Sell-off worsens worldwide and Dow drops 1,200 after China retaliates against Trump tariffs
Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
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Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war.
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Tesla Inc.’s sales started slowing even before Chief Executive Officer Elon Musk really threw his weight around in US politics. Since he’s taken a starring role in the Trump administration and become a cheerleader for Europe’s far right, the company’s fortunes have taken a turn for the worse.
Everything from crude oil to Big Tech stocks has fallen. Even gold, a traditional safe haven, pulled lower after Trump announced his 'Liberation Day' set of tariffs, which economists say carries the risk of a potentially toxic mix of weakening economic growth and higher inflation. Here’s the latest.
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