Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil. That unpredictability has shaken markets, prompted economists to cut their growth forecasts and forced central bankers to factor in the potential inflationary impact of import costs.
Wall Street slides as Trump’s tariff threats triggers market uncertainty
American stock markets experienced a decline on Friday. This downturn resulted in a weekly loss. Donald Trump’s proposal of 50% tariffs on European products triggered
May 24, 2025