Iraq Bulletin

Tag : trade war

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Nasdaq and S&P 500 extend losses on trade tensions

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U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump's tariff policies continued to cloud the economic outlook, prompting more companies to pull back financial forecasts. Investor enthusiasm for artificial intelligence-related stocks also appeared to weaken,...
Business

EU retaliates against US steel and aluminum tariffs

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The European Union has officially approved its first set of retaliatory tariffs on U.S. imports in response to recently imposed American duties on steel and aluminum. The move, announced by the European Commission on Wednesday, comes amid escalating trade tensions...
Business

Nvidia shares sink 9% as investors react to tariff concerns

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Nvidia's stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect on Tuesday. The sharp decline erased approximately $265 billion from the company's market value, bringing...
Featured News

S&P 500 posts biggest loss in months amid tariff fears

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U.S. stocks suffered a sharp decline on Monday as President Donald Trump confirmed that new tariffs on imports from Canada and Mexico would proceed, exacerbating market fears of a deepening trade dispute. The S&P 500 fell 1.76% to 5,849.72, marking...
Business

Global trade concerns push gold beyond $2,950 in record rally

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Gold prices have surged past $2,950 per ounce, setting fresh all-time highs as investors turn to safe-haven assets amid heightened economic and geopolitical risks. The rally is being fueled by concerns over U.S. trade policies, a weak dollar, and increased...
Business

EU to resist US tariffs as Trump pushes for reciprocal trade policy

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The European Commission has expressed strong opposition to U.S. President Donald Trump’s proposed “reciprocal” trade policy, calling it a step in the wrong direction. The Commission reaffirmed its commitment to an open and predictable global trading system, emphasizing that such...
Featured News

EU seeks clarity on US tariffs for steel and aluminum exports

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The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union countries. The Commission stated that it would not issue an official response until it receives...