The world’s 500 richest people saw their combined wealth plunge by $208 billion Thursday as broad tariffs announced by President Donald Trump sent global markets into a tailspin.
Administration officials and their allies have offered sometimes conflicting messages about the end goal of the tariffs and whether countries can negotiate new rates.
Global stocks slid for a second day on Friday after U.S. President Donald Trump's sweeping tariff plans wiped $2.4 trillion off Wall Street equities, sending investors running for cover in government bonds as recession fears gripped markets.
The latest on global markets after Thursday's downturn, as investors digest President Trump’s tariff plans. Follow along for live updates on how the Dow, S&P 500 and Nasdaq are reacting.
The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.
Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies has fallen.
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
President Donald Trump's sweeping tariffs on Wednesday afternoon triggered market chaos. Stocks suffered their worst single-day loss in five years on Thursday. The S&P 500 dropped