Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

struggle4progress

(123,084 posts)
Sat Apr 5, 2025, 09:03 AM Apr 5

Tariffs rollout and stock market mayhem [View all]

Published Sat, Apr 5 20258:27 AM EDTUpdated 26 Min Ago
Jeff Cox

Before Wednesday, President Donald Trump’s tariffs were expected to be a problem for markets and the economy, but a manageable one ...

What happened instead is something worse than the worst-case scenario, which previously had been one where the U.S. would slap true “reciprocal” duties on its trading partners that would match tariffs charged to American exports ...

If Trump was playing chicken with the rest of the world, he lost round one ...

Markets recoiled at the developments, sending stocks into a vicious two-day sell-off that put the Nasdaq Composite, home to powerhouse Silicon Valley names that Trump has been courting in the early days of his second term, into a bear market ...

https://www.cnbc.com/2025/04/05/how-trumps-tariffs-rollout-turned-into-stock-market-mayhem.html

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Tariffs rollout and stock...