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Why Wall Street Panicked Over Tariffs
"Since 1934, the United States has reduced or eliminated many tariffs as part of bilateral and multilateral trade agreements. By supporting the creation of the GATT and the WTO, the U.S. Congress sought to reduce tariff rates globally within a rules-based trading system. Roughly 70% of all products enter the United States duty free ."
“It’s a wild time,” Mike Loukas, CEO of TrueMark Investments, told ABC News. The volatility poses a challenge for market ...
The Wall Street Journal issued a scathing assessment of President Donald Trump’s ever-shifting trade policy, warning that ...
Even hedge funds weren’t prepared for the gyrations in stocks, Treasurys and currencies.
U.S. stocks drifted through a rare quiet day for financial markets worldwide. The S&P 500 slipped 0.2% Tuesday.
U.S. stocks ended higher on Monday, with Apple giving the S&P 500 its biggest boost as the White House exempted smartphones ...
Stocks drifted early Tuesday as investors look for more details on where tariffs stand for autos and tech products after ...
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