Trump, Tariffs and new deals
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The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.
President Trump sent more mixed signals on his tariff policy and bashed Russian President Putin during a Cabinet meeting Tuesday.
The Trump administration is expected to send dozens of letters to countries that have not made a trade deal, warning them that higher tariffs could kick in next month.
Amazon's big annual sale officially kicks off Tuesday, but Prime members can find great deals now before any potential price hikes.
US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva.
"America will, once again, build a DOMINANT Copper Industry," Trump said in a post on his Truth Social media platform.
NBC News is tracking the prices of common purchases ahead of major discounting by Amazon, Walmart and other retailers, and as Trump’s global levies threaten to take hold.
U.S. stock futures edged lower and global equities were narrowly mixed with sector-specific duties back in the spotlight.