All three major U.S. markets sank before regaining lost ground on fears a trade war will hobble the world’s largest economy and boost inflation.

Treasury Secretary Scott Bessent has dismissed worries about a Wall Street Trump tariff selloff after the White House declared a trade war on Canada, China, and Mexico that has spooked investors. Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans despite market concerns over his move to slap tariffs of between 20% and 25% tariffs on three of this country’s main

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500. The S&P 500 shed 72 points,

President Donald Trump renewed his criticism of Ukrainian President Volodymyr Zelensky on Monday. Trump, in a social media post, pointed to recent comments in which Zelensky said the end of his country’s war with Russia remains far off.