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Trump, Wall Street and tariff

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"Tariffs are estimated to cost Americans upwards of $6,500, 401Ks are plummeting," New York Gov. Kathy Hochul said in a news release April 2.
From USA TODAY
Global shares surged and a manic bond selloff eased on Thursday after U.S. President Donald Trump said he would temporarily lower some of the hefty duties he had just imposed on dozens of countries.
From Reuters
While many countries would have their tariffs reduced, Mr. Trump said the relief would not extend to China, one of America’s biggest trading partners, ensuring that many American importers were not o...
From The New York Times

Read more on News Digest

How are folks on Wall Street reacting to Trump's tariffs? Uncertainty, cautious optimism
The stock market saw its worst day since March 2020 on April 3, the day after President Donald Trump announced the global tariffs rollout.
Trump's pivot on tariffs shows that Wall Street still has a seat at his table
This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.
Wall Street’s euphoria sends US stocks to historic gains after Trump pauses most of his tariffs
NEW YORK (AP) — U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors had so desperately hoped he would.
Stocks soar in relief rally after Trump's tariff pause
Global shares surged and a manic bond selloff eased on Thursday after U.S. President Donald Trump said he would temporarily lower some of the hefty duties he had just imposed on dozens of countries.
Tariff Live Updates: Trump Backs Down on Reciprocal Tariffs for 90 Days
Beijing issued a lengthy denunciation of U.S. trade policies and accused Washington of violating a trade deal the countries reached in President Trump’s first term.
Investors react as stocks jump on Trump's tariff pause
Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs unveiled last week that roiled markets and erased trillions of dollars from global stock markets.
Markets Soar After Trump Backs Down on Tariffs
It will all depend on where you source product from, of course, and unfortunately about $450 billion is still being imported from China.” Here’s what else to know: Defending tariffs: In Washington, Mr.
Latest on Trump’s presidency as markets rebound on tariff pause
CNN will host a live town hall tonight with four members of the US House who represent battleground districts as the GOP looks to shore up its razor-thin majority in the 2026 midterms and Democrats face pressure from constituents to counter Trump’s measures.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
Treasury Secretary Bessent says ‘it's Main Street's turn' after Wall Street grew wealthy for 4 decades
The Trump agenda is focused on Main Street. It’s Main Street’s turn. … It’s Main Street’s turn to drive investment,” Bessent said.
This Ain’t Wall Street. It’s Y’All Street
With the launch of NYSE Texas and the Texas Stock Exchange, the Lone Star State is hoping to compete with the world’s financial capitals.
TechBullion1d
From Wall Street to workspace woes: How NYC office relocation is redefining Manhattan
Manhattan has long been the heart of the business world. Its iconic skyline and reputation as a financial epicenter are unmatched. Wall Street and large corporate headquarters symbolize power, ambition,
Commercial Observer2d
K-Pop Experience Creator Monday Morning Opening 15K-SF Venue at 30 Wall Street
Monday Morning Creative Lab (MMCL), a South Korea-based company that specializes in immersive K-pop and Korean culture experiences, will open its first venue in the United States at 30 Wall Street, Commercial Observer has learned.
Roller coaster US stock markets fall heavily again amid Trump tariff chaos
The latest gyrations in New York came after more than £80 billion was wiped off the value of Britain’s leading companies as the London stock market dived again on fears about the fall-out from Donald Trump’s “nuclear” tariffs policy, which sent shares plunging around the world.
Crain's New York7d
Wall Street urges IPO hopefuls to trim valuations in weak market
As turbulent U.S. equity markets cloud the picture for initial public offerings, some on Wall Street are urging companies ... see as a danger zone for new deals. “Volatility is making it very ...
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