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Dow futures tumble over 800 points on fear Trump's tariffs will spark trade war: Live updates CNBCUS stocks plummet in after-hours trading as experts warn Americans could see higher costs - as it happened The GuardianStock futures plunge as investors digest Trump's tariffs CNNStock market today: S&P 500, Nasdaq, Dow jump as investors brace for Trump's tariff bazo
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The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.
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The Senate passed a resolution Wednesday night that would thwart President Donald Trump's ability to impose tariffs on Canada, delivering him a rare rebuke just hours after the president unveiled sweeping plans to clamp down on international trade.
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The sweeping new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.
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While the announcement of tariffs on foreign-made products came as no surprise, the amounts of the tariffs and the countries they would be imposed on remained a secret.
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Stock market today: Asian markets slip following Trump's announcements of big tariff hikes Yahoo FinanceAsian markets plunge as world reels from Trump tariff announcement - business live The GuardianJapanese markets lead losses in Asia-Pacific after Trump's tariff announcement CNBCS&P 500 Futures Sink as Bonds Jump on US Tariffs: Markets Wrap Bloomberg
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