Trump’s Tough Talk on Trade Rattles Investors

A U.S. stock-market rally that appeared unstoppable just six weeks ago is now at a crossroads, reflecting fears that Trump administration trade restrictions and signs of firming inflation could threaten the underpinnings of the strongest global economic expansion in years.

Investor confidence hadn’t recovered from a tumultuous February when President Donald Trump pledged Thursday to impose tariffs on steel and aluminum imports. The Dow Jones Industrial Average, which includes several big manufacturing, machinery and chemical…

SOURCE: GoogleNews