Apr 10 Wall Street drops roughly 3 percent, as markets continue to worry about possible trade war By Stan Choe, Associated Press The Dow Jones Industrial Average dropped 981 points, and the Nasdaq composite sank 3.7%. Even a better-than-expected report on inflation wasn't enough to get U.S. stocks to climb further. Continue reading
Apr 10 Trump told investors to 'buy' on social media hours before his tariff pause rose stocks, raising questions about manipulation By Bernard Condon, Associated Press Less than four hours after his post, Trump announced a 90-day pause on nearly all his tariffs. Continue reading
Apr 09 Watch 13:07 Trump pauses many of his tariffs but raises rate on China By Lisa Desjardins, Ryan Connelly Holmes, Amna Nawaz President Trump stunned many by pausing higher tariff rates on most other countries for 90 days. But the president raised tariffs on Chinese imports to 125 percent after Beijing retaliated overnight. This led to a historic day of rallies in… Continue watching
Apr 09 Watch 4:02 What tariffs and trade war threats mean for the U.S. footwear industry By Amna Nawaz, Diane Lincoln Estes In the United States, the vast majority of shoes sold are imported. That means tariffs are a real issue for the footwear industry. Amna Nawaz discussed more with Matt Priest, president and CEO of the Footwear Distributors and Retailers of… Continue watching
Apr 09 Watch 4:45 How the global trade wars could affect personal finances of Americans By Amna Nawaz, Karina Cuevas Amid a roller coaster week for the stock market, we're taking a look at how the global trade wars could affect personal finances in the U.S. Amna Nawaz spoke with Michelle Singletary, personal finance columnist for The Washington Post. Continue watching
Apr 09 WATCH: Trump says he had been thinking of making tariff pause for 'last few days' By Associated Press President Donald Trump gave a muddled answer when he was asked by a reporter Wednesday about when he arrived at the decision to pause the tariffs on most countries for 90 days. Continue reading
Apr 09 U.S. stocks shoot to historic gains after Trump pauses most of his tariffs By Stan Choe, Associated Press The S&P 500 surged 9.5%, an amount that would count as a good year for the market. It had been sinking earlier in the day on worries that Trump’s trade war could drag the global economy into a recession. But… Continue reading
Apr 09 WATCH: 'This is amateur hour.' Rep. Horsford blasts U.S. trade rep after Trump tariff pause By Molly Finnegan U.S. Trade Representative Jamieson Greer was in the middle of his testimony before the House Ways and Means Committee when President Donald Trump announced that he was pausing his new tariffs on most nations for 90 days. Continue reading
Apr 09 China raises tariff on U.S. goods to 84% and vows to 'fight to the end' By Huizhong Wu, Associated Press President Donald Trump has raised tariffs on China to 125%, hours after China boosted tariffs on American goods to 84% and vowed to “fight to the end.”… Continue reading
Apr 09 Trump backs down on most tariffs for 90 days but raises rate on Chinese imports to 125% By Josh Boak, Associated Press Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports. Continue reading