
Articles
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1 week ago |
channel3000.com | David Goldman |John Towfighi |Alicia Wallace
New York (CNN) — Stocks were mixed Thursday after a federal court ruled late Wednesday that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy. Investors initially cheered, but not overwhelmingly — and a morning rally lost steam on Thursday as investors assessed the potential outcome for Trump’s tariffs.
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1 week ago |
aol.com | Ramishah Maruf |David Goldman
A federal court on Wednesday ruled that President Donald Trump overstepped his authority to impose sweeping tariffs that have raised the cost of imports for everyone from giant businesses to everyday Americans. But the administration immediately appealed the decision on Wednesday night, leaving the situation uncertain for consumers and companies and potentially prolonging the battle over whether Trump’s import duties will stand – and possibly reshape the global economy.
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1 week ago |
kimt.com | Ramishah Maruf |David Goldman
New York (CNN) — A federal court on Wednesday ruled that President Donald Trump overstepped his authority to impose sweeping tariffs that have raised the cost of imports for everyone from giant businesses to everyday Americans. But the administration immediately appealed the decision on Wednesday night, leaving the situation uncertain for consumers and companies and potentially prolonging the battle over whether Trump’s import duties will stand – and possibly reshape the global economy.
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1 week ago |
channel3000.com | David Goldman |John Towfighi
New York (CNN) — Rinse, repeat. Stocks rose Tuesday after President Donald Trump did a 180-degree turn on his threat to place a massive 50% tariff on goods imported from the European Union. The Dow closed higher by 741 points, or 1.78%. The broader S&P 500 rose 2.05% and the tech-heavy Nasdaq Composite gained 2.47%. The S&P 500 snapped a four-day losing streak. The three major indexes each posted their biggest single-day gain in two weeks.
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2 weeks ago |
channel3000.com | David Goldman |Clare Duffy
(CNN) — President Donald Trump on Friday demanded Apple and other smartphone makers like Samsung make their phones in the United States or face a 25% tariff. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,” Trump posted Friday morning on Truth Social.
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