Browsing: Trump tariffs

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with

U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%

Gold prices remained largely flat on Monday, with investors closely watching for clarity on Trump’s tariffs ahead of a key April 2 deadline. Spot gold held at $3,026.85 per ounce by 1131 GMT, while U.S. gold futures edged up 0.4%

Nvidia’s stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect on Tuesday. The sharp decline erased approximately $265 billion from the company’s market value, bringing

U.S. stocks suffered a sharp decline on Monday as President Donald Trump confirmed that new tariffs on imports from Canada and Mexico would proceed, exacerbating market fears of a deepening trade dispute. The S&P 500 fell 1.76% to 5,849.72, marking

The European Commission has expressed strong opposition to U.S. President Donald Trump’s proposed “reciprocal” trade policy, calling it a step in the wrong direction. The Commission reaffirmed its commitment to an open and predictable global trading system, emphasizing that such