S&P 500 on the Precipice of a Bear Market
A brutal day for markets around the world added to the pain of last week’s turmoil. The S&P 500 ended nearly 18 percent below its February peak on Monday.
Asian markets open after Trump's latest China tariffs threat
Trump reiterated his threat of 50% duties on Chinese goods if Beijing did not retract its counter-tariff plans by Tuesday
Stocks mostly fall in rocky market as tariff war escalates
Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S. Treasury yields rebounded.
'Warning signs' for Trump as 7 GOP Senators join in bill for Congress to have tariff power
Markets dropped today as President Trump's tariffs continue to cause economic uncertainty around the world. Congress is now trying to take the power of the purse back. Republican strategist Lance Trover and MSNBC political contributor Geoff Bennett join José Díaz-Balart to share their political analysis.

Trump, tariffs

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Impacts
For days, Trump officials have offered conflicting statements on whether countries can do anything to save themselves from the severe tariffs.
From ABC News
Asian equity markets sank, European shares crashed to a 16-month-low and oil prices plummeted as investors feared the duties Trump announced last week could lead to higher prices, weaker demand and p...
From Reuters

Read more on News Digest

Are Trump's tariffs negotiable or here to stay? Amid confusion, he says can be both.
For days, Trump officials have offered conflicting statements on whether countries can do anything to save themselves from the severe tariffs.
Trump says he's not considering a pause on tariffs but is open to negotiations
President Trump said Monday he’s not considering pausing his sweeping tariffs but is willing to negotiate with other countries.
A few countries offer to drop all tariffs on U.S. in response to Trump
Israel, Taiwan, Vietnam and Zimbabwe said they could drop tariffs on U.S. goods. In some cases, that might not be enough, White House trade adviser Peter Navarro said.
Trump threatens to hike China tariffs further as market plunge continues
U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.
Trump advisers say 50-plus countries have reached out for tariff talks with White House
The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.
Trump says he's not backing down on tariffs, calls them 'medicine' as markets reel
President Donald Trump said Sunday that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S.
China calls Trump’s new tariff threat ‘a mistake upon a mistake’ and looks for opportunity in global trade war
As countries around the world scramble to negotiate concessions from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.
Trump says high tariffs may have prevented the Great Depression. History says different
In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and manufacturers from foreign competition: tariffs.
Trump threatens to impose an additional 50% tariff on China
President Trump said he will slap more tariffs on imports from China if it doesn't withdraw a retaliatory tariff on U.S. products.
China Says It Will ‘Fight to the End’ After Trump Threatens More Tariffs
The country’s commerce ministry called President Trump’s threat to escalate tariffs on China by another 50 percent “blackmail.”
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Trump’s refusal to blink on tariffs raises the risks of an ugly endgame
But he also threatened to raise cumulative tariffs on China to over 100% — a move that could lead to massive price increases for US shoppers for iPhones, computers and toys. He also implied that the America’s erstwhile friends in the European Union were such implacable foes that there can never be a fair deal.
Trump tariffs live updates: Stocks decline again on tariff uncertainty; Supreme Court rules in Alien Enemies Act deportation case
Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.
Trump's game of chicken over tariffs leaves world guessing
The US president is pressing ahead with his global tariffs, as even some allies wonder if he is going too far.
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