The S&P 500 was down 4.3% in morning trading, more than other major stock markets, and it’s on track for its worst day since COVID shattered the global economy five years ago.
Scott Bessent last month admitted “there are no guarantees” the U.S. won't plunge into a recession under Donald Trump.
Trump’s new tariffs are set to hit American households hard, especially low-income families. As prices rise on food, clothing ...
Sen. Richard Blumenthal (D-Conn.) weighed in on the latest tariff announcement from President Trump, telling reporters the ...
Trump announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries ...
Fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading ...
Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world. Commerce Secretary Howard Lutnick says President Trump ...
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President ...
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid ...
New tariffs cause global stock markets to plunge with U.S. allies expected to retaliate - President Trump says he will impose ...
Stock markets in Canada and the U.S. plunged in midday trading as investors reacted to the latest tariffs from U.S. President ...