archivetariffs

Currencies

Dollar rattled by growth fears as Trump ramps up tariff war

Alden Bentley, Harry Robertson and Ankur Banerjee  |  ReutersTrump doubles tariffs on China; China retaliates with tariffs on US goodsUnited States President Donald Trump doubled the tariff on Chinese imports, bringing that rate to 20%. China retaliated by announcing 15% tariffs on various imports from the US.Fox - SeattleThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from new levies on Canada, China and Mexico.President Donald Trump's 25% tariffs on goods from Canada and Mexico took effect Tuesday, along with a doubling of duties on Chinese goods to 20%.In response, China said it will...
Stock Market

Tariffs — What’s The End Goal And How Will The Stock Market React?

WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President ... Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)Getty Images Background: A Historical Shift In U.S. Trade Policy U.S....
Stock Market

This 10.6% Bond Dividend Is The Cure For A Shaky Stock Market

Bonds the word on wooden cubesgetty Here’s where I see stocks now: Yes, we’ve got some legitimate concerns as some economic warning signs appear—and run up against the tech-driven optimism that’s powered stocks to lofty heights. The result? Volatility. So today we’re going to look at a couple quick moves we can make to both protect ourselves and tap into the bargain income opportunities—including a 10.6%-paying closed-end fund (CEF)—that times like this always turn up. For that, we’re really talking about two things. First up, we’re going to add income...
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