Trump, Liberation Day and tariffs
Digest more
Top News
Impacts
NBC News |
Consumers’ economic pessimism is worsening as inflation stays hot and a series of new reports flash alarms days before the White House expands its trade war.
Reuters |
Trump says he will impose a suite of reciprocal tariffs against nations that charge fees on U.S. exports, promising to match those countries' duties.
Read more on News Digest
President Donald Trump is barreling toward a self-imposed April 2 deadline for sweeping tariffs and is threatening additional ones on foreign adversaries this weekend even as he’s expressed openness to making deals.
From New York to London and Hong Kong, investors are cutting back risk ahead of next week’s tariff announcements, while keeping cash ready to pounce the moment opportunities arise.
Investors have been forced to reckon with the apparent fact that Trump is serious about implementing substantial tariffs on several, if not all, U.S. trading partners. While there’s plenty of turmoil to come,
A seemingly endless drumbeat of tariff news — mostly negative, some positive — has been pulling the market back and forth. Market action has almost entirely become the tariff palace intrigue.
U.S. stock futures were under pressure on Friday as investors grappled with the prospect of more tariffs from President Donald Trump.
Explore more
The policy advantages automakers with greater U.S. production like Tesla Inc., which doesn't import any vehicles for sale in the United States.
The president said he “couldn’t care less” if automakers rose prices in response to planned tariffs, reasoning that buyers would choose U.S.-made cars over foreign brands.
Venezuela is the latest country at which Trump has taken aim. On Monday, he promised to raise a 25% tariff on goods from any country that buys oil and gas from the South American country that has some of the largest reserves in the world.