Trump tariffs spur Wall Street's worst day since 2020

Stocks Fall as Tariff Pause Fails to Quell Wall Street’s Worries

A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.

The New York Times - 17h

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table

This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.

CNBC - 23h

Trump’s Tariffs Shroud Wall Street’s Earnings Outlook

S&P 500 companies face high uncertainty amid trade war and recession fears.

Inc. - 4h

Trump’s tariffs on China could be felt by consumers ‘within weeks’

NBC Senior Business Correspondent Christine Romans explains how soon consumers could feel the impact of President Trump’s tariffs. CNBC Senior Economics reporter Steve Liesman says Wall Street ...

NBC News - 19h

U.S. stock futures point to higher Wall Street opening despite China tariffs hike

Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.

CBS News - 4h

Top strategists say stock market still bogged down by tariff uncertainty despite Trump’s pause

Top strategists on Wall Street say the White House has not yet done enough to dispel tariff uncertainty, leaving the stock market struggling to stage a durable rally.

MarketWatch - 18h

‘I’m just being practical’: I’m cashing out and selling all my worldly belongings. Is that wise?

“I’m not panicking over the turmoil on Wall Street or Trump’s trade war.”

MarketWatch - 8h

Trump advisor Peter Navarro hypes stocks a day after calling tariff-driven plunge 'no big deal'

The S&P 500 is down more than 12% since President Donald Trump reentered the White House and launched a trade war with China.

CNBC - 2h

Trump pauses tariffs: What happens after 90-day reprieve?

President Donald Trump hit pause on some of his global tariffs, sending stocks surging on Wednesday but what happens after the 90-day reprieve? CNBC’s Andrew Ross Sorkin joins TODAY to weigh in on ...

NBC News - 1d

Five years since Bahrain 2020: The tech that saved Grosjean's life

It's been five years since Romain Grosjean's fiery Bahrain crash. F1's ongoing search for safety saved him.

ESPN - 3h

The trade shock heard round the world

President Trump has announced the largest round of tariff hikes in over 100 years, which has led to the U.S. stock market reacting with its biggest selloff since 2020, while the U.S. dollar has ...

The Hill - 2h

Stock market shudders as China jacks up tariffs on U.S. to 125%

Stocks are choppy in early trading as Wall Street analysts warn of a sharp escalation in conflict between the world's two biggest economies.

CBS News - 51m

U.S. dollar index suffers biggest drop since 2022, hits new low for the year

The dollar has fallen since President Donald Trump announced new tariffs last week.

CNBC - 20h

Trump-China trade war escalates

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks slide as Trump’s trade war spooks Wall Street Stocks slid Thursday as ...

The Hill - 17h

Will Trump’s tariffs affect U.S. jobs?

On again, off again: the spectre of the potential economic fallout of tariffs has worried Americans since President Trump’s inaugural address, when he proposed to “tariff and tax foreign countries ...

The Hill - 3h

Trump Reverses Course on Global Tariffs, Announcing 90-Day Pause

The president further raised already steep tariffs on China, saying that Beijing should not have retaliated against his earlier trade actions.

The New York Times - 1d

Stocks plummet a day after huge gains on tariff pause announcement

Trade tensions remain high despite President Trump's decision on Wednesday to temporarily freeze U.S. tariffs on dozens of countries.

CBS News - 15h

Steeling China for a Tariff Fight, Xi Faces His Biggest Test Since Covid

Xi Jinping has refused to back down in China’s tariff confrontation with President Trump. But he’ll have to persuade his people that the pain is worth it.

The New York Times - 3h

Trump Has Added 145% Tariff to China, White House Clarifies

White House officials clarified on Thursday that the 125 percent tariff the president announced on Wednesday was in addition to a 20 percent added to the country since President Trump returned to ...

The New York Times - 23h

Trump tariffs live updates: Trump says tariffs 'doing really well,' China hikes rate

In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.

ABC News - 2h

Tesla shares retreat following sharpest rally since 2013

After soaring 23% on Wednesday due to President Trump's pause on most new tariffs, Tesla shares dropped on Thursday along with the broader market.

CNBC - 20h

Lawmakers pursue avenues to counter Trump tariffs

Backlash to President Trump's tariffs cropped up throughout Capitol Hill in recent days, as Democrats, and some Republicans, expressed concern about the sweeping levies on foreign imports.

CBS News - 1d

Freight orders surge on Trump tariffs trade whipsaw: 'The ships are filling up'

President Trump's decision to offer a 90-day tariffs reprieve hasn't changed uncertainty inside the global supply chain, but it has led to an order surge.

CNBC - 21h