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NEW YORK/LONDON (Reuters) -Global markets are set for a fresh jolt on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten ...
The U.S. stock market had been on track for a much worse loss at the start of trading on worries about how much pain U.S. companies would feel because of the tariffs. The S&P 500 was briefly down ...
The strategy to leverage the US economy to force concessions from other countries notches a win for Trump's "America first" agenda, allowing him to follow through on core domestic issues without ...
Black Thursday [34] [35] was a global stock market crash on 12 March 2020, as part of the greater 2020 stock market crash. US stock markets suffered from the greatest single-day percentage fall since the 1987 stock market crash. Following Black Monday three days earlier, Black Thursday was attributed to the COVID-19 pandemic and a lack of ...
Investor uncertainty due to the trade war caused turbulence in the stock market. [286] [287] [288] The Dow Jones Industrial Average fell 724 points, or 2.9%, after the tariffs were announced due to concerns over a trade war. [289] Corporations that traded with China, such as Caterpillar Inc. and Boeing, suffered large losses in their stock ...
China–United States trade war The United States implements a 10% across-the-board tariff on Chinese products and eliminates the de minimis exemption for exports from China. In response, China imposes retaliatory tariffs on energy products , agricultural equipment , and automobiles from the United States, effective February 10, and export ...
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Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. Stock market today: Wall Street hits ...