Analysts at Wedbush Securities and Goldman Sachs as well as top economist Larry Summers predicted much economic pain ahead.
After plunging U.S. stocks erased $3 trillion in collective value, Trump compared the U.S. economy to a “patient that was ...
China hits US with huge 34% tariff after FTSE slumps in market meltdown - FTSE slumps after Trump’s ‘Liberation Day’ tariffs ...
All U.S. imports face a baseline 10% tariff, effective Saturday. Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20 ...
The new tariffs did not exactly come out of the blue. Trump had launched a trade war on China during his first stint in the White House, a move that prompted many companies to rethink their supply ...
Best strategy is to bet on plays that would benefit from new stimulus policies China is likely to announce, analyst says.
Explore more
Pimco cofounder and “Bond King” Bill Gross is warning investors away from plunging into the market bloodbath and trying to ...
Maryland Democratic lawmakers expressed dismay Thursday over President Donald Trump’s tariffs on all imported goods, a move ...