Live updates: Trump announces sweeping tariffs
Live updates: Trump announces sweeping tariffs
apnews.com Trump's tariffs send shivers across world markets as economists warn of recession risk
The U.S. president's move has provoked dismay and calls for further negotiations to make trade rules fairer.
Among the reciprocal tariff levels Trump announced:
China: 34%
European Union: 20%
South Korea: 25%
India: 26%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
Rest of the world: 10%
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Holy shit the post-market drops for SPY and QQQ are insane. I haven't seen a post/pre market move this sharp since Covid
They’ll try to spin it in tomorrows finance news, so it may be sharp but not as sharp as it should be.
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