Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war
NEW YORK — Wall Street’s sell-off hit a new low Thursday after President Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.
Stocks fall as Trump’s trade war overshadows good news
Trump’s latest escalation came Thursday when he threatened 200% tariffs on Champagne and other European wines, unless the European Union rolls back a “nasty” tariff announced on U.S. whiskey. The European Union unveiled that move on Wednesday, in response to U.S. tariffs on European steel and aluminum.
Wall Street falls as Trump's trade war overshadows good news on the economy
Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street's bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol.
Trump’s trade war, rhetoric puts his ambassador picks in tough spot
Worsening relations with three of the United States’ biggest trading partners dominated a Senate hearing for the would-be U.S. ambassadors to Canada, Mexico and Japan.
Trump's trade war is 'wake-up call' for Europe, Lagarde says
A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday.
‘Big mad’: Trump is ‘emotional’ and ‘annoyed’ over trade war he started
The President of the United States—the man with the nuclear codes—is angry and emotional and acting, frankly, erratically. And that is not my judgment. It is basically what his own Cabinet defenders are saying,
Trump has begun another trade war. Here's a timeline of how we got here
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty
Trump's trade war is stirring up booze battles
European wine, Kentucky bourbon, French Champagne, and other alcoholic beverages could be subject to tariffs if EU and US tariffs materialize.
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