XPost: alt.business.import-export, alt.fan.rush-limbaugh, talk.politics.guns XPost: sac.politics
Fallout continues after President Donald Trump's unveiling of severe
tariffs against virtually all U.S. trading partners.
Thursday was the worst day for U.S. stock markets since June 2020. China
struck back on Friday, announcing a 34% tariff on American goods as other foreign leaders weigh their response.
Meanwhile, Trump's universal 10% levy against all countries is expected to
go into effect early on Saturday.
Key Headlines
2 hours and 34 minutes ago
Trump reacts to rough market day with all caps post
3 hours and 9 minutes ago
Stephen Miller brushes off recession concerns as markets tumbles
10:41 AM PDT
Schumer calls on Republicans to join tariff limit bill
10:41 AM PDT
London's FTSE 100 index sees biggest daily drop since COVID
9:25 AM PDT
Nintendo delays preorder for Switch 2 because of tariffs
Here's how the news is developing.
2 hours and 34 minutes ago
Trump reacts to rough market day with all caps post
As markets tumbled and fears of recession grew, Trump had no public events
and spent most of it playing golf at the Trump International Golf Club.
Trump arrived at the golf club at 9:45 a.m., according to the pool
traveling with him, and left the club around 3:30 p.m.
However, on Friday afternoon, he posted a five word message in all caps
post on Truth Social.
"ONLY THE WEAK WILL FAIL!"
https://abcnews.go.com/Politics/live-updates/trump-tariffs-live-updates- stellantis-temporarily-layoff-900/?id=120449471
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