Tag: Financial News
-
US Stock Market Drops as Trump Tariffs Ruled Illegal
On September 1, the US stock market experienced a significant drop, closing lower amid investor concerns following a federal appellate court’s ruling. The court deemed most of former President Donald Trump’s tariffs as illegal, an event that sent ripple effects through financial markets. The Dow Jones Industrial Average fell by 249 points, marking a turbulent…
-
Trump Clarifies No Tariffs on Gold Amid Confusion
In a world where economic concerns often rise and fall with the latest headlines, the recent confusion over potential tariffs on gold has sent shockwaves through markets and economies, particularly in gold-rich countries like Switzerland. Just days ago, the Financial Times published an article suggesting that the U.S. may impose tariffs on gold imports. This…