Auto stocks slide after Trump fires first salvo in trade battle
Share prices for car makers including Toyota, Nissan, Honda and Volkswagen fell after Donald Trump announced tariffs on Canada, Mexico, and China.
Share prices for car makers including Toyota, Nissan, Honda and Volkswagen fell after Donald Trump announced tariffs on Canada, Mexico, and China.
Shares of homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs.
(Bloomberg) -- Donald Trump’s tariffs salvo means a resurgent dollar is likely to become an even bigger overhang for Asian stocks, as it erodes the room for interest-rate cuts in a region that has seen economic growth slow.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHistor
Stocks in the US dropped Monday morning, following European and Asian markets lower as investors digested Trump's tariff announcements.
(Bloomberg) -- Shareholders of Mexican discount retailer BBB Foods Inc., including its founder, are planning to unload stock a year after it went public. Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHistoric London Elevator Faces Last Stop in Labour’s Housing PushBolton Par
(Bloomberg) -- Canada’s benchmark stock index pared its decline on Monday, after tumbling the most since August at one point after US President Donald Trump said over the weekend that he would impose tariffs on Canada, Mexico and China starting Tuesday. Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Lo
Companies in a wide range of industries saw their stocks come under pressure Monday on Wall Street because of tariff threats from President Donald Trump. Automakers, technology companies and retailers all fell as the U.S., Mexico, Canada and China wrangled over tariffs. Trump said over the weekend that 25% tariffs on imports from Canada and Mexico would go into effect Tuesday, though he has given the nations a 30-day reprieve.
(Bloomberg) -- Wall Street traders trying to catch up on every new headline around President Donald Trump’s tariff negotiations were faced with a renewed bout of volatility across asset classes.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityState Farm Seeks Emergency California Rate Hike After LA FiresWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHistoric London Elevator Faces Last
U.S. President Donald Trump's willingness to calibrate economic policies based on market signals will be key for U.S. inflation and growth prospects, PIMCO's Chief Investment Officer Dan Ivascyn said on Monday, after tariffs on U.S. trade partners roiled markets. Investors on Monday scrambled to make sense of escalating trade tensions after Trump announced broad tariffs on Mexico, Canada, and China over the weekend.
The S&P 500 fell 0.8% on Monday, Feb. 3, as investors reacted to tariffs on major U.S. trading partners while awaiting key earnings and labor market data.