In the short term, everyone loses in a trade war
President Donald Trump’s economic policy, including tariffs, has contributed to U.S. stock market plunges while international ...
President Trump vows to counter European Union's retaliatory tariffs, escalating trade war
Escalating a trade war with Europe, President Donald Trump said his administration will counter the European Union's new ...
European Union Enacts Retaliatory Tariffs as Trump Trade War Escalates: ‘We Deeply Regret This’
We deeply regret this measure. Tariffs are taxes. They are bad for business, and even worse for consumers. These tariffs are ...
American consumer sentiment plunges on trade war fears
The Trump bump in consumer sentiment is now a Trump slump.
Mark Carney Is Sworn in as Canada’s New Prime Minister as Country Deals With Trump’s Trade War
T ORONTO — Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer ...
Trading Day: Bears take charge as trade war fears choke recovery hopes
Global equities sank on Thursday with the S&P 500 confirming it was in a correction while U.S. Treasury prices rose as ...
BMW warns of €1bn profit hit from global tariff war
BMW has warned that EU, US and China tariffs will cost it €1bn this year after its profits fell 36 per cent in 2024 and it warned earnings were expected to remain at a similar level in 2025. The ...
Wall Street tumbles 10% below its record for first 'correction' since 2023 on Trump's trade war
A 10% drop is a big enough deal that professional investors have a name for it — a “correction” — and the S&P 500’s 1.4% ...