Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news

Markets previously brushed off tariff risks under the assumption that President Donald Trump would follow his earlier pattern and eventually retreat. That allowed stocks to reach new record-high territory,

Futures on Wall Street are continuing from where they left off on Friday, as profit booking continued from higher levels amidst the increasing trade uncertainties. The Dow futures are currently down 200 points,

Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.

Key Points The president has extended his tariff pause until Aug. 1.His administration also sent letters to many countries letting them know what their tariff rates will be on Aug. 1 -- and many of these rates are high.

Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.

These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.

CNBC anchor Joe Kernen broke the news that Trump dropped a new tariff threat on Canada, and asked Megan Cassella if she knew "what made him mad." The post ‘Something Must Have Made Him Mad!’ CNBC Anchor Breaks New Trump Threat That ‘Knocks Stock Market Off Balance’ first appeared on Mediaite.

Tesla stock fell almost 7% in premarket trading on Monday after Musk announced a new political party.Tesla investors are frustrated with his political involvement, wrote analyst Dan Ives.Musk's feud with Trump makes investors worry about Tesla's future,

Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.