Liberation Day, Trump and Stock market
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Newsweek |
As of mid-session on Wednesday, the Dow Jones Industrial Average and S&P 500 are both up 0.4 percent, while the Nasdaq Composite is up 0.6 percent.
Reuters |
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade wa...
Yahoo |
President Donald Trump's expansive new tariff regime flips on its head a decades-long global trend of lower trade barriers and is likely, economists say, to raise prices for Americans by thousands of...
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Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
President Trump will announce widespread tariffs on April 2, an event he’s referring to as “Liberation Day.” The fact that Liberation Day may determine what happens to stocks next has caught the attention of veteran analyst Tom Lee of FundStrat.
Here are some notable moves across sectors in global markets, following President Trump’s “Liberation Day” tariffs. 🍾 Alcoholic drinks Some investors turned to drink: Scotch producer Diageo and Aperol maker Campari were among the few risers in Europe.
NEW YORK (AP) — U.S. stocks are falling Wednesday in the final hours before President Donald Trump unveils the tariffs he promised as part of his “ Liberation Day ” that could drastically remake the global economy and trade.
Wall Street notched its worst day since the depths of the pandemic in 2020 as investors bet against the sweeping new trade barriers. Indexes overseas suffered deep sell-offs, too.