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Trump, tariff and Wall Street

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“I think it’s going very well,” Trump told reporters Thursday, in the aftermath of his “Liberation Day” announcement the day before.
From CNN
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
From U.S. News & World Report
Trump announced a minimum tariff of 10% on global imports, with the tax rate running much higher on products from certain countries like China and those from the European Union.
From SFGate

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Trump’s self-inflicted tariff crisis sparks confusion, chaos and questions of competence
After a day of stock market shocks and global recriminations, there are reasons to question whether President Donald Trump fully grasps the consequences of the tariff barrage that he used to fire up a global trade war.
Trump’s tariffs ignite steepest Wall Street sell-off since 2020 Covid crisis
Donald Trump’s tariff offensive convulsed global markets on Thursday, with sectors from banking to tech left reeling from the US president’s bid to remake the global economic order. Wall Street stocks sustained heavy losses,
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
By David French (Reuters) -Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping tariffs ignited fears of an all-out trade war and a global economic recession.
These Are the Places Affected by Trump's Tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars
Executives, Trade and Labor Associations on Trump's Reciprocal Tariffs
President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.
Trump Stokes Trade War as World Reels From Tariff Shock
The penalties announced on Wednesday unleashed turbulence across world markets and drew condemnation from other leaders facing the end of an era of trade liberalization that has shaped the global order for decades.
The Latest: Trump’s tariffs slam world markets in the biggest blow since the pandemic hit in 2020
Asian shares slid further Friday after U.S. President Donald Trump’s tariffs sent shudders through financial markets at a level of shock unseen since the COVID-19 pummeled world markets in 2020. Trump announced a minimum tariff of 10% on global imports,
Live updates: Trump's sweeping new tariffs send global stocks plunging as U.S. allies plan response
The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.
Stock market plunges after Trump tariff announcement
The markets closed down around 4% after President Donald Trump’s announcement to slap reciprocal tariffs on global trading partners. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their worst since 2020.

Trump, tariffs

Digest more
Top News
Overview
Impacts
President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade sur...
From Euronews
President Donald Trump on Wednesday announced a 10% tariff on all imports but even higher rates on dozens of trading partners including China, India and the European Union.
From USA Today
Economists’ estimates have been far more grim, with most predicting that the president’s sweeping tariffs and likely retaliation will slow U.S. economic growth, push up costs for consumers and make l...
From The New York Times

Read more on News Digest

What to know about President Donald Trump's vast array of tariffs
President Donald Trump followed through on his tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the US.
Can Donald Trump become a three-term president? | PolitiFact
The U.S. Constitution’s 22nd Amendment says, “No person shall be elected to the office of the President more than twice.”
Donald Trump's Tariffs Hit One of His Biggest Donors
The billionaire founder of a company billed as North America's largest roofing and building wholesale distributor has warned of "adjusting prices" due to tariffs imposed by President Donald Trump, who the founder has supported with millions in political donations.
What is a reciprocal tariff? Breaking down Trump's tariff strategy
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its global trading partners.
A list of all the Trump tariffs by country
President Trump unveiled new tariffs on imports to the US which will form a central part of his government's new trade policy. In his speech, he listed the new tariffs to be imposed on a number of countries,
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
What to Know About Trump’s New Tariffs
The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.
Trump tariffs aimed at helping U.S. firms could bring higher prices and lost exports. What to know
Trump said tariffs will force other countries to lower their own rates on U.S. goods and services. But other nations are planning to retaliate.
Trump's tariffs on China, EU and more, at a glance
Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States to succeed. Trump's tariffs, which he imposed via executive order, are expected to send economic shockwaves around the world.
Trump tariffs live: Asian markets open in red for second day over global trade war
Pacific markets opened in the red for a second consecutive day as investors counted losses over US president Donald Trump’s barrage of tariffs that ushered a new era of global trade war.Japan's Nikkei fell 1.
Trump fires NSC officials after his far-right aide questions loyalty; top Democrats slam decision
WASHINGTON: US President Donald Trump said Thursday that he's fired "some" White House National Security Council officials, a move that comes a day after far-right conspiracy theorist Laura Loomer raised concerns directly to him about staff loyalty.
Who Is Laura Loomer and What Is Her Relationship With Trump?
The right-wing personality known for her incendiary social media presence had appeared to be sidelined but may have the President’s ear again, at least for now.
Trump fires NSC officials a day after far-right activist raises concerns to him about staff loyalty
WASHINGTON (AP) — President Donald Trump has moved to fire several senior White House National Security Council officials soon after he was urged by far-right activist Laura Loomer to purge staffers she deemed insufficiently committed to his Make America Great Again agenda, according to several people familiar with the matter Thursday.
Trump wants a third term as president. Why the Constitution says he can't
On the prospect of a third presidential term, Trump says "There are methods which you could do it." The Constitution says otherwise.
'It's Just Math': How CEOs and Business Leaders Are Reacting to President Donald Trump's 'Liberation Day' Tariff Plan
Declaring yesterday "Liberation Day," President Donald Trump announced that the United States would impose a 10% baseline tariff on all imports, and higher duties on many other trading partners, including China,
Trump imposes ‘Liberation Day’ tariffs on every nation as senators rebel over Canada duties: Live updates
Donald Trump has unveiled sweeping global tariffs on all U.S. trading partners in what the president billed as “Liberation Day.”Trump repeatedly promised to roll out reciprocal dollar-for-dollar tariffs on nations that levy duties on U.
EU responds to Trump tariffs as boss hits back at US President's furious 'PATHETIC' blast
Donald Trump imposed sweeping tariffs on all imported goods entering the US in a move that most economists believe will drive prices higher for American consumers
Answering your questions about President Trump's reciprocal tariffs
After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
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