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 warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair...
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..
US President Donald Trump has delayed the implementation of a 50% tariff on EU goods from June 1 to July 9, 2025, following a direct appeal from European Commission President Ursula von der Leyen...
Monday, 26 May 2025 ()
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