Business News
Stocks tumble as fallout from Trump tariffs roils markets
(NEW YORK) -- U.S. stocks tumbled in early trading on Thursday as fallout from the Trump administration's tariffs continued to roil markets.Stocks recovered some of the losses within hours, however, after Commerce Secretary Howard Lutnick said a one-month delay of tariffs on Mexico and ...
When will prices go up due to Trumps tariffs?
(NEW YORK) -- Price hikes for gasoline and groceries could reach shoppers within days in the aftermath of tariffs imposed by the Trump administration, experts told ABC News.Some products such as auto fuel and fresh produce will be hit with near-instant price increases, ...
Stocks tumble as Trump tariffs create uncertainty in markets
(NEW YORK) -- The stock market fell in early trading on Tuesday, just hours after the Trump administration’s long-promised tariffs took effect.The Dow Jones Industrial Average dropped nearly 800 points, or 1.8%; while the S&P 500 also fell 1.8%. The tech-heavy Nasdaq tumbled 1.6%.The policy ...
Dumb: Canada, Mexico blast historic Trump tariffs, threaten retaliation
(WASHINGTON) -- America's closest neighbors, Canada and Mexico, excoriated President Donald Trump for slapping historic tariffs on goods from their countries.Trump's broad tariffs went into effect on Tuesday, along with increased duties on goods from China, a move that prompted a swift retaliation ...
Stocks fall in early trading Tuesday as tariffs take effect
(NEW YORK) -- The stock market fell in early trading on Tuesday, just hours after the Trump administration’s long-promised tariffs took effect.The Dow Jones Industrial Average dropped nearly 800 points, or 1.8%; while the S&P 500 also fell 1.8%. The tech-heavy Nasdaq tumbled 1.6%.The policy ...