Market Whiplash: Media Stocks Slump Again Following Brief Rebound on Trump’s Tariffs Pause
Following one day of respite, the U.S. stock market returned to its downward spiral Thursday amid ongoing concerns tied to President Donald Trump’s proposed tariffs. Media stocks briefly rallied on Wednesday when Trump announced a 90-day pause on the planned tariffs for non-retaliating countries while simultaneously instituting a 125% tax rate increase for imported goods […]