Trump, futures and stocks
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CNN |
“Trump is enacting a very aggressive tariff policy, far more aggressive than most investors thought possible six months ago,” said Jed Ellerbroek, portfolio manager at Argent Capital.
The Economist |
Donald Trump has positioned himself as the sole gatekeeper of trade with America.
Yahoo |
Global markets surged on the development, but the precise details of Trump’s plans to ease tariffs on non-China trade partners were not immediately clear.
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Markets are assessing the latest fallout from President Trump's fast-moving tariff plans, which led to a whipsawing session on Monday.
U.S. stock futures remained lower on Wednesday early morning after China retaliated against President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%. The Dow Jones Industrial Average futures were falling over 600 points,
U.S. stock futures fell sharply on Sunday evening as the Trump administration showed no signs of backing off from a wide-ranging plan to impose tariffs.
A slate of tariffs from the Trump administration are set to take effect shortly after midnight Wednesday, including an expected 104% duty on China.
U.S. stock futures opened sharply lower on Sunday evening, with contracts tied to the S&P 500 falling more than 5% during the opening minutes of trade as an ugly stretch for stocks looked set to worsen.
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Major stock indexes fell on Tuesday afternoon as the United States said 104% duties on imports from China will take effect shortly after midnight, while the euro and European equity index futures rose after reports that Germany's political parties reached a deal on a coalition.