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US, European, Japanese markets down sharply after tariff announcement

March 2, 2018 by Richard Schulman 1 Comment

Rob Porter, Staff Secretary to the President until forced to resign. Porter kept protectionists at bay.

President Trump in an impromptu press meeting at lunchtime yesterday announced that he was imposing 25% tariffs on all imports of steel and 10% tariffs on aluminum. The US stock market promptly fell over 2%. In conjunction with two days of previous market drops this erased all the stock market gains of 2018. This Friday morning […]

Filed Under: Trade  Tagged: Newt Gingrich, Peter Navarro, tariffs

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