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Trump, market and Wall Street

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Roughly $2 trillion was erased from the S&P 500 Index on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.
From Yahoo
President Trump confirmed the implementation of tariffs on imported cars and light-duty trucks.
From USA Today
Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer.
From U.S. News & World Report

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'The market's gonna boom,' says Trump as Wall Street tumbles over tariffs
The S&P 500 was down 3.4% and the Dow Jones Industrial Average was down more than 1,100 points or 2.6% at 12:40 p.m.
What Trump's trillion-dollar tariff wall around U.S. means for market, far beyond Apple and Nike
Between new and existing tariffs added by the Trump administration this year, a near-$1 trillion trade wall has been built around the U.S. Companies across the economy, which pay the tariffs, will be shelling out between $1 billion-$2 billion per day.
Trump insists 'everything is going well' as stock market plunges over tariffs
Roughly $2 trillion was erased from the S&P 500 Index on Thursday amid worries that President Donald Trump’s sweeping new round of tariffs could plunge the economy into a recession.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseWhat Would ‘Transportation Abun Fundstrat’s head of research Tom Lee tells why President Trump is banking on a rally for stocks and won’t stand in the way.
Auto tariffs go into effect at midnight, Trump reiterates
The president said he would go ahead with auto tariffs industry officials say could decimate Michigan's signature industry, as well as other taxes.
The Latest: Trump set to announce new tariffs in what he calls ‘Liberation Day’
After weeks of White House hype and public anxiety, President Donald Trump is set to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike
Answering Your Questions About President Trump's Reciprocal Tariffs
After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and hig
The Latest: Key US Trading Partners and Global Officials React to Trump's New Tariffs
Sweeping new tariffs announced by President Donald Trump have provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer
Sweeping Trump tariffs shock global economy, draw calls for talks
U.S. President Donald Trump's sweeping new tariffs shocked governments and investors, provoking dismay, threats of retaliation and calls for negotiations to rescind the stiff new import taxes imposed on goods from countries around the world.
Trump Unveils Global Reciprocal Tariffs
President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. Following are highlights of Trump's remarks: * "In many cases, the friend is worse than the foe in terms of trade,
Spirits, Swiss Watches, Sneakers: Global Stock-Market Winners and Losers from Tariffs
Here are some notable moves across sectors in global markets, following President Trump’s “Liberation Day” tariffs. 🍾 Alcoholic drinks Some investors turned to drink: Scotch producer Diageo and Aperol maker Campari were among the few risers in Europe.
The Stock Market Pain Is Just Getting Started. ‘This is How You Sabotage the World’s Economic Engine.’
The stock market plunged after President Donald Trump made his tariff announcement. To state the obvious, it was worse than investors feared, and now they need to figure out what it means for stocks over the rest of 2025.
Mag 7 relinquishes more than $800 billion as tech drives stock market nosedive
As a whole, Magnificent Seven stocks were on pace to drop more than $800 billion in market cap. That reflects how tech stocks have led the broader market amid Thursday's steep sell-off. The Magnificent Seven stocks collectively lost more than $800 billion in Thursday trading,
Trump’s Second Term Brings Worst Stock Market Start Since 2001
The US stock market is down almost 10% since President Donald Trump’s inauguration, marking the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff.
Stock market plunges at open on Trump's tariffs. Dow sheds 1,100 pts, S&P 500 down 200 pts
US stocks open sharply down. Trump surprises with tariff plan that could mean trade war. Dow loses 1,100 pts. S&P 500 headed for worst day in 2 years.
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Texas Republicans grapple with Trump's tariffs as stock market drops
Some Texas Republicans cheered on President Donald Trump, while others stayed quiet on the sweeping new tariffs.
The stock market is tanking on tariffs, but Walmart and Costco shares are relatively unscathed. Here’s why
Recently, according to a Bloomberg story this week, Walmart recently got into trouble with Chinese authorities for pressuring its suppliers there to suck up the price of the tarif
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