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Dow tumbles 800 points as Trump confirms tariffs on Mexico/Canada start Tuesday
- howard941 2y agoUntil 800==650 the headline's off
- ceejayoz 2y agoThe headline was written before the markets closed; it rebounded a little after.
- Tadpole9181 2y agoWell now it's down another 700. Happy now?
- deleted 2y ago[deleted]
- LinuxBender 2y agoThis is on par with his crass negotiation methods. I myself would not panic or at least I personally would not make any financial decisions based on this just yet.
- 486sx33 2y agoIf you have an appetite for risk and have liquidity, it could be an excellent buying opportunity
- ryanpandya 2y agoWhat do you have in mind?
- dismalaf 2y agoThe Dow isn't down because of tariffs, it's down because of OpenAI and the US just blowing up the Pax Americana... European defence stocks for example were way up in their session.
- sethammons 2y agoDefense stocks are up un Europe for a very obvious reason: Europe stands behind the Ukraine and the US has decided to abandon them.
- Tadpole9181 2y agoNot like it actively plummeted as Trump spoke the words from his mouth at his presser yesterday? How in the world is a 20% tarriff on basically all goods in the US not a market-forcing factor in your mind?
- dismalaf 2y agoTariffs can be positive for the country enacting them. The US does have a strong hand here in a lot of sectors. Both China and Japan are fairly protective, for example, to their benefit. However blowing up your influence in the world when a whole bunch of your corporations make a significant amount of income from the rest of the world is always going to be negative. Zero positive effects there.