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Stocks were up early today as traders put their hopes in Treasury Secretary Scott Bessent’s suggestion that the Trump administration was open to negotiations for lowering Trump’s proposed tariffs.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

Major indexes on the stock market began down more than 3% today when, as Allison Morrow of CNN reported, a rumor that Trump was considering delaying his tariffs by three months sent stocks surging upward by almost 8%.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

After President Donald Trump’s tariff announcements on April 2 wiped $5 trillion dollars from the stock market, the Republican Party is scrambling.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

It’s been quite a week.

This post has been syndicated from Letters from an American, where it was published under this address.

The stock market rout continued today.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

Trump’s announcement last night that he was placing high tariffs on countries around the world came after the stock market closed, but it drove stock futures dramatically downward.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

This post has been syndicated from Letters from an American, where it was published under this address.

Just five months ago, on October 19, 2024, The Economist ran a special report on America’s economy.

This post has been syndicated from Letters from an American, where it was published under this address.