Markets tumble with S&P 500 down 5% and Dow down 1,600 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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Natural gas prices expected to experience downside
U.S. could spend years rebuilding broken trust with allies
Oil declines in aftermath of OPEC+ output hike
Where else could Trump implement tariffs next?
'We haven't hit peak uncertainty': Strategists react to market fallout
Canadian unemployment rate could push BoC to neutral rate
Canada reports biggest jobs losses in March since 2022
Global stocks plunge again as market adjusts to new normal
Energy & Commodities
Tesla has a problem - and it’s not just Elon Musk’s politics
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.
Trade War
Federal Reserve chief says Trump tariffs likely to raise inflation and slow U.S. economic growth
The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.
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