Stock markets tumble in response to Trump’s sweeping tariffs

Foreign stock markets tumbled on Thursday morning following President Donald Trump’s announcement of a raft of tariffs on America’s trade partners — including a minimum baseline tariff of 10% on all nations. Asian markets led the slide. Japan’s Nikkei index dropped 4% after opening, Hong Kong’s Hang Seng Index slid 2.4%, South Korea’s KOSPI fell … Read more

US tariffs on imported autos go into effect as markets reel from Trump’s trade escalation

Steep tariffs of 25% on vehicles imported into the United States went into effect early Thursday morning, as international leaders reacted to and markets reeled from President Donald Trump’s announcement hours earlier of even more sweeping tariffs set to begin later this week and next week. The auto tariffs, which apply to imported cars, SUVs, … Read more

Musk still plans a major role in midterm elections despite loss in Wisconsin: Sources

Despite billionaire Elon Musk’s repeated warnings that “Western Civilization” was at stake if the conservative candidate in the Wisconsin Supreme Court race lost, the Tesla CEO and senior adviser to President Donald Trump downplayed Tuesday’s major election defeat, writing in an overnight post that he “expected to lose.” The billionaire, who has dominated headlines since … Read more