Trump, dollar and tariff
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The Wall Street Journal |
On Thursday, stocks tumbled in the U.S., Europe and Asia following Trump’s unveiling of a raft of punishing “Liberation Day” tariffs.
The New York Times |
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberat...
The New York Times |
Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...
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Trump, global and Markets
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seattlepi.com |
U.S. Trade Representative Jamieson Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tar...
Boston.com |
President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S...
Daily Journal |
America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, while the head of the European Union’s exe...
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China, Trump and Tariff
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The Washington Post |
As markets fall and support for Trump’s approach crumbles, Beijing is showing no sign of buckling. But with its own weak economy, it also has a lot to lose.
Reuters |
European shares bounced off 14-month lows in early trading on Tuesday after four straight sessions of heavy selling, although investors' mood remained sensitive to tariff-related developments.
The New York Times |
President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue c...
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Major stock indexes were mixed on Monday in turbulent trading dominated by concerns over U.S. President Donald Trump's global trade war, while the U.S. dollar and bond yields rose. Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States.
"Trump's return to office has created a genuine threat to [the dollar's] status for the first time in generations," according to Columbia University experts.
The dollar weakened this week in response to President Donald Trump’s announcement of sweeping tariffs, a troubling sign for the administration and consumers. On Wednesday, Trump announced 10% tariffs on all imports and higher tariffs on certain countries based on trade deficits.
5don MSN
The buck is weakening despite Trump’s tariffs. To protect themselves, investors should consider buying shares of companies that do a lot of business abroad, SocGen says.
That's how much the WSJ Dollar Index has now lost this year. The dollar now weaker than it was on Nov. 5, before a post-election rally. Here's why consensus expectations for a stronger U.S. currency p
The dollar has wiped out all of its gains since Donald Trump won the presidency in November as his aggressive tariffs upend global markets.
Small sneaker makers and huge companies like Nike face challenges from tariffs, as many sneakers are made in China, Vietnam and Taiwan, which have been hit with tariffs on goods sent to the United States.
Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.
The dollar, one of the world's safest places to park money in times of turmoil, has been shunned by investors as an option for now as uncertainty over tariffs and concern over their impact on U.S. growth intensify.
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.