Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
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.
Homebuilder Stocks Sink on Worries Trump Tariffs Could Raise Costs
Shares of homebuilders and construction companies lost ground Monday on worries that new tariffs could raise building costs.
Trump Tariff Plan Risks Upending Trade, Stoking Food Inflation
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.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 PushPresident Donald Trump’s plans to impose tariffs on some of the US’s larges
Strong US Dollar May Worsen $54 Billion Exodus From Emerging Asia Stocks
(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
Goolsbee says Trump policies could slow Fed’s rate cutting
(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should proceed more cautiously in lowering borrowing costs amid mounting uncertainty introduced by the Trump administration.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 L
Markets in turmoil as Trump kicks off his trade war
Stocks in the US dropped Monday morning, following European and Asian markets lower as investors digested Trump's tariff announcements.
Mexico’s BBB Founder, Other Holders to Sell Stock After 78% Jump
(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
Canadian Stocks Pare Biggest Intraday Decline Since August
(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
Stocks from automakers to retailers feel pressure from tariff threats
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.