Investors Thought They Could Control Trump. They Were Wrong.
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.
It Is Happening Every Day, Every Where
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.
Progressive and moderate Democrats criticized a protest by Representative Al Green as a distraction, and the party leadership tried to refocus attention on economic issues.
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.
Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.
Investors sent stock prices down on Thursday amid the uncertainty over what President Trump’s inconstancy means for the global economy.
President Trump’s stiff tariffs on Mexico and Canada could push those allies into recession. The impact for America could be messy.