Stocks

Stock markets skid after Trump threatens auto tariffs

  Global stock markets mostly fell Wednesday after US President Donald Trump broadened his tariff threats, stoking wider trade war fears. Trump warned the previous day that he would impose tariffs "in the neighbourhood of 25 percent" on auto imports and a similar amount or higher on semiconductors and pharmaceuticals. "Understandably this has ...

US stocks open sharply lower on Trump tariffs

Wall Street stocks opened sharply lower Monday, joining most international equity bourses in falling after US President Donald Trump launched trade wars against Canada, Mexico and China. The tariffs, if maintained, are expected to prolong or worsen inflationary pressures, hitting growth. About 25 minutes into trading, the Dow Jones industrial ...

Stocks enjoy 'Trump bump', but oil slumps

Global stock markets climbed on Tuesday as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy. Oil prices slumped however on the prospect of more drilling in the United States, while the dollar lost much of its initial gains. Wall Street's major indices rose at the ...