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Markets careen at start of Trump's trade war
Markets careen at the start of Trump's trade war
Investors are waking up to US President Donald Trump's tariff threats on key trading partners after a brief honeymoon. On Saturday, Trump ordered 25% tariffs on goods from Canada and Mexico and a 10% tariff on China,
Trump says Americans may feel 'pain' in trade war with Mexico, Canada, China
President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause "short term" pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation.
The Trump trade war begins
Donald Trump hit Canada, Mexico and China with steep tariffs on Saturday, and oil and gas groups are relying more heavily on carbon offsets to reach climate targets. Plus, EU governments are exploring ways to include the UK and Norway in a “coalition of the willing” dedicated to ramping up the continent’s defence.
29m
on MSN
Global auto stocks plunge as Trump tariffs spark trade war concerns
Shares of auto giants fell sharply on Monday as U.S. President Donald Trump imposed long-threatened tariffs on goods from ...
6h
Asia FX slump on trade war fears puts rupee on verge of 87/USD
The Indian rupee is poised to open at an all-time low against the dollar on Monday, tracking a slump in Asian currencies and ...
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