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China to impose 34% retaliatory tariff on all goods imported from the U.S.
China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and […]
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Dow futures tumble a second day, losing 1,100 points after China retaliates to Trump tariffs: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters The stock market was headed for another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. […]
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CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists on board Air Force One en route to Miami, Florida, on April 3, 2025. Kent Nishimura | Reuters U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy […]
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CNBC Daily Open: Trump tariffs decimate stocks and the red flows liberally
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of […]
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Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 3, 2025. Charly Triballeau | Afp | Getty Images Small-cap stocks, which were once thought to be primary beneficiaries of President Donald Trump’s policies, entered bear market territory on Thursday after a […]
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Wall Street’s fear gauge is close to signaling a bear market, says DataTrek Research
Wall Street’s fear gauge is close to signaling a bear market, according to DataTrek Research. The CBOE Volatility Index topped the 29 level on Thursday in a sign the stock sell-off will continue unless volatility abates from here. Typically, a reading above 20 indicates elevated fear and uncertainty in the market, according to Nicholas Colas, […]
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Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 […]
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U.S. stocks drop after hours as Trump imposes sweeping tariffs, S&P 500 ETF falls 2%: Live updates
A trader works on the floor at the New York Stock Exchange on April 2, 2025. Brendan McDermid | Reuters U.S. stocks fell in after hours trading as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the […]
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CNBC Daily Open: Trump tariffs could be hours away — but might be milder than thought
Trucks coming from Mexico enter the United States to an inspection station after crossing the border in Otay Mesa, California, on April 1, 2025. Sandy Huffaker | AFP | Getty Images The dread of something bad happening is usually more severe than the event itself. This could well be the case for U.S. President Donald […]
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CNBC Daily Open: Trump tariffs will take effect ‘immediately’ but could be milder than thought
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images The dread of something bad happening is usually more severe than the event itself (such as heading back to work after a holiday). This could well be […]
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