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President Trump’s Latest Tariff Threats Knock Stocks Off Winning Streak (WSJ. 202507011)
President Trump's latest tariff threats knocked stocks off their record levels. The Dow Jones Industrial Average lost 279 points to close at 44,372. The S&P slid 21 points, and the NASDAQ fell 45 points. Wall Street has largely shrugged off Trump's recent trade threats with shares climbing even as countries around the world received notices of new tariff rates, but his latest put a stop to stocks winning streak. The S&P 500 and the NASDAQ both finished down less than half a percent on a weekly basis after closing at all-time highs on Thursday, while the Dow fell 1%. Late Thursday, Trump said the U.S. would raise levies on some Canadian goods from 25 to 35% starting next month. Canadian Prime Minister Mark Carney said his country would try to get a trade deal with U.S. by August 1st. In individual companies trading today, shares of Kraft Heinz turned higher after The Journal exclusively reported that the packaged foods giant is preparing to break itself up. A Kraft Heinz spokesperson said the company has been evaluating potential strategic transactions. Shares rose 2.5%. Jeans maker Levi Strauss said it boosted its annual outlook after strong results for the first half of the year. Shares jumped more than 11%. Shares of AMC Entertainment also surged about 11% after Wedbush analysts upgraded its stock. The movie theater chain restructured its debt and secured new financing earlier this month. And Ford shares slipped 1%. The automaker has recorded more safety recalls in the first half of this year than any car company ever has in a calendar year.
트럼프의 관세 발표로 증시가 모두 하락함. 최근 발표 전까지 시장은 트럼프의 관세 협박에 무덤덤하게 반응하며 계속 상승세였음. 이번에 트럼프는 캐나다에 대한 관세를 8월부터 25%에서 35% 부과하겠다고 발표함. 캐나다는 8월 전까지 미국과 무역 협상을 체결하겠다고 언급함. 한편, 소비재 기업 Kraft Heinz 분할 가능성이 보도된 가운데 주가가 상승함. Kraft Heinz는 전략적 거래 가능성을 평가 중이라고 언급함. 청바지 제조업체 Levi Strauss가 올해 상반기 매출이 견고했다며 연간 전망치를 상향 조정함. 주가도 상승함. 한편, 엔터테인먼트 기업 AMC Entertainment 주가도 상승함. 이번 달 초에 대출 구조를 조정하고 신규 자금을 조달받았기 때문임. 한편, 자동차 업체 Ford는 올해 상반기 동종업계 대비 기록적인 수의 차량 리콜을 하면서 주가가 하락함