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The president's aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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The Chinese government said it would match President Trump's tariff, and also barred a group of American companies from doing business in China.
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Dow futures fall after tariffs push market to biggest losses since 2020: Live updates CNBCTrump's self-inflicted tariff crisis sparks confusion, chaos and questions of competence CNNStock market today: Dow, S&P 500, Nasdaq futures slip as shaken Wall Street faces Trump tariff fallout Yahoo FinanceS&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
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Trump contradicts aides, talking points on purpose of global tariffs The Washington PostMajor US stocks see biggest losses since 2020 after Trump's tariffs announcement BBCTrump Says US Has 'Great Power to Negotiate' With China on TikTok Sale Business InsiderS&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump The New York TimesStock market today: Dow plunges 1,700 points, Nasdaq, S&P 500 pummeled in biggest rout since 2020
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Thursday briefing: What Israel's new move to seize ‘large areas' of Gaza means for the conflict The GuardianNetanyahu says Israel is now dividing up Gaza. What does that mean on the ground? CNNIsraeli Army Moves Into North Gaza to Increase Pressure on Hamas Bloomberg.comThe Tank Commander Now Running Israel's Military Sees a Year of War WSJ
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Trump tariffs sow fears of trade wars, recession and a $2,300 iPhone Reuters
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The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump's higher-than-expected tariffs set off another round of economic worry.
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