Thursday, April 10, 2025

Wall St Sell Off Resumes As Trump Fails To Soothe Market Turmoil

 https://www.newsweek.com/donald-trump-administration-tariffs-eu-china-pause-live-updates-2057911

The Dow plunged over 4.3% points Thursday; S&P 500 fell 5%; Nasdaq dropped 5.9%.

Trump's tariff on Chinese goods now sits at a minimum of 145%, up from the 125% announced Wednesday.

The 145% rate includes an earlier 20% levy tied to fentanyl-related sanctions.

U.S. inflation cooled in March, but economists warn new tariffs could soon reverse that trend.

The U.S. dollar index sank 2%, its lowest since early October.

The EU paused retaliatory tariffs on U.S. goods for 90 days, signaling a fragile easing in broader trade tensions.

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