Tesla (TSLA) shares are getting run over right out of the gate post holiday weekend. The stock is down 7% pre-market as president Trump and Elon Musk return to public battle. The general vibe from those I have chatted with is that Musk creating his own political party is the last thing Tesla shareholders want…
Are you confused about Donald Trump’s tariff policy, including why he instigated a global trade war, what its effect impact will be on the U.S. economy and how hard it will hit your pocketbook? Join the club. So too are economists, trade experts, political prognosticators and Trump himself. Their bewilderment has only intensified with the…
The US trade war “will not kill Hong Kong” given the city’s increasingly diversified exports in recent years, with only 3 per cent of goods expected to be affected, the Trade Development Council has said. Council director of research Irina Fan Yuen-yee said on Saturday that only about half of Hong Kong’s exports to the…
A section of Alaska Airlines Flight 1282 that lost a fuselage panel on a Boeing 737-9 Max, one in a string of mishaps that shattered Boeing’s reputation for quality. (Uncredited / Associated Press) We keep hearing about all the goods that will become more expensive for Americans thanks to Donald Trump’s tariff policy, such as…
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty Monday, left to decipher whether a government policy exempting businesses that are core to the U.S. economy from crippling tariffs could be relied upon. An industry that plans product launches and manufacturing years in advance faced four days…
US stock futures extended some of Thursday’s losses before bouncing back as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Futures tied to the S&P 500 (ES=F) were up 0.6%, those on the tech-heavy Nasdaq (NQ=F) popped 0.9%. Dow Jones Industrial Average futures (YM=F) climbed 0.4% The major stock indexes are…
Stock markets in the US and worldwide continued sinking on Monday after the new US tariff policy began collecting duties and global trade tensions continued to rise. President Trump and his top advisers dug in over the weekend, with the president suggesting that equity markets may need to “take medicine” and posting that the new…
President Donald Trump criticized China on Friday, saying it “played it wrong” and “panicked”, after China announced retaliatory tariffs which sent U.S. stock markets tumbling.The Dow closed down 2,200 points on Friday, with the S&P dropping 6% and the Nasdaq falling 5.8%.This rapid rate decline put the stock market at risk of triggering a circuit…
Mar 31, 2025 10:33 AM IST CHINA-STOCKS/MIDDAY:China, Hong Kong stocks weaken to near one-month low on tariff concerns By Jiaxing Li China, Hong Kong stocks weaken to near one-month low on tariff concerns HONG KONG, – China and Hong Kong stocks fell on Monday, joining a broader equity rout in the region as concerns heightened…
China imposed various retaliatory tariffs on the US in response to US President Donald Trump’s tariff policy. Particularly notable is the 10% tariff China imposed on US soybeans (ZS=F), as soybeans are the US’s top agricultural export, with China as the top importer. US Soybean Export Council CEO Jim Sutter joins Brad Smith on Wealth…