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President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.

They could not have imagined a president would use emergency authority to bypass Congress and impose tariffs on the entire world.”

Investors worry about the impact of Trump's import tariffs on these tech companies. The companies themselves haven't delivered terrible news specific to their businesses, but investors worry they will soon suffer as President Donald Trump's new import tariffs take hold.

President Trump's announcement of tariffs against all the United States' trade partners sent shockwaves through the financial markets this week. CBS News reports.

The S&P 500 began the week with three straight daily gains, but then 'Liberation Day' led the index to its two worst days since March 2020.

“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump threatened on Truth Social Monday morning.

The US president says he will introduce the additional tax unless Beijing withdraws its own 34% counter-tariff on American goods.

President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump's additional tariffs followed China's announcement that it was matching the "reciprocal tariff" Trump announced last week amid the new sweeping tariffs on US imports.

Polymarket, an offshore betting platform, shows a 62% chance of a recession occurring in the U.S. this year, cooling down Monday afternoon after peaking at 66% on Sunday, when Goldman Sachs economists said they expect a recession to occur if the Trump administration goes through with its tariff rates.

The likelihood of the U.S. entering a recession has jumped since President Trump announced new tariffs, according to Goldman Sachs economists.

President Donald Trump remained defiant Monday as global markets continued plunging after his tariff announcement last week

U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets.

US stocks were extremely volatile Monday as traders searched for any sign that President Donald Trump’s tariffs could be negotiated or halted.

President Donald Trump says he's considering additional tariffs on China. The Republican president's threat came Monday after Beijing retaliated against his announcement of tariffs last week.