DOW Futures Tumble 900 Points On Fear Of Trumps Tariffs Will Spark Trade War

skews13

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U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
 
As expected....the market doesn't like the unknown. When the dust settles it could very well
go in the opposite direction of todays futures. :dunno:
 
As expected....the market doesn't like the unknown. When the dust settles it could very well
go in the opposite direction of todays futures. :dunno:

Well, tariffs are now a known.

Retaliatory tariffs are an unknown, but...not really. We can be sure they're coming. I think countries were waiting to see just who would be tariffed. Given that every single country is in MAGA's sights, a lot of countries are going to feel emboldened enough to retaliate.
 
Well, tariffs are now a known.

Retaliatory tariffs are an unknown, but...not really. We can be sure they're coming. I think countries were waiting to see just who would be tariffed. Given that every single country is in MAGA's sights, a lot of countries are going to feel emboldened enough to retaliate.
Nothing like a game of chicken right? Let's see who wields the biggest guns.
I do imagine there will be negotiations with a lot of those countries.
Canada felt emboldened a few weeks ago....until they weren't.
 
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U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
Ummm. The dow closed up 235 pts. today. Nasdaq and S&P were up as well.
 
U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
This coming from the side that pushes for more taxes on stock investments…. To the point radicals want to tax 401(k)
 
Well, tariffs are now a known.

Retaliatory tariffs are an unknown, but...not really. We can be sure they're coming. I think countries were waiting to see just who would be tariffed. Given that every single country is in MAGA's sights, a lot of countries are going to feel emboldened enough to retaliate.
Today President Trump displayed a VERY clear chart of how much MORE the current tarriffs foreign countries are charging us. So cry me a river, this is nothing more than leveling the playing field.
 
Today President Trump displayed a VERY clear chart of how much MORE the current tarriffs foreign countries are charging us. So cry me a river, this is nothing more than leveling the playing field.
And the countries are still getting a deal from what I saw.
 
U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
This is why Trump is a failed businessman.

It also explains why he was a successful bullshitting game show host.
 
And the countries are still getting a deal from what I saw.
Right? The only one I saw that was 10 percent both ways was Great Britain. All the other foreign countries STILL maintain a trade advantage even AFTER Trump's horrible tariffs. FFS do people even care about facts anymore? :dunno:
 
U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
Not a fear. Its reality.
 
U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

Futures tied to the Dow Jones Industrial Average lost 918 points, or 2.2%. S&P 500 futures dropped 3.2%. Nasdaq-100 futures lost 4.1%.


Largest tax hike on the working class in history.
Damn, that escalated quickly.
 
Today President Trump displayed a VERY clear chart of how much MORE the current tarriffs foreign countries are charging us. So cry me a river, this is nothing more than leveling the playing field.

He's trying to use a chainsaw to do surgery. It's not gonna work.
 
As expected....the market doesn't like the unknown. When the dust settles it could very well
go in the opposite direction of todays futures. :dunno:
How?

Did Smoot-Hawley work?
 

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