Dow, Nasdaq slide as trade concerns linger despite Trump’s EU tariff reprieve
Monday, 26 May 2025 () US markets initially surged following President Trump's tariff delay on EU goods, but quickly reversed course. The Dow, S&P 500, and Nasdaq all declined, fueled by ongoing trade anxieties. Apple shares dropped due to potential tariffs on foreign-made smartphones. European markets rallied on Trump's announcement, while investors await key economic data and monitor Trump's fiscal policies.
President Trump has launched a full-scale trade war with the European Union, announcing a 50% tariff on EU imports starting June 1, 2025. Trump accused the EU of exploiting the U.S. through unfair trade practices, VAT schemes, and currency policies, blaming them for a $250 billion trade deficit. The...
King Charles has returned to Canada amid rising tensions between Prime Minister Mark Carney and U.S. President Donald Trump, who recently renewed calls to annex Canada as the 51st state. Charles was..
In a fresh escalation, Donald Trump has accused Harvard University of antisemitism and is considering slashing $3 billion in federal funding, claiming the money would be better invested in trade..
U.S. President Donald Trump lashed out at Ukrainian leader Vladimir Zelensky, blaming him for worsening the Ukraine conflict. Trump said Zelensky’s harsh words about U.S. inaction are inflaming..
Monday, 26 May 2025 ()
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