Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.

Trump aide waited months to unload his TruthSocial stock. Then he sold hours before ‘Liberation Day’ tanked the markets - Dan Scavino sold the day before President Donald Trump officially announced reciprocal tariffs on U.

Trump's tariffs have led some companies to announce that they plan to raise prices.Even before his so-called "Liberation Day," companies warned they would pass costs on to shoppers.BI is keeping track of companies that said they'd raise prices due to tariffs — and those who already have.

Dow Jones futures will reopen Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump said he'll send tariff letters to a dozen countries on Monday, but. Elon Musk is forming a new political party after opposing Trump's tax-and-spending package,