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Steel Stocks Soar as Trump Announces New Tariffs, But Economic Fallout Looms

Steel Stocks Soar as Trump Announces New Tariffs, But Economic Fallout Looms

by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market

In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
Markets Slide as Trump Mulls “National Economic Emergency” and Tariff Threats

Markets Slide as Trump Mulls “National Economic Emergency” and Tariff Threats

by Elvis Guaman | Jan 8, 2025 | Economics, Investing News, Market News, Stock Market

U.S. markets opened on Wednesday in the red as investors reacted to a new economic proposal from President-elect Donald Trump. Reports emerged that Trump might declare a “national economic emergency” to enable a more aggressive approach to import tariffs....
Corporations Voice Concerns Over Trump’s Tariff Agenda and Potential Impact on Inflation

Corporations Voice Concerns Over Trump’s Tariff Agenda and Potential Impact on Inflation

by Sun Yulin | Nov 19, 2024 | Breaking News, Domestic, Economics, Politics, Products, Retail

As President-elect Donald Trump prepares to take office in January, his vow to impose heavy tariffs on imports has raised significant concerns among corporate leaders and economists alike. With Trump making tariffs a central pillar of his economic agenda, many...

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LATEST

Gold Stocks Surge as Investors Seek Safety Amid Trade War Fears

by Suzeline Michel | Apr 11, 2025

old stocks climbed sharply Friday...

Intel Corporation (INTC) Stock Falls 7.5% Amid CEO Change and Shift to AI

by Leland Li | Apr 8, 2025

Intel Corporation (NASDAQ: INTC) saw...

US Stocks Plunge as Trump’s “Liberation Day” Tariffs Spark Global Sell-Off

by Ming Mui | Apr 3, 2025

US stocks took a massive hit on...

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