• Apr 03, 2025

Mexico celebrates dodging latest US tariffs but feels the effects of global economic uncertainty

Mexico celebrated Thursday having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided. President Claudia Sheinbaum said the free-trade agreement signed by Mexico, Canada and the U.S. during Trump’s first administration had shielded Mexico. Now her government will focus on the existing 25% U.S. tariffs on imported autos, steel and aluminum, while accelerating domestic production to safeguard jobs and reduce imports.

• Apr 03, 2025

Trump Tariffs Raise Inflation and Recession Risks

President Donald Trump's harsher-than-expected global tariffs sent economists scrambling to revise their economic estimates. They project the U.S. economy faces higher inflation, slower growth, and greater recession risks.

• Apr 03, 2025

Why Nike (NKE) Stock Is Down Today

Shares of athletic apparel brand Nike (NYSE:NKE) fell 15% in the pre-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

• Apr 03, 2025

Bitcoin, broader crypto market slump as Trump unveils unprecedented tariff package

The sprawling list of levies targets dozens of countries ranging from China to Madagascar.

• Apr 03, 2025

Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses as U.S. financial markets closed with their biggest one-day drop since COVID-19 flattened the global economy five years ago. Banks, retailers, clothing, airlines and technology companies were among the hardest hit, with consumers expected to cut spending if tariffs lead to higher prices for goods and services.

• Apr 03, 2025

Why Apple (AAPL) Stock Is Trading Lower Today

Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 9.1% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

• Apr 03, 2025

Skechers (SKX) Stock Trades Down, Here Is Why

Shares of footwear company Skechers (NYSE:SKX) fell 21.3% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

• Apr 03, 2025

PagerDuty (PD) and Uber (UBER), DoorDash (DASH), GameStop (GME), LiveRamp (RAMP) Stocks Trade Down, What You Need To Know

A number of stocks fell in the after-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

• Apr 03, 2025

Why Gap (GAP) Stock Is Down Today

Shares of clothing and accessories retailer Gap (NYSE:GAP) fell 22.2% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.

• Apr 03, 2025

Sportsman's Warehouse (SPWH) and Olo (OLO), Howmet (HWM), Udemy (UDMY) Stocks Trade Down, What You Need To Know

A number of stocks fell in the pre-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%. Markets reacted negatively to the announcement, reflecting deep concerns among investors about the broader economic implications. The tariffs were likely seen as a significant threat to global trade flows, with the potential to slow economic growth, drive up consumer prices, and spark retaliatory measures.