Order byBest matchMost fresh

Trump's new tariffs put Fed on the spot

Digest more
Top News
Overview
Future outlook
CNBC |
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
Reuters |
Trump on Wednesday imposed a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries.
Reuters |
Some economists already were seeing the economy moving in that direction and were cutting forecasts for U.S. growth, if not worse.

Read more on News Digest

The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon
Should the president hold fast to his tougher-than-expected trade policy, there's a material risk of at least near-term costs.
What Do Trump's Tariffs Mean For the Federal Reserve's Fight Against Inflation?
Key Takeaways Economists say President Donald Trump's Wednesday announcement of broad-based tariffs on trading partners worldwide will likely push up inflation and increase the chances of a recession.
Trump's new tariffs put the Federal Reserve on the spot over interest rates — with stagflation looming
President Donald Trump’s new tariffs create a dilemma for the Federal Reserve because they’re likely to both increase inflation and slow economic growth — and possibly lead to stagflation.
Morgan Stanley expects no rate cuts from the Fed this year
Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.
Traders Dial Up Bets on Rate Cuts
President Trump’s trade war has traders scaling up their bets on interest-rate cuts. Federal-fund futures now show that traders see a 59% chance that the Federal Reserve will cut rates by at least a percentage-point this year,
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook.
Treasury yields slide as Trump's tariffs raise concerns of a trade war
U.S. Treasury yields were lower on Thursday after U.S. President Donald Trump’s aggressive “reciprocal tariff” policy announcement.
Traders Boost Odds of Fed Rate Cuts
The odds of a rate cut from the Federal Reserve in May are rising as traders consider the impact of President Donald Trump's tariffs on the economy. The probability of a quarter-point rate cut in May increased to 23% from 11% yesterday before the announcement.

Trump, Wall Street and tariff

Digest more
Top News
Impacts
Reuters |
Investors fled from risky assets, seeking the safety of government bonds, after Trump slapped a 10% tariff on most U.S. imports and much higher levies on dozens of other countries.
The Boston Globe |
The S&P 500 was down 4.2% in afternoon trading, more than other major stock markets, and at its bottom in the morning was on track for its worst day since COVID struck in 2020.

Read more on News Digest

Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
S&P 500 companies lost a combined $2.4 trillion in stock market value in Thursday's selloff, their biggest one-day loss since the pandemic sent global markets into a tailspin on March 16, 2020.
Trump Tariffs: What Wall Street’s Wild Ride Means for Your Wallet
The Trump administration’s sweeping “Liberation Day” tariffs have rattled Wall Street. The S&P 500 plummeted 4.8 percent for its worst day since the pandemic crashed the market in 2020, while the Dow dropped 4 percent and Nasdaq sank 6 percent.
Trump’s tariffs ignite steepest Wall Street sell-off since 2020 Covid crisis
Wall Street stocks sustained heavy losses, with the S&P 500 and Nasdaq Composite plunging by 4.8 per cent and 6 per cent respectively, hours after Trump announced the highest US tariffs for over a century. It was the worst day since the 2020 coronavirus crisis for both benchmarks.
Dow drops 1,300 as US stocks lead worldwide sell-off after Trump’s tariffs ignite a COVID-like shock
Financial markets around the world are reeling following President Trump’s latest and most severe volley of tariffs, and the US stock market is taking the worst of it so far.
Investors stunned by Trump tariffs prepare for global growth shock
Big investors reeling from the shock of U.S. President Donald Trump's hefty new tariffs are pulling out their global recession playbooks and rushing to diversify away from battered Wall Street stocks and the dollar.
Investors brace for sweeping Trump tariff announcement
Investors braced themselves for Donald Trump to unveil sweeping tariffs on US trading partners on Wednesday in a move that threatens to ignite a full-blown trade war. Trading on W
Wall Street Trading Desks Stunned by Once-a-Century Tariff Shock
All across the world, as sell orders lit up screens on trading floors from Tokyo to London and New York, a sobering reality took hold: Donald Trump is serious about upending the global trading system — and it appears,
Wall Street goes on wild ride before lurching into green ahead of ‘Liberation Day’
The uncertainty over the tariff policy is more of a problem for markets than the tariffs themselves,” one financial expert told The Post on Monday.
President Donald Trump Appears Set to Extend a 112-Year Streak -- Will Wall Street Pay the Price?
During President Trump's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite respectively soared by 57%, 70%, and 142%. Investors are hoping another round of corporate income tax cuts, coupled with deregulation, will lead to an encore performance for the stock market.
Wall Street firms see recession risk rising over tariffs, trade war
Wall Street firms are warning that the risk of the U.S. economy falling into a recession are rising as President Trump's tariff plans could lead to an escalation of the trade war.
Feedback