Donald Trump, tariffs and Wall Street
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Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq each retreated by about 0.3% early Monday.
Opinion
Left-Wing Press Using Tariff Hysteria To Cover Up Jay Powell’s Incompetence — and Frame TrumpWith Trump’s pro-growth tax cuts and deregulation on the horizon, it’s far too soon to draw any tariff conclusions.
Asian shares were mostly lower in early Tuesday trading, as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.1% in morning trading to 39,
The newspaper's conservative editorial board also hit the president with a cold truth about his tariff strategy.
US President Donald Trump said he has settled on another tariff deal - this time with Indonesia. Trump said he had agreed to lower tariffs he had threatened on goods entering the US from Indonesia country to 19%,
President Trump set a 50 day deadline for a ceasefire deal between Russia and Ukraine or else he will hit Russia with "severe" tariffs. Also, the U.S. is sending weapons to Ukraine through NATO. Politico Foreign Affairs Correspondent Eli Stokols and Puck Founding Partner Julia Ioffe join Katy Tur to react to Trump's change in tone on Russian President Putin.
President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well.