Trump excludes smartphones from reciprocal tariffs

[ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has excluded smartphones from its steep “reciprocal” tariffs as it battles to calm global markets by tempering its approach to the multifront trade war launched by the president.  According…

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10 days and a $10 trillion market swing: How Trump’s tariffs changed the global economy, and what comes next

[ad_1] In U.S. financial history, there are weeks that live in infamy—like the “Black Tuesday” stock market crash of 1929, or the 2008 Lehman Brothers bankruptcy, or the COVID-induced shock of 2020. To this list we can add the “Liberation Day” market meltdown triggered by President Donald Trump’s successive announcements of sweeping tariffs over the…

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Trump tariffs lead to wild week on Wall Street

[ad_1] BlackRock chairman and CEO Larry Fink gives his take on tariff negotiations with China and market volatility on ‘The Claman Countdown.’ U.S. financial markets wrapped up one of their most volatile weeks since the COVID-19 pandemic as President Donald Trump plays fast and furious with his tariff plan that prompted retaliation from China. When…

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