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However, China isn’t backing down and is unwilling to negotiate with Trump to have the tariff removed.
From Markets Insider
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but a trade war with China has escalated.
From BBC
U.S. stock index futures fell on Friday after China increased its tariffs on U.S. imports to 125%, escalating a trade war that could disrupt global trade and trigger an economic downturn.
From Reuters
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Stocks took a leg higher Friday afternoon on comments from the White House that President Donald Trump is “optimistic” China will seek a deal with the U.S.
U.S. stocks closed sharply higher on Friday, marking the end of a wild week that saw the S&P 500 post massive swings as tariff uncertainty kept market volatility elevated. The Dow Jones Industrial Average jumped more than 600 points Friday to close 1.
The U.S. stock market remained volatile Thursday despite the 90-day reprieve on many of President Donald Trump's "Liberation Day" tariffs, despite a brief midday run up.
The stock market mounted one of its biggest rallies in history after President Donald Trump announced a pause in some of his "reciprocal" tariffs on the globe, causing a market that has been under extreme pressure for the past week to explode higher.
U.S. stock futures got a boost ahead of the opening bell on Friday after the latest reading on wholesale prices showed a sharp drop in March, largely due to cheaper oil. Headline PPI decreased 0.4% in March,
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Stocks skyrocketed Wednesday after President Donald Trump announced a 90-day pause on many of the wide-ranging tariffs that had been imposed just hours earlier.
US stocks saw strong gains slip away and end lower. Reciprocal tariffs, as is, are set for just after midnight, dampening optimism for lower levies,
Following the Company's 2025 Annual Meeting of Stockholders, the Board of Directors declared a quarterly dividend of 70 cents per share, payable June 13, 2025, to shareholders of
Stock futures moved higher in volatile trading Friday after yesterday's steep downturn, as investors react to the latest developments in a trade war with China, earnings reports from major U.S. banks and encouraging inflation data.
Tuesday morning's tariff recovery appeared to be little more than a dead cat bounce, as the Dow fell nearly 2,000 points from its morning high.