Monday, February 03, 2025

U.S. Stocks, Global Markets Fall on Fears of a New Trade War

U.S. stocks sank at the open on Monday, as the nation braces for a new phase of a global trade war based on tariffs.

Posted by reinheitsgebot at 11:30 AM | 9 COMMENTS | permalink

More

Investors bought dollars, sold stocks and fretted about inflation in a scramble to assess the risk of a trade war after Donald Trump put tariffs on top US trading partners reut.rs/4hr0tXx

[image or embed]

-- Reuters (@reuters.com) February 3, 2025 at 5:20 AM

Comments

Who could have predicted this?

I, personally, am absolutely gob-stopped.

When will the world realize Donald's genius, and bow to his will despite economic reality?

#1 | Posted by Zed at 2025-02-03 09:41 AM

How's those 401k plans doing today?

#2 | Posted by Nixon at 2025-02-03 10:03 AM

How's those egg prices today?

#3 | Posted by Nixon at 2025-02-03 10:04 AM

How's those 401k plans doing today?

#2 | Posted by Nixon

Not nearly bad enough to wake the morons up, I'm afraid.

#4 | Posted by Whatsleft at 2025-02-03 11:49 AM

Not enough "pain" yet.

Americans will have to feel a lot of pain before they decide to undo what they have gone to themselves.

And don't worry America. Trumpy is promising to bring the pain.

This is what you voted for?

#5 | Posted by donnerboy at 2025-02-03 11:54 AM


How's those 401k plans doing today?
#2 | Posted by Nixon

Typical American short term thinking. Its why America is in such a mess.


Not enough "pain" yet.

I thought every thing under Biden was going swimmingly?

BREAKING: Mexico tariff delayed 30 days, as Mexico agrees to send 10,000 troops to border.

#6 | Posted by oneironaut at 2025-02-03 12:17 PM

"I thought every thing under Biden was going swimmingly?"

There you go "thinking" again.

That's obviously not your job.

Hasn't your handler spoken to you about this?

#7 | Posted by donnerboy at 2025-02-03 12:20 PM

Wonder how many hundreds of millions Trump made shorting the stock market and then magically predicting the bump once he backs down after finding a resolution.

#8 | Posted by censored at 2025-02-03 12:21 PM

BREAKING: Mexico tariff delayed 30 days, as Mexico agrees to send 10,000 troops to border.

#6 | POSTED BY ONEIRONAUT

BREAKING: Trumpy reverses tariff threat after stock market crash and his billionaire buddies made enough money manipulating the stock market.

#9 | Posted by donnerboy at 2025-02-03 12:25 PM

Drudge Retort Headlines

Trump Tells Americans His Tariffs Will Cause 'Pain' (106 comments)

Young Man Dies After Asthma Inhaler Price Goes Up $500 (42 comments)

Pentagon Drops NY Times, NPR, and NBC from Press Reports (38 comments)

Medical Plane Crashes in Northeast Philadelphia Killing 6 (33 comments)

Musk Aides Lock Government Workers out of Computer Systems at US Agency (28 comments)

Trump says he Ordered Airstrikes on Islamic State in Somalia (25 comments)

Canada Responds with Tariffs on U.S. Goods (25 comments)

Black Hawk Crew Member Identified from Plane Crash (22 comments)

Trump's Diversity War: Agencies React by Scrubbing US History and Culture (20 comments)

Tesla Paid Zero Federal Income Tax in 2024 (17 comments)