Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
Category: International Trade and World Market
-
Bitcoin Is Down 10% Since Trump’s Global Tariff Announcement
The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.
-
Stocks Are Set to Extend Sharp Fall
Futures on the S&P 500, which allow investors to trade the index before regular trading begins on Monday, added to last week’s sell-off.
-
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s major sell-off.
-
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
-
Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal
Free trade has been so beneficial to so many countries that the world may find a way to live without its biggest player.
-
Vietnam Urges United States to Delay Imposing Tariffs On It
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.
-
British Carmaker Jaguar Land Rover Pauses Shipments to U.S.
The luxury automaker, which faces 25 percent import tariffs, said it was halting shipments in April as it addresses the new trading terms.
-
A Tariffs Cheat Sheet
An escalating global trade war has tanked markets and plunged corporate America into chaos. DealBook asked economists, investors and other experts to help make sense of what’s next.
-
The Fed Isn’t Rushing to Save the Markets This Time
With stocks in a steep decline and tariffs inducing recession jitters, the patience of investors may be tested.
-
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.
-
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
The amount of manufactured goods exported from Africa to the United States is minuscule. But for Lesotho, the impact of a stunning 50 percent tariff is enormous.