Markets could get a lot worse — and quickly
The concern now among bankers and hedge fund managers is that something, somewhere could break
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Trump tariffs could climb even further—to the highest since 1872—before they ease again as a cycle of retaliation and escalation plays out
UBS said the effective US tariff rate could go as high as 30%, up from 25% under Trump’s latest plans.
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Trump advisers say 50-plus countries have reached out for tariff talks with White House
Trump, who spent the weekend in Florida playing golf, posted online that “WE WILL WIN. HANG TOUGH, it won’t be easy.”
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Dow futures sink 1,300 points after Trump defends tariffs as ‘medicine’ to fix trade deficit
“I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump told reporters.
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Global stocks tumble as Trump offers no respite from tariffs
Asian shares fall in wake of worst week for Wall Street equities since pandemic