Trump, stocks and tariffs
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Global shares were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs.
From The Associated Press
Wall Street's main indexes took a step back on Friday, as fresh data highlighted an uptick in underlying price pressures that surpassed expectations, igniting concerns that the Trump administration's...
From Reuters
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While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
Taiwan Semiconductor Manufacturing stock has suffered this year amid worries about potential tariffs on semiconductors and its hefty investment in the U.S.However, investors should be confident the chip manufacturer can thrive and will likely avoid being dragged into a rescue plan for Intel,
Key Takeaways General Motors shares are likely to remain in the spotlight after leading the S&P 500 lower Thursday amid concerns about the potential impact of the Trump administration’s newly announced tariffs on auto imports.
Tariffs are typically bad news for the economy and stock market. "They raise prices, slow economic growth, cut profits, increase unemployment, worsen inequality, diminish productivity and increase global tensions," according to David Kelly, Chief Global Strategist at J.P. Morgan.
Nvidia (NVDA) stock inched up 0.6% on Friday after a rough stretch that’s seen shares drop 17% this year. The rebound may just be getting
President Trump announces 25% tariffs on cars imported to the U.S. from anywhere in the world. The policy is much worse than Wall Street expected.