Market Whiplash: Media Stocks Slump Again Following Brief Rebound on Trump’s Tariffs Pause

Market Whiplash: Media Stocks Slump Again Following Brief Rebound on Trump’s Tariffs Pause

Following one day of respite, the U.S. stock market returned to its downward spiral Thursday amid ongoing concerns tied to President Donald Trump’s proposed tariffs. Media stocks briefly rallied on Wednesday when Trump announced a 90-day pause on the planned tariffs for non-retaliating countries while simultaneously instituting a 125% tax rate increase for imported goods […]

Media stocks rally short-lived as tariff tumult continues

Feelings of disbelief and/or shock at the rash of tariffs imposed upon close to 90 countries by U.S. president Donald Trump on April 2 are perhaps being complemented with a ...

Rally in the markets may be short-lived

After three days of falls following the announcement of US president Donald Trump’s tariffs, Tuesday saw currencies and share prices rise at last. The euro came out strongest, up 0.8% on the dollar and 0.4% on the pound. The rally was caused by the news that the US government was working on “tailored deals” with trading partners, such as Japan and South Korea. For the UK, news of possible trade agreements sent the FTSE 100 to its best single day…