Trump, Wall Street and tariff
Digest more
The majority of the new tariffs announced closely reflect the rates proposed in April; Laos and Burma are set to face the highest levy at 40%. Meanwhile, goods from Cambodia and Thailand will face slightly lower rates of 36%. Additionally, Brunei, Japan, Kazakhstan, Malaysia, Moldova, South Korea and Tunisia will see a 25% tariff hike.
1d
Cryptopolitan on MSNWall Street fell Friday, with the Dow down 297 points and the S&P 500 slipping 0.3%Wall Street gave up gains Friday after President Donald Trump hit Canada with a fresh 35% tariff and promised more across the board. This came just a day after the S&P 500 set a brand new all-time high.
The Wall Street Journal thinks one Donald Trump move may have just put “his presidency at risk.”