Posts with tag: virtual education
The euro and European stocks rose on optimism that US-Russia talks could end the Ukraine war, boosting risk appetite and benefiting riskier assets.
Published on: February 13, 2025, 12:04 PM UTC
Donald Trump's focus on reciprocal tariffs could upend US trading relationships around the globe. Some American allies have high average tariffs in place and could be hit hard. It's a point that Trump himself often makes, saying that some American friends are "ripping us off" with protectionist policies. But other nations could point out they currently charge lower average duties on various goods than the US does, and argue that any US tariffs applied to them should actually fall. These coming reciprocal tariff plans will now take center stage after Trump on Monday evening formalized 25% duties on steel and aluminum.
Published on: February 11, 2025, 01:02 PM UTC
US stocks rebounded on Monday after investors looked past the latest trade tensions caused by President Trump's tariff announcements, which included new levies on steel and aluminum imports. The Dow Jones Industrial Average climbed 0.2%, the S&P 500 rose 0.6%, and the Nasdaq Composite surged 1.1% as AI chip giant Nvidia's shares soared. Investors weighed Trump's additional 25% tariffs on steel and aluminum from all countries, with the official announcement made on Monday. The metals tariffs are expected to benefit US steel companies, whose stocks jumped.
Published on: February 10, 2025, 07:00 PM UTC