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Trump on Tariff Stock Turmoil

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Two out of three consumers surveyed by the University of Michigan expect unemployment to worsen in the year ahead.
From CBS News
Donald Trump’s tariff offensive convulsed global markets on Thursday, with sectors from banking to tech left reeling from the US president’s bid to remake the global economic order.
From The Financial Times
As details of the new tariffs spread by text messages and tweets, executives and investors realized that Trump’s tariff threats were becoming a harsh reality.
From Wall Street Journal

Read more on News Digest

Stock market suffers another wipeout over inflation and tariff fears
Wall Street skidded on Friday amid higher-than-expected inflation data and fears about the impact of President Trump's tariffs.
Trump reciprocal tariffs: US stock markets may see nearly $2 trillion wipeout today. Here’s why
Companies whose supply chains are most dependent on overseas manufacturing will be the most impacted. Apple Inc., which makes the majority of its US-sold devices in China, is likely to open 7.7 per cent lower at trade.
Stock market today: S&P 500, Nasdaq plunge, Dow drops 1,400 points as Trump's tariffs shock markets
US stocks plunged after President Trump announced a baseline 10% tariff on all US trading partners, sending shockwaves through markets and the global trade order.
Trump’s tariffs ignite steepest Wall Street sell-off since 2020 Covid crisis
Donald Trump’s tariff offensive convulsed global markets on Thursday, with sectors from banking to tech left reeling from the US president’s bid to remake the global economic order. Wall Street stocks sustained heavy losses,
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values
U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports.
The Day Trump’s Tariffs Shook Wall Street and Corporate America
Markets tumbled and executives scrambled to grasp the scope and size of President Trump’s trade barriers.
Trump, Republicans shrug as stocks plummet after tariffs
President Donald Trump and some Republicans were quick to shrug off stock losses Thursday as the market responds to a jolt from Trump's reciprocal tariffs. U.S. markets plunged Thursday after Trump announced a 10% tariff on all countries that will take effect Saturday.
Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years
Technology stocks plummeted Thursday after President Donald Trump’s new tariff policies sparked widespread market panic.
Dow drops 1,100 as US stock market leads a worldwide sell-off following Trump’s tariff announcement
The S&P 500 was down 3.3% in early trading, worse than the drops for other major stock markets. The Dow Jones Industrial Average was down 1,160 points, or 2.7%, as of 9:32 a.m. Eastern time, and the Nasdaq composite was 4.5% lower.
Goldman Sachs slashed its S&P 500 target again, with tariffs set to hit stock returns and economic growth
Goldman Sachs cut its S&P 500 target and raised its recession forecast. The bank now sees a 35% chance of a recession in the next 12 months.
Four Myths About Tariffs, Plus Their Likely Impact
Debunk common tariff and trade myths! Learn how tariffs impact U.S. consumers, corporations, and the economy. Click here to read more about the U.S. Economy.
Monitor3d
Byarugaba: Umeme's delisting will impact stock market
You might see the price of land and buildings increase, and you might see the price of bonds go up. If interest rates go down because there is an inverse relationship between interest and the price of bonds. But also, you might see the actual inflation hitting some of your liquid assets.
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