Donald Trump's recent tariff announcements have led to a staggering drop in his net worth by half a billion dollars in just days. As his public and private holdings plummet, the repercussions of his trade war extend beyond his financial losses, impacting his golf properties and commercial real estate.
Stock futures rose sharply on Monday evening despite the S&P 500's third consecutive loss, driven by fears surrounding President Trump's tariffs. The Dow saw a significant jump, while trading volumes reached historic highs. Is the market turning a corner?
In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
In a recent visit to Mar-a-Lago, Treasury Secretary Bessent emphasized that Trump's tariff discussions are disconnected from market realities, urging a focus on the endgame amidst China's missteps.
After a week of turmoil triggered by President Trump's trade war, global stock markets are experiencing a significant rebound. Major indexes like the S&P 500 and Dow Jones are seeing substantial gains as investors remain hopeful for negotiations.
House Speaker Mike Johnson firmly opposes a bipartisan Senate bill aimed at limiting President Trump's tariff authority, despite growing concerns over the impact of tariffs on the economy.
Recent stock market trends reveal alarming drops in major indexes, with the S&P 500 and Nasdaq suffering their worst performances since the pandemic. What does history say about recovery?
In a high-stakes clash, Elon Musk challenges Trump's new tariffs, calling for zero tariffs between the U.S. and Europe. As Tesla's sales plummet, the economic implications of this feud could affect millions.
The trade war between the US and China intensifies as Trump threatens to double tariffs. With both nations locked in a standoff, economic experts warn of long-term repercussions for global markets.
China has vowed to take countermeasures against the U.S. after President Trump's threat of a 50% tariff on Chinese imports. With escalating tensions, what does this mean for global markets?
