US Edition
Wall Street Points Lower After Trump's Weekend Tariff Announcement; Bank Earnings This Week
NEW YORK, UNITED STATES, JUL 14 – President Trump's plan to impose 30% tariffs on EU and Mexican imports from August 1 increases trade tensions amid ongoing negotiations, impacting global markets and investor confidence.
- On July 14, 2025, U.S. stock indices mostly declined following President Trump's announcement of a 30% duty on imports from both Mexico and the European Union, set to take effect on August 1.
- This followed the Trump administration's initial deadline set for countries to make trade deals or face tariff hikes, with negotiations now extended to August 1 amid only two deals since April.
- European markets reacted negatively with Germany's DAX down 1% and Paris's CAC 40 shedding 0.5%, while Britain's FTSE 100 gained 0.4% due to its existing U.S. trade deal and non-EU status.
- Oil prices rose, with Brent crude up $1.03 to $71.39 and U.S. crude reaching $69.50 per barrel; Bitcoin climbed 3.6% early Monday to around $121,315 during Congress' Crypto Week.
- Bank earnings reports from JPMorgan Chase, Wells Fargo, and Citigroup are due Tuesday amid expectations of a modest 2% earnings beat, while trade tensions continue to shape market sentiment.
27 Articles
27 Articles
WSB_TV Atlanta 2
El Paso Inc.Wall Street slips following Trump's latest move on tariffs
U.S. stock indexes are edging mostly lower following President Donald Trump’s latest updates to his tariffs, but Wall Street is hanging near its record amid speculation about whether the president may ultimately back down
Wall Street points lower after President Donald Trump’s weekend tariff announcement; bank earnings this week
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq each retreated by about 0.3% early Monday. An announcement over the weekend by U.S. President Donald Trump that he plans 30% tariffs on goods from Mexico and the European Union had a modest immediate impact, a…
The AEX traded slightly lower around noon. Investors remained cautious after the weekend news that US President Donald Trump plans to impose a 30 percent import tariff on EU goods starting August 1st. This is putting pressure on sentiment on European stock markets.
Wall Street points lower after Trump's weekend tariff announcement; bank earnings this week
Wall Street is pointing lower before the opening bell with new tariffs announced for Europe and Mexico and as the unofficial start of earnings season get under way this week. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq each retreated by about 0.3% early Monday. An announcement over the weekend by U.S. President Donald Trump that he plans 30% tariffs on goods from Mexico and the European Union had a modest immediate impact, a…
Coverage Details
Bias Distribution
- 44% of the sources are Center
To view factuality data please Upgrade to Premium
