ADVERTISEMENT
Trump Tariffs Tweets Roil U.S. Stocks as Trade War Looms: Chart
Trump Tariffs Tweets Roil U.S. Stocks as Trade War Looms: Chart
04 Mar 2018, 03:41 PM IST
(Bloomberg) -- U.S. equities traded lower ahead of the open as investors continued to digest news about impending steel and aluminum tariffs. President Donald Trump took to Twitter Friday morning to justify his announcement from Thursday, which rattled markets. Just before 6 a.m. Friday he tweeted, “When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win.”
To contact the reporter on this story: Sarah Ponczek in New York at sponczek2@bloomberg.net.
To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Chris Nagi
©2018 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT