US stock futures drop after Trump says he won’t rule out a recession
- Wall Street fell nearly 10% below its record high, indicating a market correction following President Donald Trump's tariff threats against Canada.
- The S&P 500 index declined nearly 1% on Tuesday, marking a significant drop after Monday's worst trading day of the year.
- Trump announced plans to raise tariffs on steel and aluminum imports from Canada to 50%, which will take effect Wednesday, creating further investor uncertainty.
272 Articles
272 Articles
Will Donald Trump listen to the warning signals of the financial markets?
The president of the United States was known for having the price of American equities as the only compass. He is now ignoring the fall of markets that penalizes his erratic and anxious economic policy.
Investors are leaving the US stock market en masse because of Trump, should we be worried?
US President Donald Trump has caused panic on the stock markets. Investors have been leaving US stocks en masse after Trump confirmed that his policies could lead to an economic recession. Should we be worried? "It's chaos under Trump."
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