Wall St futures, dollar skid on US tariff tumult - Reuters
Wall St futures, dollar skid on US tariff tumult Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"The mixed reactions are highlighting the winners-and-losers effect of shifts in tariff policy that has just delivered a boost to countries who previously had a comparatively bad deal."
— Benjamin Picton , Executive
"He would use other avenues to put taxes on imports from other countries after calling the court’s decision terrible."
— Donald Trump , Politician
"We’ve got so much experience of Trump now that we don’t think he’ll take this lying down."
— Nick Twidale , Executive
"Global trade uncertainty is back as an issue for investors and that’s bad news for US assets."
— Garfield Reynolds , Executive
"Asia and emerging markets are probably the biggest beneficiary of this temporary pullback in terms of tariffs."
— Helen Zhu , Executive
"Stocks got a boost Friday from the Supreme Court’s tariff ruling, but it quickly became clear that the decision was simply going to open a new chapter in the trade saga, not end it."
— Chris Larkin , Executive
"Uncertainty may worsen if the Trump administration continues imposing new tariffs under alternative laws."
— Kim Jung-kwan , Politician
"We are giving up roughly half of Friday's gain due mostly to the shift to 15 per cent on Section 122 versus 10 per cent announced Friday, reminding us that uncertainty remains high."
— Mark Hackett , Executive
"The tariff landscape is now more uncertain than before, uncertainty is not good news for any economy or market."
— Rodrigo Catril , Executive
"The tariff landscape is now more uncertain than before, uncertainty is not good news for any economy or market."
— Rodrigo Catril , Executive
"Trump weighed limited airstrikes on Iran as a way to pressure Tehran during nuclear talks and reportedly told advisers that if diplomacy or an initial targeted US strike fails to compel Iran to abandon its nuclear program, a broader assault could be considered in the coming months."
— Donald Trump , Politician
Key People
Benjamin Picton is a commentator for Rabobank, providing insights on market trends and economic policies.
Chris Larkin is the managing director of trading and investing at E-Trade from Morgan Stanley.
Former president of the United States known for his aggressive economic policies.
Garfield Reynolds is the MLIV Asia Team Leader for Bloomberg.
Helen Zhu is the chief investment officer at Nan Fung Trinity HK Ltd.
Kim Jung-kwan is the trade minister of South Korea.
Mark Hackett is the chief market strategist at Nationwide.
Nick Twidale is the chief market analyst at AT Global Markets.
Rodrigo Catril is a senior FX strategist at NAB.
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<a href="https://news.google.com/rss/articles/CBMigwFBVV95cUxNTFB0aGM0MUVXTXBReEFVMW1XYjFvVy1aQXd0WS1OY1o4ejZCY05TYXhyYmpLSU85TVR1dlVaUzY1OEZDLTFTUVlaVVBmempDakYydnRMWE1MaklscElRWVpPUXVobzA2V1BxN21KYUE0X2VHblNHYWFvM2VEM3MzUUdzRQ?oc=5" target="_blank">Wall St futures, dollar skid on US tariff tumult</a> <font color="#6f6f6f">Reuters</font>
U.S. stock index futures fell after President Donald Trump announced plans to hike global tariffs following a Supreme Court ruling against his previous levies, with markets also awaiting earnings from Nvidia.
The dollar and U.S. stock futures declined as uncertainty over U.S. trade policy dampened sentiment toward American assets, raising the prospect of heightened volatility across global markets.
Wall Street futures and the dollar declined in Asia as confusion over U.S. tariffs revived the 'sell America' trade, while confidence in the AI sector was tested by upcoming Nvidia earnings.
U.S. futures dropped and Asian shares were mostly higher after the Supreme Court struck down most of President Trump's tariffs, leading to market uncertainty and a decline in Bitcoin prices.
Wall Street futures and the dollar declined in Asia as confusion over U.S. tariffs revived the 'sell America' trade, while confidence in the AI sector was tested by upcoming Nvidia earnings.
U.S. futures declined and most Asian markets climbed after the Supreme Court struck down most of President Donald Trump's sweeping tariffs.
Wall Street futures and the dollar declined in Asia as confusion over U.S. tariffs revived the 'sell America' trade, while confidence in the AI sector was tested by upcoming Nvidia results.
Wall Street futures and the dollar slid in Asia as confusion over U.S. tariffs revived the 'sell America' trade, while confidence in the entire AI sector was set to be tested by results from tech-diva Nvidia this week.
All three major stock indexes rose after the Supreme Court struck down President Donald Trump’s sweeping tariff agenda, despite the economy notching its slowest economic growth of the past three quarters.
U.S. stock index futures declined as renewed tariff uncertainty unnerved investors after President Donald Trump announced a new 15% duty despite a Supreme Court ruling that struck down his broader levies.
Dow Jones futures fell after President Donald Trump announced a 15% global tariff, prolonging post-Supreme Court trade uncertainty, and amid heightened risk aversion due to geopolitical tensions.
Wall Street's major indexes closed sharply lower after President Trump announced hefty tariffs against Japan, South Korea, and other trading partners, while Tesla shares sank following CEO Elon Musk's announcement of forming a new U.S. political party.
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