Donald Trump, Wall Street
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By David French (Reuters) -Wall Street stocks ended marginally up on Monday as investors sidestepped any meaningful moves following U.S. President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.
Flurry of financial sector reports expected to show investment banking still in the doldrums for another quarter
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Asianet Newsable on MSNTrump Tariffs Likely Unavoidable For Canada, Says Prime Minister Mark CarneyCarney’s comments come after U.S. President Donald Trump threatened Canada, in a letter posted on Truth Social, to reach a trade agreement before August 1 or face higher tariffs of 35%.
Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.
By David French (Reuters) -Wall Street stocks closed marginally up on Monday as investors sidestepped any meaningful moves following U.S. President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.
The newspaper's conservative editorial board also hit the president with a cold truth about his tariff strategy.
President Trump set a 50 day deadline for a ceasefire deal between Russia and Ukraine or else he will hit Russia with "severe" tariffs. Also, the U.S. is sending weapons to Ukraine through NATO. Politico Foreign Affairs Correspondent Eli Stokols and Puck Founding Partner Julia Ioffe join Katy Tur to react to Trump's change in tone on Russian President Putin.
On Friday, we're talking about all these letters that the Trump administration had been sending out and talking about perhaps how the EU had been spared for the time being b