Market

President Trump has warned Americans that his new tariffs on imports will cause "some pain" in the form of higher prices, swooning stock values, and economic uncertainty. However, economists warn that the tariffs could have wider-reaching consequences, pushing up the cost of food, energy, and many other products. Despite the potential for economic hardship, Trump claims that the tariffs will bring more manufacturing to the United States and increase revenue to offset the cost of tax cuts. However, most economists disagree, predicting that the tariffs will lead to higher inflation and slower growth.

Published on: February 04, 2025, 07:01 AM UTC

US stock futures fall as Trump's China tariffs draw retaliation, with tech stocks and Tesla hit hard while Palantir shares surge.

Published on: February 04, 2025, 07:01 AM UTC

China and the US escalate trade tensions with mutual tariffs, causing a decline in the offshore yuan and other Asia-Pacific currencies.

Published on: February 04, 2025, 06:02 AM UTC

Alphabet and Meta, tech giants, report earnings this week. Investors will look for updates on AI investments and the digital ad market. Alphabet is expected to report revenue of $96.6 billion and EPS of $2.13. Meta beat expectations last week but declined to provide guidance. DeepSeek's AI models have raised questions about Silicon Valley's AI spending. Google Cloud growth is important as Alphabet competes with Amazon and Microsoft. Regulatory risks and Trump's policies are also on investors' minds.

Published on: February 04, 2025, 06:02 AM UTC

Automaker stocks slid on Monday as President Trump imposed tariffs on Canada and Mexico. GM, Ford, and Toyota were among those affected, with parts from those regions used in cars.

Published on: February 04, 2025, 06:02 AM UTC

President Trump's 10% tariffs on Chinese goods, including electronics like PCs and smartphones, are now in effect. Apple is among the tech companies most at risk, facing tariffs on its products made in China. Chipmakers could also see higher tariffs in the future, potentially impacting the AI industry.

Published on: February 04, 2025, 06:01 AM UTC

Economists warn that President Trump’s tariffs will increase prices of food, energy, and other products, as well as interest rates and punitive retaliatory measures. While Trump believes higher costs today will bring a more prosperous U.S. economy tomorrow, many economists disagree. The biggest economic problem lies with the $36 trillion national debt.

Published on: February 04, 2025, 06:01 AM UTC

US stock futures climbed as Trump agreed to delay tariffs on Canada and Mexico by 30 days. Nasdaq 100 futures rose 0.7%, while S&P 500 futures gained 0.5% and Dow futures inched up 0.3%. Gold rose toward a record high as Trump's tariff threats and delays boost demand for a stable asset.

Published on: February 04, 2025, 06:01 AM UTC

China and the US have renewed their trade war by imposing new tariffs on each other's goods, with analysts predicting heightened uncertainty and market volatility.

Published on: February 04, 2025, 06:00 AM UTC

Published on: February 04, 2025, 06:00 AM UTC