Will things cost more? Will the US be better off? We answer your tariff questions
What tariffs have been imposed?published at 13:55 Greenwich Mean Time
China
A 10% charge on all goods imported from China to the US started on 4 February.
China
A 10% charge on all goods imported from China to the US started on 4 February.
Tesla (TSLA -4.43%) has been a wild ride over the last few months.
Shares of the electric vehicle (EV) maker soared following the election of President Donald Trump in November as CEO Elon Musk closely aligned himself with Trump during the campaign.
Tesla’s (NASDAQ:TSLA) stock has been in a free fall, and Dave Portnoy is venting his frustrations.
SHIZUOKA : The Bank of Japan can raise interest rates at a pace in line with dominant views among financial markets and economists, its Deputy Governor Shinichi Uchida said, keeping alive expectations that there is a chance of a near-term increase in borrowing costs.
While he declined to say how soon the BOJ could raise rates,
» Read more about: BOJ vows to keep raising rates despite Trump tariff risks »
Stock futures are higher Wednesday after President Donald Trump’s top trade official said a compromise is possible on recently implemented tariffs against Canada and Mexico.
Futures tied to the Dow Jones Industrial Average and S&P 500 were each up 0.2% about 90 minutes before the opening bell,
Ironman is the alias of the blogger at Political Calculations, a site that develops,
» Read more about: Dividends By The Numbers In February 2025 »
The markets have already priced in that while the central bank would still be cutting rates in 2025, it would happen at a much slower pace than projected earlier. In September 2024, four cuts were anticipated for 2025. However, market participants are currently looking at a maximum of two such instances, which may go down further as the United States enters a phase of tariff impositions on trading partners and possible retaliations.
» Read more about: 3 Financial Mutual Funds to Buy on the Trump Tariff Impositions »
Wall Street stabilized in premarket trading Wednesday in a rocky week dominated by steep U.S. tariffs, and retialitory tariffs from Mexico, Canada and China, that have roiled global markets.
Futures for the S&P 500 and Dow Jones Industrial Average each ticked up 0.2%. Nasdaq futures rose 0.4%.
Truck with container on highway, cargo transportation concept into United States
getty
For investors who thought President Trump’s tariff threats were merely a negotiating tool, what more needs to happen before they realize he is serious and willing to risk global weakness to get his way on trade issues?
» Read more about: The “Phony” Trade War Is Over, The Real One Is Just Beginning »
A potential trade war could inflate the cost of medical supplies and intensify drug shortages across the nation. But William Soliman, founder and CEO of Accreditation Council for Medical Affairs, tells NewsNation weekend anchor Anna Kooiman consumers shouldn’t panic right away, as it would take up to 18 months to deplete most drug stockpiles.