US markets today: S&P 500 and Nasdaq retreat from record highs, Donald Trump tariffs jolt investor sentiment
Friday, 11 July 2025 () US stocks declined on Friday, reversing course from record highs due to President Trump's new tariff threats, including a 35% levy on Canadian imports. The S&P 500, Nasdaq, and Dow all fell, while European and Asian markets showed caution. Levi Strauss stood out with a 7% jump after exceeding expectations.
Donald Trump has slapped 25% tariffs on Japan and South Korea, warning both nations to “build in the USA or pay up.” With a July 9 deadline looming, Trump’s letters threaten even steeper tariffs if Tokyo or Seoul retaliate or refuse trade deals. He blames long-standing U.S. trade deficits on...
U.S Escalates Global Trade War: U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In..
Tensions between Brazil and the U.S. are escalating fast as President Lula da Silva vows to retaliate with steep tariffs following President Trump’s demand to halt the Bolsonaro trial. Trump calls..
Beijing has launched a fiery response to the U.S. President Donald Trump’s announcement of a sweeping 50% tariff on Chinese copper imports, calling the move reckless and “dangerous.” Chinese..