U.S. stocks lose $6.6 trillion in two days amid trade war fears, recession risks
U.S. stocks suffered their worst two-day decline on record, erasing $6.6 trillion in market value Thursday and Friday as investors reacted to escalating trade tensions and growing fears of a recession.Since Jan. 17, the Friday before President Donald Trump was sworn in for his second term, roughly $11.1 trillion has…
China’s Shocking Tariffs Spark Global Trade War Fears
China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout.In the standoff between the world's top two economies, Beijing also announced controls on…
China’s Shocking Tariffs Spark Global Trade War Fears
China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout.In the standoff between the world's top two economies, Beijing also announced controls on…
Stocks plummet as China tariffs spark trade war fears
Stocks plummeted again Friday after China announced new tariffs on U.S. goods, intensifying fears that President Donald Trump’s trade policies could trigger a global trade war and economic downturn.The Dow Jones Industrial Average dropped more than 1,500 points, or 4%, following a 1,679-point decline Thursday. The S&P 500 fell 5%…
