The US stock market is down almost 10% since President Donald Trump’s inauguration, marking the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff. The S&P 500 Index is virtually in a correction over the 52 trading sessions since Trump swore the oath of […]
Trump’s reciprocal tariffs: US stocks hold gains, European markets falter ahead of key announcement – CNBC TV18
Stock markets worldwide remained on alert Wednesday (April 2) as investors braced for US President Donald Trump’s much-anticipated tariff announcement. Set for April 2 (April 3 in India), the announcement is expected to unveil sweeping trade measures that could impact global trade, inflation, corporate earnings, and Federal Reserve policy. While uncertainty loomed, US markets closed […]
Trump hints at possible tariff hikes over time: Report – CNBC TV18
US President Donald Trump said US tariffs could go up over time but gave no other details, according to an excerpt of a Fox Business interview taped on Thursday that aired on Friday, March 7. Asked whether businesses could get clarity about his tariff plan, Trump said: “Well, I think so. But, you know, the […]
Trump suspends nearly all tariffs on Mexico for a month – CNBC TV18
Mexico will not be required to pay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA) until April 2, US President Donald Trump announced on Thursday, March 6. Trump shared the decision on his social media platform, Truth Social, following discussions with Mexican President Claudia Sheinbaum. “After speaking with President Claudia Sheinbaum of Mexico, […]
Trump unveils roadmap for reciprocal tariffs on US allies, competitors – CNBC TV18
US President Donald Trump unveiled a roadmap on Thursday for charging reciprocal tariffs on every country that charges duties on US imports, his latest trade salvo directed at American friends and foes that the White House says will strengthen economic and national security. “Today is the big one: reciprocal tariffs,” Trump wrote on his social […]