Trump, tariffs and Stock
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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.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
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Stocks and oil gain as traders shrug off Trump's tariff newsBy Elizabeth Howcroft PARIS (Reuters) -European stocks rose on Wednesday as traders seemed untroubled by U.S. President Donald Trump's announcement that he would impose a 50% tariff on imported copper and soon introduce levies of up to 200% for pharmaceuticals.