Trump tariff chaos rattles global stock markets
- Eight tech billionaires have lost over $266 billion due to President Donald Trump's policies, which have spooked investors.
- Elon Musk's fortune declined by 30%, overshadowed by fears of inflation and recession sparked by Trump's recent statements.
- The Nasdaq Composite experienced its steepest one-day loss since 2022, dropping 4% as Trump's economic comments heightened fears of recession.
- Trump's chaotic approach to tariffs has led to confusion in financial markets and tensions within his Cabinet over government cuts.
152 Articles
152 Articles
Trump's trade policy sowing economic pain - Addison Independent
ADDISON COUNTY — It remains unclear exactly how tariffs proposed and implemented by President Donald Trump will impact U.S. businesses and consumers, but one thing is certain — the president’s everchanging approach to tariffs has already created a lot of confusion and economic uncertainty — and tension between the U.S. and its northern neighbor, Canada. Trump’s tariff policies change sometimes hour to hour, with several levies being threatened, …
FO° Exclusive: Global Markets Are Now Extremely Nervous
In recent times, global markets have shown increasing signs of anxiety and uncertainty, as investors brace for a potential disruption in major economies, particularly the United States. The dynamics surrounding the US economy, alongside geopolitical developments and domestic policy shifts, are causing alarm among investors and analysts.One of the most concerning aspects is the inversion of expectations regarding US and Chinese debt. Previously c…
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