No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 3 mins read
A A
Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners
Share on FacebookShare on TwitterShare on LInkedIn



US stock futures fell Sunday evening as Wall Street braced for the latest salvo in President Donald Trump’s trade war. The Wall Street Journal reported that advisers have considered a global tariff of up 20% on almost all countries, though reciprocal tariffs are still an option. That follows an earlier report that said Trump is eyeing more aggressive duties to transform the US economy.

Investors are buckling up for a potentially bumpy ride as a critical week for markets and the economy kicks off, with reports indicating President Donald Trump’s trade war could soon get even more intense.

Dow futures were down 170 points, or 0.41%, while S&P 500 futures fell 0.77% and Nasdaq futures sank 1.4%. That follows Friday’s selloff that saw the broad market index sink 2%.

The yield on the 10-year Treasury bond slipped 5.9% basis points to 4.196%.

Tariff news dominated the weekend and indicated more escalation is ahead. On Sunday, sources told the Wall Street Journal that Trump has pushed his advisers to get more aggressive on tariffs, including higher rates on a wider set of nations.

One option under consideration in recent days is a global tariff of up to 20% that hits nearly all US trading partners, reviving an idea Trump floated on the campaign trail.

A 20% rate would further up the ante. Fitch Ratings earlier estimated that if Trump carried out all his previously announced plans, the effective US tariff rate could hit 18% on average—the highest level in 90 years. 

Reciprocal tariffs, where the US matches duties or trade barriers from other countries, are still an option too, according to the Journal, but one source that said Trump wants a “big and simple” policy.

That suggests the eventual tariff policy will be broader than Treasury Secretary Scott Bessent’s “dirty 15” plan to set tariffs on the 15% of countries that the administration considers the worst trading partners.

The White House didn’t immediately respond to a request for comment.

Similarly, the Washington Post reported on Saturday that Trump is considering a single universal tariff as part of an effort to fundamentally transform the US economy.

That means most imports would face the same rate no matter which country they are from, the report said, adding that Trump views a single duty as less likely to be watered down by exemptions.

Intense discussions are ongoing ahead of Wednesday, which Trump has billed as “Liberation Day,” when his next batch of tariffs will be unveiled.

Trump has already slapped tariffs on China, Canada, Mexico, steel, aluminum and autos, while threatening duties on pharmaceuticals, chips, lumber and the European Union. 

Last week, he suggested he would show some “flexibility” on reciprocal tariffs, and earlier reports said those would be more targeted, raising hopes on Wall Street that their impact would be less severe.

But after stocks rallied, his announcement of auto tariffs on Wednesday contributed to another selloff, which was also fueled by signs that tariffs were worsening inflation as well as consumers’ expectations of future inflation.

Also on Saturday, Trump stood by his auto tariffs, telling NBC News that they are permanent and that he doesn’t care of they cause carmakers to hike prices.

“I couldn’t care less if they raise prices, because people are going to start buying American-made cars,” he said. “I couldn’t care less. I hope they raise their prices, because if they do, people are gonna buy American-made cars. We have plenty.”

Trump later said if prices on foreign cars go up, then consumers will buy American cars.

Meanwhile, several big reports are due this week that could reveal how much stress the economy is feeling from Trump’s tariffs and steep federal job cuts.

On Tuesday, the Institute for Supply Management’s manufacturing activity index for March will come out, and the Labor Department will report February job openings and turnover.

On Wednesday, ADP will release private-sector payroll data for March. On Thursday, ISM will publish its monthly services-activity index, and the Labor Department will report weekly jobless claims.

On Friday, the Labor Department will issue its highly anticipated March jobs report, and Federal Reserve Chairman Jerome Powell is also scheduled to speak.

This story was originally featured on Fortune.com



Source link

Tags: DowDropFuturesGlobalHouseMullspartnersReportTariffTradingwhite
ShareTweetShare
Previous Post

Laws are for the little people

Next Post

The Best Dividend Aristocrat Stock with Over 3% Yield

Related Posts

edit post
Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

by TheAdviserMagazine
October 29, 2025
0

Business services provider Quess Corp on Wednesday, reported its September quarter (Q2FY26 ) results, with revenue rising 3% year on...

edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Nvidia is officially the world’s first  trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

by TheAdviserMagazine
October 29, 2025
0

Nvidia made history Wednesday, becoming the world’s first company to reach a $5 trillion market capitalization as shares surged more...

edit post
VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

by TheAdviserMagazine
October 29, 2025
0

However, on a constant dollar basis, revenue at VF Corp declined by 1% YoY. This still surpassed the company’s previously...

edit post
Israel’s tech sector shrinks amid AI uncertainties

Israel’s tech sector shrinks amid AI uncertainties

by TheAdviserMagazine
October 29, 2025
0

The last quarter of the year is the preferred time for tech companies - large and small to cut...

edit post
Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube

Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube

by TheAdviserMagazine
October 29, 2025
0

Akasa Air will look at an initial public offering in the next two to five years, its Founder and CEO...

Next Post
edit post
The Best Dividend Aristocrat Stock with Over 3% Yield

The Best Dividend Aristocrat Stock with Over 3% Yield

edit post
How DeepSeek erased Silicon Valley’s AI lead and wiped  trillion from U.S. markets

How DeepSeek erased Silicon Valley's AI lead and wiped $1 trillion from U.S. markets

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
How to Build a Landing Page That Converts (With Clear Examples)

How to Build a Landing Page That Converts (With Clear Examples)

0
edit post
30 Days That Changed My Business: The Net-30 Lesson

30 Days That Changed My Business: The Net-30 Lesson

0
edit post
2026 Retail Predictions: A Flight To Profitability 

2026 Retail Predictions: A Flight To Profitability 

0
edit post
Oasis CEO uses AI to create financial plans, stock analyses

Oasis CEO uses AI to create financial plans, stock analyses

0
edit post
How to Save for a Luxury Car: A Step-by-Step Investment Plan

How to Save for a Luxury Car: A Step-by-Step Investment Plan

0
edit post
Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

0
edit post
Oasis CEO uses AI to create financial plans, stock analyses

Oasis CEO uses AI to create financial plans, stock analyses

October 29, 2025
edit post
Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000

October 29, 2025
edit post
2026 Retail Predictions: A Flight To Profitability 

2026 Retail Predictions: A Flight To Profitability 

October 29, 2025
edit post
How to Save for a Luxury Car: A Step-by-Step Investment Plan

How to Save for a Luxury Car: A Step-by-Step Investment Plan

October 29, 2025
edit post
Fiserv stock craters 44% after company slashes guidance

Fiserv stock craters 44% after company slashes guidance

October 29, 2025
edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Oasis CEO uses AI to create financial plans, stock analyses
  • Quess Corp Q2 Results: Revenue up 3%, headcount rises by 21,000
  • 2026 Retail Predictions: A Flight To Profitability 
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.