Apr 07 Wall Street follows global markets with sharp declines as Trump doubles down on tariffs By Stan Choe, David McHugh, Elaine Kurtenbach, Associated Press The Dow earlier fell as many as 1,700 points following even worse losses worldwide on worries that Trump's tariffs could torpedo the global economy. Continue reading
Apr 07 Trump and Israeli PM Netanyahu hold talks at the White House By Aamer Madhani, Tia Goldenberg, Associated Press Shortly before their meeting, the White House announced that President Donald Trump and Israeli Prime Minister Benjamin Netanyahu's plans to hold a joint news conference had been canceled. Continue reading
Apr 06 Trump advisers say more than 50 countries have reached out for tariff talks with White House By Adriana Gomez Licon, Associated Press Top administration officials said Sunday that more than 50 countries targeted by President Donald Trump's new tariffs have reached out to begin negotiations over the sweeping import taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. Continue reading
Apr 06 Watch 5:31 What to know about the effect of Trump’s tariffs on globalization By John Yang, Andrew Corkery Continue watching
Apr 04 Watch 6:59 Trade war, tariffs and uncertainty drag markets to worst week in years By Amna Nawaz, Azhar Merchant Stocks were in free fall again Friday as markets saw their worst week in years. The trade war heated up as China responded to President Trump with their own 34 percent tariffs on imported U.S. goods. Markets fell further after… Continue watching
Apr 04 How Trump’s latest tariffs could affect your personal spending By Wyatte Grantham-Philips, Cora Lewis, Associated Press Economists say consumers foot the bill from these kind of trade actions and stress the far-reaching impacts that U.S. President Donald Trump's latest tariffs will have on goods sourced from around the world. Continue reading
Apr 04 WATCH: Fed Chair Powell warns Trump tariffs likely to raise inflation and slow economic growth By Christopher Rugaber, Associated Press Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.”… Continue reading
Apr 04 S&P drops 6 percent, closing worst week since COVID after China matches Trump tariffs By Stan Choe, Associated Press The Dow Jones Industrial Average plunged 2,231 points, or 5.5 percent Friday, and the Nasdaq composite tumbled 5.8 percent to pull more than 20 percent below its record set in December. Continue reading
Apr 04 U.S. added 228,000 jobs in strong March buildup to Trump trade wars By Paul Wiseman, Associated Press U.S. employers added a surprising number of jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world. Continue reading
Apr 04 China hits back with 34 percent tariff on U.S. imports as world weighs how to deal with Trump’s hikes By Elaine Kurtenbach, Associated Press As world markets wallowed in heavy losses Friday, Taiwan's president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered in his "Liberation Day" reciprocal tariffs announcement. Continue reading