Global markets reel after Trump's tariffs

Markets opened to a bloodbath for shares in Germany, industry and retail, as traders react to Trump's global tariffs and 20% levies on the European Union.

Her great-grandfather was behind the Smoot-Hawley Tariff Act. She thinks Trump’s tariffs are ‘terrible.’
Just now9m ago
Carey Stewart Cezar, a retired nurse who lives in Baltimore, watched with dismay Wednesday as President Donald Trump announced sweeping tariffs on imports.
Australia's beef farmers shrug at Trump's levies
Just now33m ago
President Trump singled out Australian beef exports while slapping a 10% tariff on all Australian products.

0 seconds of 3 minutes, 24 secondsVolume 90%

00:00

03:24

Trump's tariff bombardment sends global markets reeling

Trump vows tariffs will bring jobs and factories back to the U.S.

ANALYSIS

Trump's trade war is just getting started

The unfolding trade war could have major unintended consequences in an already weakening economy, analysts say.

46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Retailers moving production out of China have long turned to its southern neighbor. Now, they can no longer steer clear.

A trader works on the floor of the New York Stock Exchange

MARKETS

Investors flee U.S. stocks in sharp reaction to Trump's tariffs

Carey Cezar has kept news clippings about her great-grandfather, Rep. Willis C. Hawley

EXCLUSIVE

Her great-grandfather was behind the Smoot-Hawley Tariff Act. She thinks Trump’s tariffs are 'terrible.'

Republicans aren't panicking about Trump or Musk after Wisconsin defeat

Republicans downplayed the results, despite losing big in the Wisconsin Supreme Court race and seeing their margins decrease notably in Florida.

Republicans aren't panicking about Trump or Musk after Wisconsin defeat

Republicans downplayed the results, despite losing big in the Wisconsin Supreme Court race and seeing their margins decrease notably in Florida.

0 seconds of 1 minute, 37 secondsVolume 90%

00:00

01:37

Musk's role in the Trump administration expected to end in coming months

Courtesy Cosm

The planetarium company that wants to change how we watch sports

Tom Williams / Getty Images file

Not scrambled: White House still plans to use real eggs for the Easter Egg Roll

Netanyahu defies international arrest warrant on visit to Hungary

Hungarian officials signaled plans to withdraw from the International Criminal Court shortly after the Israeli Prime Minister touched down in Budapest.

Netanyahu defies international arrest warrant on visit to Hungary

Hungarian officials signaled plans to withdraw from the International Criminal Court shortly after the Israeli Prime Minister touched down in Budapest.