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TOKYO - Japan is "deeply concerned" about global economic fallout from US President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday (April 17) in the government's strongest warning yet as the two nations began trade talks. In an interview with Reuters in Tokyo hours after the talks began in Washington, Kato also voiced concern over recent volatile market moves triggered by Trump's tariff announcements, saying they could hurt Japan's economic recovery. "The recent US tariff measures affect various industries and heighten uncertainty. We're deeply concerned they could affect...

US dollars and Treasurys are selling off as President Donald Trump's trade war increases risk for American assets.Investors are uneasy about Trump's policy changes and moving their money from US assets to classic safe havens.The euro has hit a three-year high against the dollar, benefiting from the 'Sell America' trend.Dollar and Treasurys are selling off on Friday as President Donald Trump's trade war ratchets up the risk for American assets.The US Dollar Index — which measures the greenback against a basket of major currencies — fell below the key 100...

President Donald Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.U.S. markets reacted favorably, surging higher in afternoon trading. The Dow gained nearly 3,000 points and the S&P 500 rose 474. The Nasdaq rose more than 1,800.Trump's decision is the latest is a series of market-wrenching moves that have taken place since the president announced a series of tariffs on April 2. Stock market declines and a...

Keeping a cool head can be pivotal amid market turmoilPresident Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.Have you checked your 401k balance since President Donald Trump announced widespread tariffs last week on what he called “Liberation Day”?Chances are, it’s down — maybe way down.The markets have lost more than $11 trillion since Trump’s inauguration and more than half of that happened on Thursday and Friday, according to global investment research company...

President Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.The mass tariffs President Donald Trump announced last week sent the stock market tumbling.The S&P 500 and Nasdaq are now in a bear market.Economist and financial institutions are even more concerned about the possibility of a recession in the U.S.President Donald Trump's mass tariffs have sent the stock market tumbling in recent days and has sparked vocal concerns from economists and financial institutions over...

President Donald Trump’s sweeping tariffs on dozens of foreign trading partners have unleashed a rapid response abroad, as Europeans leaders urged negotiations while pondering retaliatory measures Thursday. Trump spoke of such negotiation requests in his Wednesday speech as he previewed the tariffs, saying, “To all of the foreign presidents, prime ministers, kings, queens, ambassadors, and everyone else who will soon be calling to ask for exemptions from these tariffs I say: Terminate your own tariffs, drop your barriers, don’t manipulate your currencies.” Donald Trump's message to Keir Starmer,"To all of...

NEW YORK — Wall Street shuddered, and a level of shock unseen since the outbreak of COVID-19 tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own.The S&P 500 sank 4.8%, more than in major markets across Asia and Europe, for its worst day since the pandemic crashed the economy in 2020. The Dow Jones Industrial Average dropped 1,679 points, or 4%, and the Nasdaq composite tumbled 6%.Related:D-FW Fortune 500s lose $49 billion...

Macron's comments are seen as an attempt to dissuade French tycoons from cozying up to Trump, potentially to try to cut private deals, outside regular EU trade policy. Earlier this month Trump announced that French shipping giant CMA CGM intended to invest €20 billion in the U.S. In January, meanwhile, Bernard Arnault, the head of luxury goods giant LVMH, said he was considering increasing investment in the U.S. and lauded Trump's economic policy. On Wednesday the Trump administration slapped the EU with 20 percent tariffs on all exports to the...

President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...

India said on Thursday it was studying the impact of the 27% tariff slapped by the US on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump’s trade policy. New Delhi’s response came hours after Trump announced the drastic tariffs that piled more stress on an ailing global economy and sent world stock markets and oil prices tumbling.While Trump said Indian goods will face a 26% tariff, the White House executive order put the...