Wall St Warrior

US stocks indexes down 3%, extending slide as Trump harangues Powell

(Reuters) -Wall Street’s main indexes each slid to more than one-week lows on Monday after U.S. President Donald Trump doubled down on attacks against Federal Reserve Chair Jerome Powell, amplifying concerns about the central bank’s autonomy and rattling markets. Trump repeated his criticism of Powell, saying in a Truth Social post that the economy could…

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China shipbuilders rip Trump’s ‘short-sighted’ US port fees

BEIJING (Reuters) -China’s shipbuilders on Saturday blasted as “short-sighted” U.S. port fees announced by President Donald Trump’s administration on China-linked ships, a measure aimed at the nation’s shipbuilding industry. Trump signed an order on Wednesday aimed at reviving U.S. shipbuilding and reducing China’s grip on the global shipping industry. His government the next day watered…

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