tariffs

US stocks open sharply lower on Trump tariffs

This is Beirut, 03/02 18:00 - Reading : 1 minute(s)

Donald Trump Washington Canada Stocks 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 ...

ECB Senior Official Deems Trade War With US Very Probable

This is Beirut, 19/01 14:55 - Reading : 2 minute(s)

Donald Trump Trade war Europe Tariffs

A trade war with the United States “is very likely” under the presidency of Donald Trump, with negative consequences for activity and prices, warned a senior official of the European Central Bank (ECB) on Sunday. Tariffs have played “a central role in the communication of Donald Trump," who will be inaugurated president on ...

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