U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting.
The initial 10 per cent "baseline" tariff took effect at US seaports, airports and customs warehouses at 12.01 am ET (0401 GMT), ushering in Mr Trump's full rejection of the Second World War system of ...
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"THIS IS A GREAT TIME TO GET RICH," Trump wrote from Mar-a-Lago as Wall Street continues to panic over his tariffs.
The S&P 500 plummeted 6% Friday, the Dow Jones Industrial Average plunged 5.5% and the Nasdaq composite dropped 5.8%.
With financial markets roiling as President Donald Trump unveiled his latest tariffs this week, the economy has been top of ...