cross-posted from: https://lemmy.world/post/28033197
Summary
US stocks fell sharply Thursday after a historic rally, as investors refocused on lingering economic damage from Trump’s tariffs. The Dow dropped over 900 points, with the S&P 500 and Nasdaq also down.
Despite Trump’s 90-day pause on some “reciprocal” tariffs, others remain, including a universal 10% tariff and 25% duties on autos, steel, and more.
Economists warn of recession risks. China raised tariffs to 125% on US goods, with Beijing responding in kind.
Markets remain volatile, and analysts say temporary relief hasn’t changed underlying economic threats.
Appreciate it, yeah my will is strong and I want there to be a future for the next generations. I don’t have any kids myself and got the snip after November to make sure I don’t have any, just have to fight for what’s right and hope for the best. The quote from Samwise “there’s some good in this world Mr Frodo and it’s worth fighting for” is my creed basically and is a great reminder to stay in the fight
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