Trump, Tariff
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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.
Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.
P resident Donald Trump shared letters Monday informing governments in Japan and South Korea that he’s levying 25% tariffs on their imports to the U.S., the first in an anticipated slew of tariff notices the administration is expected to send out before its self-imposed tariff pause ends Wednesday—though the letter suggests the rates could still change again.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Markets may face turbulence as Trump pushes US re-industrialization, with bubble-like S&P500 valuations signaling a potential selloff ahead. See more here.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about hiking prices.