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The firms join a growing list of big businesses cautioning about the impact of Trump's import taxes.
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News and Media
Hollywood is in turmoil following President Trump's announcement of a potential 100% tariff on foreign films, a move criticized by industry insiders as impractical and harmful. The proposal has sparked uncertainty, causing stock prices to fall and raising questions about its enforceability.
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A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwans dollar and resonated across global foreign exchange markets. The MSCI Emerging Markets Currency Index rose 0.6% to a record. US stock futures edged lower after the S&P 500 halted its longest rally in about 20 years. Theres no cash trading in Treasuries during the Asian day as Japan is closed for a holiday.
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News and Media
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