Dow closes at record high, defying fears of panic sparked by Trump's tariff threat

The major stock indexes surged higher on Tuesday.

Dow, Russell 2000 hit new records as investors cheer Trump's Treasury pick

A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday.

Dow finishes at record high after Trump wins 2024 presidential election

The Dow Jones finished up over 1,500 points and the S&P and Nasdaq each hit fresh record highs on Wednesday after President-elect Trump won the 2024 race. Bank stocks were among the biggest risers ...

Fashion World Fears High Tariffs in Trump Administration

President-elect Donald J. Trump has threatened a tax of at least 60 percent on goods from China — a move with the potential to decimate small American brands.

Business - The New York Times - November 13

Trump’s tariff pledge hasn’t sparked a stock-market panic. What investors need to watch.

“Tariff Man” is back, sending shock waves through the foreign-exchange market but leaving major U.S. stock indexes largely unmoved — at least for now.

Business - MarketWatch - 16 hours ago

Dollar hits six-month high as Trump tariff talk fuels inflation fears

US Treasury yields rise as traders scale back expectations for interest rate cuts

Business - Financial Times - November 12

How to deal with Trump’s tariff threats

Canada, Mexico and China have options to avoid a trade war

Business - Financial Times - 20 hours ago

This chart shows the tariff threat might be less than feared

Morgan Stanley strategists say that while the U.S. represents 26% of the revenue for the companies in the MSCI Europe, only 6.6% is goods exported to the U.S. from outside.

Business - MarketWatch - November 18

Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.

The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.

Business - The New York Times - November 7

Trump’s Tariff Threat Roils Global Markets

The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.

Business - The New York Times - 21 hours ago

12:30 Report — Trump’s tariff threat

{beacon} 12:30 REPORT It’s Tuesday of Thanksgiving week. Things are starting to quiet down in Washington. Here’s what’s happening: Trump says he will impose new tariffs on the goods from China, ...

Politics - The Hill - 17 hours ago

Trump’s Tariff Threat Pits Canada Against Mexico

The president-elect’s opening salvo in trade and border talks with the United States’ neighbors is casting a harsh light on the North American alliance.

Business - The New York Times - 10 hours ago

Mexico floats retaliatory tariffs in response to Trump threat

President-elect Donald Trump says he will take executive action on day one to impose major tariffs on Canada, Mexico and China. So how will that impact costs for consumers? Mario Parker, Bloomberg ...

Investors’ ‘fear of missing out’ drives gold demand to record high

Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious metal

Business - Financial Times - October 30

FirstFT: Trump’s first appointment

Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker pay

World - Financial Times - November 8

Bitcoin Closes in on $100,000 as Trump Crypto Plans Spark Optimism

The president-elect’s vow to make the U.S. the ‘crypto capital of the planet’ spurs a buying spree.

Business - Inc. - 5 days ago

‘Frightening to consider’: fears grow over Trump’s threats to political foes

Critics alarmed by talk of revenge against Democrats and say second Trump term would pose unprecedented danger. US elections 2024 – live updates Donald Trump’s extremist attacks on top ...

World - The Guardian - October 30

Fear in undocumented communities over Trump’s mass deportation threats

Experts say many don’t know what to do now that Trump can carry out vow to run biggest deportation ‘in US history’. US elections – latest updates . Fear is rippling through undocumented ...

World - The Guardian - November 7

Trump’s Tariff Plan Prompts European Fears on Growth Rates

Leaders at the European Central Bank worry that trade barriers will curb EU economic progress more than they will push up Euro zone inflation.

Business - Inc. - November 18

Italian cheesemakers stockpile in US over fear of Trump tariffs

Exporters of dairy and olive oil made in Italy face shipping and storage crunch in run-up to Christmas

World - Financial Times - 4 days ago

Trump’s talk of tariffs raises fears of hit to economies worldwide

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth. Trump vows tariffs on Mexico and Canada and deeper tariffs on China US politics – ...

World - The Guardian - 22 hours ago

U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats

Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.

Business - The New York Times - November 4

Trump win and threat of more tariffs raises expectations for more China stimulus

Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.

Business - CNBC - November 7

Cuban implies Trump's tariff threat having negative impact 'right now'

Billionaire and former Harris campaign surrogate Mark Cuban warned of the negative impact of President-elect Trump's tariff plans, which include a general tariff on imported goods and an additional ...

Politics - The Hill - November 9

Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes

In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing.

As Threat of Trump Tariffs Looms, Europe’s Leaders Seek Greater Unity

At a conference in Paris, corporate chiefs, finance ministers and top politicians called for a “Europe First” policy to counter Donald Trump’s protectionist agenda.

Business - The New York Times - 4 days ago

German gloom deepens as Trump tariff threat rattles exporters

Acute vulnerability to a trade conflict could push struggling economy into recession, analysts warn

Business - Financial Times - 3 days ago

China and Canada respond to Trump’s tariff threats and border comments – live

China’s embassy in Washington has responded to Trump’s announcement, saying that no one will win a trade war or tariff war’. Prosecutors drop federal cases against Trump Corey Lewandowski , ...

World - The Guardian - Yesterday

Donald Trump’s trade tariffs could cost US consumers $2,400 a year – business live

Rolling coverage of the latest ecoonomic and financial news. Trump vows tariffs on Mexico and Canada and deeper tariffs on China . The US president-elect’s social media post announcing 25% ...

World - The Guardian - 19 hours ago

After Trump’s Tariff Threat, Is a China Currency War Next?

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.

Business - The New York Times - 15 hours ago

Mexico’s peso and Canada’s dollar fall on Trump’s 25% tariff threats

In a post on his social media platform Truth Social, Trump threatened to impose 25% tariffs on all goods imported from both the U.S. and Canada

Business - MarketWatch - 23 hours ago

Mexico hits back as Trump’s tariff threat shakes markets

President Claudia Sheinbaum hints at retaliation and says US southern neighbour is tackling migrant and drug problem

Business - Financial Times - 17 hours ago

10 key takeaways for investors from Trump’s latest tariff threats

Last night, President-elect Donald Trump took to Truth Social to declare his intention to slap tariffs on China, Canada and Mexico shortly after taking office.

Business - MarketWatch - 19 hours ago

Mexican President Mulls Retaliatory Tariffs After Trump’s Threats

President Claudia Sheinbaum responded to President-elect Trump’s threat to impose high tariffs, saying such a move would inflict damage on both countries.

World - The New York Times - 18 hours ago

‘No One Will Win a Trade War,’ China Says After Trump Tariff Threat

A spokesperson at the Chinese Embassy in Washington said his country is fighting fentanyl trafficking, the reason for the new promised penalty.

Business - Inc. - 18 hours ago

Latest in Dow closes at record high, defying fears of panic sparked by Trump's tariff threat