President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.
Asia-Pacific markets are set to extend declines, tracking steep losses on Wall Street after U.S. President Donald Trump's tariffs rattled global markets.
The major averages tanked on Thursday, posting their worst session since 2020 after President Trump rolled out a raft of tariffs. What's on CNBC's radar Friday.
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.
Stock markets took a £2trillion hit yesterday after the US president slapped huge tariffs on America's trading partners, stoking widespread fears of a recession.