Skip to content
Subscriber Only
Markets

Stock Traders Have Theories About the Timing of Trump’s Tariff Tweet

  • Equities plunge after president adds tariffs on China goods
  • Escalation comes day after first rate cut in a decade
Video player cover image
In China, We’re Overweight Large Cap Versus Small Cap, Says UBS’s Zuercher

Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

A day after posting its first 1% loss in two months, the S&P 500 posted its first 1% reversal of the year, with Thursday’s recovery from Jerome Powell’s press conference torpedoed by a Donald Trump tariff tweet.