Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets’ chief analyst This “marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a
Some of President Trump’s prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling
Some of President Trump’s prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling
US stock futures rose as Wall Street braced for President Trump’s announcement of new tariffs that stand to remake the global trade order. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) rose 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) jumped 0.3%. CBOT – Delayed Quote •