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.
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.
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.
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.
In a strategic move to bolster its stock market amidst a brewing trade war with the US, China’s state-backed funds are set to invest $10.9 billion in local stocks and ETFs.
As Trump's tariffs wreak havoc on global markets, investors face a whirlwind of uncertainty and losses. Major indices plunge, fueling fears of an impending recession. What does this mean for your investments?
President Trump's new 10% tariff on U.S. trading partners has triggered a massive stock sell-off as investors fear a global economic shake-up. With steep penalties on China and others, the proposal could dramatically alter trade dynamics.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
President Trump touts his controversial tariffs as 'beautiful' while global markets tumble. With significant meetings on the agenda, what could this mean for the economy and federal jobs?