At least for now, the U.S. stock market is on board with President Donald Trump’s increasingly aggressive use of executive power

President Donald Trump‘s wide-ranging tariffs went into effect Thursday, just as the economic fallout of the president's months-long tariff threats creates visible damage to the U.S. economy.

Economics textbooks insist that stock prices reflect the future stream of a company’s profits on any given day. For all the brainpower devoted to these forecasts, however, they are essentially rough estimates of what may happen over the next twelve months and wild guesses about anything after that.

NEW YORK (AP) — U.S. stocks drifted to a mixed finish on Thursday as President Donald Trump’s tariffs taking effect on dozens of countries had only a muted effect on markets worldwide.

U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States,