Trump's tariffs
Trade Policy Reversal Sparks Volatility on Global Markets
US stocks experienced significant losses on Thursday, with the S&P 500 index down 3.5% and the Nasdaq dropping 4.3%. Trump's steep tariff hike on Chinese goods, increasing the rate to 145%, was seen as a major contributor to the market's decline.
U.S. stocks surged after President Trump paused global tariffs, reversing a 125% China tariff. The Nasdaq jumped 12.2%, oil prices rose over 4%, and the dollar strengthened. However, trade tensions persist, with baseline tariffs still in place and China retaliating.
TL;DR (Meta-Llama-3.1-8B + RAG)
past month
- Trump pauses "reciprocal tariffs" for 90 days, raises China rate to 125%
- US Stock Market Shows Signs of Recovery Amid Ongoing Trump Tariff Uncertainty
- Global Markets Plunge in Response to Escalating Trade Dispute
- China Imposes 34% Tariffs on All US Goods in Response to Escalating Trade Dispute
- Trump announces new US tariffs of at least 10% on all imports
- Trump prepares to unveil reciprocal tariffs
- US President Unfazed by Potential Car Price Increase Amid Tariff Debate
- Trump Announces 25% Tariffs on Foreign-Built Vehicles
- US Announces 200% Tariff on EU Wine and Champagne Citing Retaliatory Whiskey Tariff
- Canada announces retaliatory tariffs on nearly $30 billion in U.S. imports
in the news
- free accessstate ownedQatar
- limited accessprivately ownedXavier Niels
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- free accessprivately ownedSahu Jain Family
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