Stock futures plunge as investors digest Trump’s tariffs
- U.S. Stocks dropped sharply after President Donald Trump announced new tariffs, causing Dow futures to fall more than 1,100 points or 2.7%.
- Jed Ellerbroek from Argent Capital stated that Trump's aggressive tariff policy is far more than investors expected six months ago.
- Dan Ives from Wedbush Securities described the tariffs as 'worse than the worst case scenario' that the market was fearing.
- U.S. Stocks fell sharply in after-hours trading as President Donald Trump announced new tariffs that could escalate a trade war and disrupt the global economy.
342 Articles
342 Articles
Congress Freaks Out Over Trump's Tariffs, But Won't Stop Him
This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. A fast-spreading panic hit Capitol Hill on Thursday, as President Donald Trump’s trade war prompted markets to suffer their worst day since the onset of the pandemic in 2020 and analysts were predicting the worst was yet to come. [time-brightcove not-tgx=”true”] While most Hill Republicans tried to avoid criticizing their…
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