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US stock futures point to sharp losses as Trump's tariffs on China, Mexico, and Canada weigh on Wall Street.
Published on: February 03, 2025, 01:00 AM UTC
Trump's tariffs on Canada, Mexico, and China send shockwaves through Wall Street, with experts predicting slower growth, higher inflation, and pressure on US equities. Insights from Morgan Stanley, EvercoreISI, JP Morgan, and 22V Research provide actionable perspectives on the potential impact of the tariffs.
Published on: February 03, 2025, 12:01 AM UTC
The world braces as the US imposes tariffs on China, Mexico & Canada, sparking fears of a global recession and inflation. The dollar surges as stocks tumble and investors seek safe-haven assets.
Published on: February 03, 2025, 12:01 AM UTC
Hong Kong-listed Chinese stocks will face pressure after Trump's tariffs. Sectors vulnerable include online retailers (Alibaba), chipmakers, auto stocks exposed to Mexico, and green energy companies.
Published on: February 03, 2025, 12:01 AM UTC
Oil prices surge on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply.
Published on: February 03, 2025, 12:00 AM UTC
Tariffs imposed by President Trump lead to a sharp decline in the yuan, peso, and Canadian dollar, fueling fears of a trade war and driving down cryptocurrency prices.
Published on: February 03, 2025, 12:00 AM UTC
Cryptocurrency prices drop as investors worry about a potential global trade war and move out of risky assets.
Published on: February 02, 2025, 11:00 PM UTC
Canada's economy faces a severe shock due to a tariff war with the US, potentially leading to a recession. Economists predict a 2-4% decline in GDP, increased consumer prices, higher unemployment, and a weakened Canadian dollar. The economic consequences for Canada are significant, with some experts calling it an "existential threat" given the importance of exports to the US.
Published on: February 02, 2025, 10:00 PM UTC
Global Financial Markets Adjust to Reality of US-Led Trade War; US Dollar Gains, Stocks May Fall
Published on: February 02, 2025, 10:00 PM UTC
Worried about the trade war? Financial markets reopen Monday needing to deal with reality: The dollar is likely to reach new highs, stocks may be shunned, and bond traders face tough decisions.
Published on: February 02, 2025, 08:01 PM UTC