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Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S.
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NEW YORK (AP) — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
The S&P 500 was down 4.3% in morning trading,
Apple (AAPL) shares fell over 7% before the bell, still leading the sell-off in tech stocks that followed Trump’s bigger-than-expected tariffs.
Apple’s overseas production hubs are particularly vulnerable, given the iPhone maker’s presence in China, Vietnam, and India. These countries will face tariffs of 34%,
By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
The S&P 500 was down 4.3% in morning trading,
Stock market today: Benchmark indices Sensex and Nifty ended lower on Thursday, though they outperformed their Asian counterparts after US President Donald Trump imposed tariffs on over 180 nations late Wednesday. Analysts believe that India’s relatively lower tariffs compared to other South Asian nations could work in its favor. As a result,
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