So for a while, about the only thing that kept social media stock Truth Social (DJT) going was that one of its key shareholders, President

(Reuters) -Shares of Truth Media & Technology Group, the parent company of President Donald Trump's Truth Social platform, plunged more than 6.5% on Wednesday after the company filed papers that would allow the president's trust to sell a large number of shares.

Trump's social media company filed paperwork with the Securities and Exchange Commission that could allow the president's trust to sell more than $2 billion of shares.

The reaction to President Donald Trump's sweeping tariffs announcement didn't take long to hit the United States stock market, with Dow Futures plummeting 1,000 points by Thursday morning. The Dow Jones Industrial Average fell by 1,000 points or 2.4%. S &P 500 futures lost nearly 3% and Nasdaq-100 futures tumbled more than 3%.

The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia

Asian markets and U.S. futures tumbled Thursday following U.S. President Donald Trump’s announcement of big increases in tariffs on imports of goods from around the world. Tokyo’s Nikkei 225 index initially dipped more than 4%,

President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

A measure to cancel some Canadian tariffs is all but certain to stall in the House. But with a handful of Republicans in favor, the vote sent a signal of opposition to the levies.

President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.

President Donald Trump made a series of false claims about tariffs and trade – most of which he has made before – in the Wednesday speech in which he announced a sweeping set of global tariffs.

Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.

Shipping company Maersk said on Thursday that the tariffs announced by U.S. President Donald Trump on Wednesday amount to bad news for the global economy and trade stability.