{"id":49513,"date":"2025-08-06T12:51:08","date_gmt":"2025-08-06T12:51:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/49513\/"},"modified":"2025-08-06T12:51:08","modified_gmt":"2025-08-06T12:51:08","slug":"trumps-tariff-warning-and-soft-services-data-rattle-wall-street","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/49513\/","title":{"rendered":"Trump\u2019s tariff warning and soft services data rattle Wall Street"},"content":{"rendered":"<p paraeid=\"{a0bd2392-4814-4cf2-8740-2dde0e27a10c}{113}\" paraid=\"1353726809\" xml:lang=\"EN-US\">One respondent from the health care and social assistance sector told ISM, \u201cTariffs are causing additional costs as we continue to purchase equipment and supplies.\u201d \u00a0<\/p>\n<p paraeid=\"{a0bd2392-4814-4cf2-8740-2dde0e27a10c}{136}\" paraid=\"1682365802\" xml:lang=\"EN-US\">Another business in real estate noted that \u201ctariff talk has turned out to be much more bluster than actual policy.\u201d\u00a0<\/p>\n<p paraeid=\"{4eeb133b-223f-4ec4-9338-dd5715ce85df}{141}\" paraid=\"61249430\" xml:lang=\"EN-US\">Trump added to market jitters by telling CNBC he would \u201cbe announcing on <a href=\"https:\/\/www.wealthprofessional.ca\/news\/industry-news\/semiconductors-surge-as-uschina-trade-talks-revive-supply-hopes-and-acquisition-activity\/389396\" rel=\"noreferrer noopener nofollow\" target=\"_blank\">semiconductors and chips<\/a>, which is a separate category, because we want them made in the United States,\u201d and said the new plan would be unveiled \u201cwithin the next week or so.\u201d \u00a0<\/p>\n<p paraeid=\"{a0bd2392-4814-4cf2-8740-2dde0e27a10c}{150}\" paraid=\"671315462\" xml:lang=\"EN-US\">According to CNBC, the prospect of fresh tariffs on chips and pharmaceuticals added pressure on equity markets already coping with labour and inflation uncertainty.\u00a0<\/p>\n<p paraeid=\"{4eeb133b-223f-4ec4-9338-dd5715ce85df}{151}\" paraid=\"1367628845\" xml:lang=\"EN-US\"><a href=\"https:\/\/www.wealthprofessional.ca\/news\/industry-news\/sp-500-loses-25t-in-one-tariffying-day-while-economists-raise-recession-odds\/388810\" rel=\"noreferrer noopener nofollow\" target=\"_blank\">The S&amp;P 500<\/a> slipped 0.49 percent to 6,299.19, while the Nasdaq Composite fell 0.65 percent to 20,916.55 and the Dow Jones Industrial Average declined 61.90 points to 44,111.74. \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"One respondent from the health care and social assistance sector told ISM, \u201cTariffs are causing additional costs as&hellip;\n","protected":false},"author":2,"featured_media":49514,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,100,33841,4992,3238],"class_list":{"0":"post-49513","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-markets","12":"tag-stagflation","13":"tag-tariffs","14":"tag-tsx"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/49513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=49513"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/49513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/49514"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=49513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=49513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=49513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}