"We would expect the market to rotate further toward services given recent trade policy implementation," Mike Wilson says.
Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.
Trump slapped 25% tariffs on Canadian and Mexican imports to pressure them to crack down on illegal immigration and fentanyl.
President Trump has agreed to put tariffs on both Canada and Mexico on hold — for now. Earlier in the day, Trump talked to Mexican President Claudia Sheinbaum and agreed to put planned tariffs on ...
China imposed tariffs on some U.S. imports in response to new tariffs President Donald Trump put on Chinese goods beginning ...
Consumers brace for higher prices, while experts debate long-term impact of the U.S. trade balance on everyday residents ...
U.S. Treasury yields were mixed on Tuesday as investors assessed U.S. President Donald Trump’s 30-day tariff pause, and ...
The dollar fell slightly after U.S. President Donald Trump agreed to hold off imposing 25% tariffs on Canada and Mexico.
Trump also believes that both Canada and Mexico are not doing enough to stop the amount of deadly illegal drugs from entering ...
TO SALVAGE WHAT WILL REMAIN of American alliances after President Trump’s second term, Democrats must become the party of ...
In a head-spinning day, Monday started with stocks tanking and ended with President Trump postponing his ill-advised plan to ...
Canada and Mexico struck last-minute deals with President Trump to pause 25% tariffs on a broad range of their goods.