Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as
tariffs to go into effect Aug. 1
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U.S. stock-market futures declined as the Trump administration said a broad
swath of tariffs against U.S. trade partners won’t take effect until Aug.
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"We're kind of moving from drama to trauma for a lot of the Eurozone countries," he said.
ReplyDeleteFinancial markets have suffered dizzying swings in recent days and weeks on mounting concern that the eurozone debt crisis and weak US economy could help see the world fall back into recession.
But Zoellick said how much impact the rollercoaster ride will have more broadly depended on how much the loss of confidence spread.