Trump, tariffs
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A White House official said the president’s “full attention” was on the tariff policy Friday, noting he continued to send updates about conversations he had with foreign leaders.
From CNN
The Dow Jones Industrial Average declined 4%, or more than 1,600 — its worst sell-off since 2022.
From Yahoo
Shares slid again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs.
From BBC
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The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
On Friday, Japan's benchmark Nikkei 225 fell by another 3.5%, Australia's ASX 200 was down more than 2%, and Singapore's Straits Times Index was almost 3% lower. South Korean stocks are also losing ground but that appears to be related to the country's constitutional court upholding the impeachment of President Yoon Suk Yeol.
Countries in Southeast Asia, major sources of exports to the US, are angling to accommodate President Donald Trump rather than retaliate against his punishing tariffs, seeking to keep exports flowing to one of their biggest markets.
The Donald Trump administration’s latest round of tariffs create a fresh labyrinth of rules for traders and countries. Here are some striking and unexpected outcomes from the US’s leap back towards protectionism.
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Here's what today's polls and the American public say about President Donald Trump's job performance and current approval ratings amid tariff chaos.
U.S. consumers are rushing to buy big-ticket items before President Donald Trump's tariffs kick in. Consumers who were considering big purchases told The Associated Press that they hurried in recent days to lease cars and buy products such as laptops in anticipation of the tariffs.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.