Tag: trade tariffs
-
Trump’s Trade Tariffs Ripple Through Global Markets: Nasdaq Futures Drop and Industries Adapt
Nasdaq Futures Decline The recent announcement of President Donald Trump’s trade tariffs on China, Mexico, and Canada has sent shockwaves through the U.S. stock market, with Nasdaq futures plummeting by nearly 2.7%. This significant drop underscores the market’s sensitivity to geopolitical tensions and highlights the need for structural repricing of trade war risks. Investors are…
-
Trump’s Oil Tariffs: Reshaping Global Oil Markets and Refining Dynamics
Introduction to Trump’s Oil Tariffs On February 1, 2025, U.S. President Donald Trump imposed a series of trade tariffs targeting oil imports from Canada and Mexico, with rates reaching as high as 25%. This decision forms part of a broader strategy to protect U.S. interests by addressing national emergencies such as fentanyl trafficking and illegal…