[h=1]U.S. stocks slump after Cohn's resignation fuels uncertainty about Trump economic agenda[/h]
U.S. stocks traded lower Wednesday, as the resignation of Gary Cohn, the head of President Donald Trump’s National Economic Council sparked a selloff in risky assets such as equities.
Concerns about the prospect of a global trade war, prompted by Trump’s plan to introduce tariffs on steel and aluminum imports, intensified, as Cohn had opposed the tariff proposal and was widely viewed as having a moderating influence within the White House.
https://www.marketwatch.com/story/dow-set-for-300-point-drop-after-cohns-exit-2018-03-07
U.S. stocks traded lower Wednesday, as the resignation of Gary Cohn, the head of President Donald Trump’s National Economic Council sparked a selloff in risky assets such as equities.
Concerns about the prospect of a global trade war, prompted by Trump’s plan to introduce tariffs on steel and aluminum imports, intensified, as Cohn had opposed the tariff proposal and was widely viewed as having a moderating influence within the White House.
https://www.marketwatch.com/story/dow-set-for-300-point-drop-after-cohns-exit-2018-03-07