‘No pain’: Trump team doubles down on tariffs as global markets plummet

‘No pain’: Trump team doubles down on tariffs as global markets plummet

The White House doubled down Thursday on President Donald Trump’s sweeping worldwide tariffs, as he slapped stiff duties on unexpected allies and threatened an economic upheaval that could put Republicans’ House and Senate majorities at risk next year. As Marine One lifted the president skyward from the White House South Lawn, American, Asian and European stock markets were heading in the opposite direction. The Dow Jones, S&P 500 and NASDAQ all…

‘It would be foolish to assume Trump is going to go away in four years’

Tonight on 'Closer Look': As global stock markets continue to plummet, we revisit our latest podcast about the Buy Canadian movement — and the worst-case scenario for our teetering economy

Europe readies response to Trump tariffs as global markets slump

Europe’s top trade official will meet with US colleagues on Friday, as countries around the world grapple with how to respond to President Donald Trump’s tariff hammer strike, which has fuelled fears of a recession and prompted a global stock rout. Nations from Canada to China have prepared to retaliate in an intensifying trade […] The post Europe readies response to Trump tariffs as global markets slump appeared first on Trending News.

Tariffs will hurt silver and base metals but boost gold demand; Trump will double down before he gives in – TD Securities

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Reading time approx.: 1 minutes, 48 secondsThe global nervousness also caused the dollar index to fall back 1.76% in its greatest daily contraction since November 10, 2022, when it lost 2.0% The profits of the Mexican Stock Exchange (BMV) and the exchange rate that extended at the opening of the Thursday session were distonating against the global nervousness due to the entry into force of the Trump Administration's tariff policy, reflected in t…