Donald Trump, Canada and Tariff Threat
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Texas, Trump and Response
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President Donald Trump seems willing to spend “financial markets capital” whenever stocks are up, say strategists at GlobalData, TS Lombard.
President Donald Trump complained to his aides about the lack of progress being made on trade deals as he was debating whether to push back his tariff deadlines yet again, according to a report. The president announced on Monday he was imposing a new wave of 25- to 40-percent tariffs on products from more than a dozen countries—including key trading partners such as Japan and South Korea—unless those countries reach new trade deals with the U.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.
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Canada threats, blanket rates and ‘TACO’ create uncertainty for future - America’s trading partners brace for another series of tariff proposals that have blindsided allies
As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.
Tariff Man is back again — and so is Wall Street’s TACO trade. President Donald Trump is once more threatening to lob massive duties on a wide swath of US imports, everything from copper and pharmaceuticals to goods from Japan and Russia.
6hon MSN
Jamie Dimon hates ‘TACO’ but says Trump did the right thing in ‘chickening out’ over tariffs - JP Morgan Chase CEO also warns investors against assuming tariffs won’t be permitted to take effect
Trump dubbed it the "Liberation Day," but the crypto market, like the rest of the markets, got trapped in the aftershock. The crypto market cap declined from $2.74 trillion on Apr. 2 to $2.42 trillion on Apr. 8 due to the shock Trump's tariffs caused.
Trump dropped a new tariff threat on Canada, promising an additional 35% import tax on all goods from the largest U.S. trade customer — starting Aug. 1.