US Trade Deficit Hits Record $140.5B as Trump Tariffs Loom
The US trade deficit surged 14% to an unprecedented $140.5 billion in March 2024, driven by businesses rushing to boost imports ahead of new Chinese tariffs. The widening gap contributed to negative GDP growth, subtracting a record 4.83 percentage points in Q1.
Market Rebounds After Trump Trade War Shock: S&P 500 Makes Full Recovery
The U.S. stock market demonstrated remarkable resilience by fully recovering from a 12% plunge triggered by Trump's surprise trade war escalation. A 90-day tariff pause, strong economic indicators, and robust corporate earnings helped drive the S&P 500 back to pre-announcement levels.
Bezos to Divest $4.75B in Amazon Shares Amid Trade Tariff Concerns
Amazon founder Jeff Bezos plans to sell 25 million shares worth $4.75 billion by 2026, following his $13.4B stock sale in 2024. The announcement comes as Amazon faces uncertainty over potential Trump trade tariffs on Chinese imports despite strong Q1 earnings.
Wall Street's Trump Miscalculation: The $5 Trillion Reality Check
Wall Street's cozy relationship with Donald Trump imploded after his surprise tariff announcement wiped $5 trillion from markets. Financial elites are now grappling with diminished influence as Trump prioritizes his populist base over Wall Street interests.
Trade War Tensions Create Hidden Risks for Individual Stocks Amid Tariff Talks
As U.S. tariff negotiations with global partners continue without clear resolutions, individual stocks face unexpected vulnerabilities and market swings. Recent events like Nvidia's $5.5 billion charge highlight how trade uncertainties can impact companies across various sectors, while global investors appear to be reducing U.S. asset holdings.
Markets Rally as Trump Softens Stance on Fed Chair and China Trade
U.S. stocks surged after President Trump eased tensions by backing off criticism of Fed Chairman Powell and suggesting lower Chinese tariffs. The positive sentiment drove major indexes higher, with tech stocks leading gains as Nvidia and other AI-related companies saw significant increases.
Markets Plunge as Trump Criticizes Fed Chair Amid Trade Tensions
Former President Trump's attacks on Federal Reserve Chairman Powell and escalating global trade tensions triggered a sharp market selloff. The Dow dropped over 1,000 points while tech stocks faced steep declines amid concerns over Fed independence and tariff impacts.
The $70 Million Trade: Insider Information Suspected in Record-Breaking Market Move
A mysterious trader turned $2.5 million into $70 million in under an hour through perfectly-timed options trades before market-moving Trump news. The suspicious timing and unprecedented profits have sparked calls for increased scrutiny of zero-day options trading and market information flows.
Trump Ally Warns of Economic Catastrophe Over Sweeping New Tariff Policy
Billionaire Bill Ackman and other prominent business leaders caution that Trump's aggressive new tariff plan could trigger severe economic fallout. The policy imposes duties up to 50% on global imports, sparking market turmoil and threats of retaliation from trading partners.
Markets Plunge as Trump Stands Firm on Trade War with China
Wall Street faced its worst decline since 2020 as Trump doubled down on tariff policies against China, sending the S&P 500 near bear market territory. The President remained unmoved by market turbulence while global stocks tumbled and U.S. companies with Chinese exposure suffered significant losses.