Asian markets experienced a dramatic surge on Thursday, rebounding sharply after President Donald Trump announced a 90-day pause on tariffs for many countries, offering a temporary respite from weeks of trade-induced volatility.
Officials noted it could get difficult to differentiate between “relatively persistent changes in inflation and more temporary changes” associated with tariffs.
Major figures react to Trump's 90-day pause on aggressive tariff plan. Ackman praises execution, Dalio hopes for RMB appreciation, while Cuban criticizes strategy.
Several Wall Street analysts cut their price targets for Apple’s stock factoring in the negative impact of tariffs on the company’s top- and bottom-line.
A wave of green swept across the meme coin market on Wednesday as President Donald Trump's 90-day reciprocal tariff pause sent top tokens in the sector soaring.
There's one more twist in the neverending saga of United States Steel Corp. (NYSE: X) and its acquisition by Japan's Nippon Steel Corp. which has been in the works since 2023.
CEO Stephen Brady emphasized the company's strong data and regulatory momentum, pointing to Phase 2 results for amezalpat in advanced liver cancer and FDA clearance for a pivotal Phase 3 study.
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Entities tied to President Donald Trump surged on Wednesday, boosting his personal fortune, after he announced a surprise 90-day pause on reciprocal tariffs.
The U.S. and Vietnam have launched trade negotiations after President Trump paused a 46% tariff on Vietnamese exports, which could strengthen Vietnam's role as a tech manufacturing hub for companies like Apple, Nvidia, Intel, and Google.
Jason Furman, who served as Chairman of the Council of Economic Advisers under 44th President Barack Obama from 2013 to 2017, warned that U.S. tariffs have reached their highest levels in over a century and could prove more inflationary than initially anticipated, just as markets speculate about potential Federal Reserve interest rate decisions.
Ignoring the market’s manic reaction, the baseline economic impact here is still damaging at worst and significantly uncertain for 90 days at best. So, we still have no idea what’s happening with tariffs, which is the worst part about all of this.
The tariff game of U.S. President Donald Trump has resulted in a tailspin in the stock market globally. The S&P 500 Index closed below 5,000 points for the first time in almost a year and shed $5.83 trillion in market value.
Wall Street experienced a significant upswing today, driven by a surprising announcement from President Donald Trump regarding a temporary pause on tariffs for certain countries.
