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Barclays economists led by Mark Cus Babic show how shifting patterns of U.S. trade have so far limited the impact of tariff changes. Most of it has been a shift away from China. Still, the ...
UBS on Friday lowered its year-end target for the S&P to 5,800 from 6,400 and said the US economy could enter recession in the near-term due to the impact of Trump’s tariffs.
It also remains to be seen whether the new agreement’s 30 percent tariff on imports from China will eliminate the possibility of product shortages,” Thomson said.
Economists expect the US headline inflation to have grown at a faster pace of 2.8% on year, against a 2.7% increase in June.
Trump Tariffs Show Mixed Impact on Big Economies — 3rd Update Provided by Dow Jones Apr 23, 2025, 9:16:00 AM ...
News of a U.S. agreement with China to temporarily ease tariffs sent stocks soaring on Monday. The S&P 500 rose 184 points, or 3.3%, to close at 5,844, while the Dow Jones Industrial Average leapt ...
The Dow is hanging between two key levels having tested both today with immediate resistance resting at 42446 and support at 41950. A move beyond 42446 brings the 42764 and 43402 handles into focus.
UBS on Friday lowered its year-end target for the S&P to 5,800 from 6,400 and said the US economy could enter recession in the near-term due to the impact of Trump’s tariffs.
Trump Tariffs Have Mixed Impact on Big Economies — Update Provided by Dow Jones Apr 23, 2025, 8:37:00 AM ...