Trump, Tariffs and Financial Market
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Some relief is flowing through financial markets worldwide Tuesday as stocks bounce to recover a bit of their historic losses since President Donald Trump dramatically raised the stakes in his trade ...
From The Associated Press - Business News
China does not want a trade war with the United States but will be compelled to take the fight to the world's No.1 economy if President Donald Trump continues to ramp up trade tensions, its commerce ...
From Reuters
Asian equity markets sank, European shares crashed to a 16-month-low and oil prices plummeted as investors feared the duties Trump announced last week could lead to higher prices, weaker demand and p...
From Reuters
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Financial markets have reacted very badly to the upending of global trade. But that doesn’t mean you should panic.
Evidence for this is scattered across markets. The biggest example is US government bonds. It is little surprise that they pushed higher in price last week after Trump revealed his plans — increased demand for haven assets such as Treasuries, albeit with a slow start in this instance, is par for the course in a shock.
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
To get John Authers’ newsletter delivered directly to your inbox, sign up here. Global markets underwent a seismic response to last Wednesday’s announcement of sweeping tariff
Investors lost $25.7bn in leveraged exchange traded funds late last week, in the biggest ever meltdown for risky funds that have drawn huge inflows in recent years from retail traders seeking quick returns.