US stocks steady after sharp decline

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The story "US stocks steady after sharp decline" was covered 15 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 15h ago

US stocks steady after sharp decline - Financial Times

Quick Summary:

Speaking at a press conference on Tuesday morning, Trudeau described the US tariffs as “a very dumb thing to do”, and said he expected to speak to US President Donald Trump in the coming days.

A key provision would exempt defence spending above 1 per cent of GDP from the debt brake rules, allowing Germany to boost spending on its armed forces at a time when Europe is facing the prospect of losing US guarantees that have underpinned its security after Donald Trump began his second presidential term.

US stocks fell on Tuesday as Donald Trump’s tariffs on major trading partners sent shockwaves through global financial markets.