Donald Trump, European Union and tariffs
Digest more
President Donald Trump opened his remarks alongside NATO Secretary-General Mark Rutte in the Oval Office on Monday by threatening "severe tariffs" against Russia. "We're very, very unhappy with them," Trump said of Russia. "And we're going to be doing very severe tariffs if we don't have a deal in 50 days."
The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.
The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
President Donald Trump posted on Truth Social that his tariff letters "and/or deals" will be delivered to "various countries from around the world," on Monday, starting at 12 p.m ET. Currently, it is unknown which nations will be receiving the letter and/or deal.
President Donald Trump enacted sweeping tariff measures on the vast majority of U.S. trade partners earlier this year.
United States stock indexes hung near their records on Monday following President Donald Trump's latest updates to his tariffs, as speculation continues on Wall Street that he may ultimately back down on them.
President Donald Trump on Wednesday levied a 50% tariff against Brazil, which produces more than a third of the world's coffee, citing, in part, the country's treatment of former President Jair Bolsonaro,
4don MSN
President Donald Trump on Monday threatened Russia with steep tariffs and announced a rejuvenated pipeline for American weapons to reach Ukraine
The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
Stocktwits on MSN1d
Consumer Sentiment Continues To Rise In July Despite Trump’s Tariff War EscalationConsumers in early July continued to be less pessimistic about economic conditions, even as President Donald Trump escalated the tariff war after the July 9 deadline passed. According to the University of Michigan survey released on Friday,
Feedback