Tariff Policy Update: 15% Rate Likely This Week, Treasury Says
A move to a 15% global tariff could happen any day now. Trade policy shifts like this can ripple through supply chains, corporate earnings, market sentiment, and more.


A move to a 15% global tariff could happen any day now. Trade policy shifts like this can ripple through supply chains, corporate earnings, market sentiment, and more.

The S&P 500 index fell 1.6% last week, led by the technology sector, as consumer sentiment dropped to a three-year low. This marks the index’s first weekly loss since the week ended Oct. 10. The index is up 14% this year.

The S&P 500 index rose 1.7% last week as earnings season kicked off on a largely positive note and President Donald Trump said his proposed 100% additional tariffs on China are “not sustainable.” The index is down 0.4% for the month, but up 13% for the year.

The S&P 500 slipped 2.4% last week as renewed tariff tensions weighed on markets. Energy led sector losses, while utilities and consumer staples managed gains ahead of a busy earnings week.

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A potential U.S. government shutdown set to begin Wednesday could have significant economic repercussions, affecting everything from financial markets to federal services.

The S&P 500 index eased 0.3% last week as the Trump administration unveiled plans for new tariffs on pharmaceuticals, trucks and furniture. With two trading sessions remaining in September, the S&P is up 2.8% for the month and 13% this year.

U.S. trade policy just took a historic turn. Nvidia & AMD can sell AI chips to China again — but must give 15% of that revenue to Washington. Analysts say the move could unlock $20B+ in sales for Nvidia alone.
