Trump threatens a 50% tariff on EU
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Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
U.S. stock futures pointed to slight losses early on Tuesday after eking out gains the previous day. The market looks to have largely shrugged off the latest downgrade of the U.S.’s credit rating and is looking for a new catalyst.
The Dow Jones Industrial Average ... EU officials had been expected to hold talks Friday to assess the status of their trade negotiations. Trump’s tariff warning may further complicate those ...
Stocks are soaring Monday as investors cheer weekend talks that saw China and the U.S. agree to slash tariffs on each other for at least 90 days. Data indicate that institutions were already lagging behind the stock-market bounce that had seen the S&P 500 take back much of its post-April 2 selloff,
Stock futures ... media post that tariffs "must go below 60%" for a trade deal to succeed. Stocks fell Friday, as Wall Street warily waited for the outcome of the trade talks.
U.S. Trade Representative Jamieson Greer, left, and U.S. Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP) AP
The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period