{"id":227183,"date":"2025-07-11T12:28:18","date_gmt":"2025-07-11T16:28:18","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=227183"},"modified":"2025-07-14T06:06:46","modified_gmt":"2025-07-14T10:06:46","slug":"equities-descend-from-records-on-renewed-trump-tariff-threats","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/","title":{"rendered":"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025"},"content":{"rendered":"\n<p>A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action. The Commander in Chief alluded to blanket levies between 15% and 20% on a set of nations, while mentioning fentanyl smuggling as justification to raise Canada\u2019s import tax to 35%. Meanwhile, the Vietnamese government didn\u2019t expect duties to be as high as 20% in the deal announced by the US leader earlier this month and is trying to lower the level. On a quiet day from an economic calendar perspective, market moves are being influenced by Washington. Investors are reducing their equity exposures in all sectors minus energy while also selling debt across the yield curve as the Treasury complex shifts north in bear-steepening fashion led by the long-end due to a climb in inflation expectations. Conversely, commodities are experiencing strong interest, with all majors advancing ex copper, while the greenback, bitcoins, forecast contracts and volatility protection instruments also catch bids.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-heavy-data-week-coming-up\"><strong>Heavy Data Week Coming Up<\/strong><\/h2>\n\n\n\n<p>This week\u2019s market moves were motivated by Washington developments because there was a lack of highly influential economic reports. But the next seven days are a different story, with a long list of impactful data prints on the calendar. Top of mind will be a trio of inflation publications with indices for consumer prices, wholesale charges and trade costs on deck from Tuesday to Thursday. Economists and traders alike will be closely watching to see if Trump tariffs are making their way into supply chain or final shelves and use that information to assess the pace of the Fed\u2019s journey down the monetary policy stairs. Growth will&nbsp;be a major focus, too, and important consumption and labor figures are also on the buffet table with retail sales, consumer sentiment and unemployment claims timed for release. Additionally, they&#8217;ll be some updates from the rate-sensitive real estate and manufacturing sectors as homebuilder confidence, housing starts, building permits, industrial production and Fed regional surveys are on deck. A desirable scenario for equity investors that could lead to fresh records would be robust spending numbers, tempered layoffs and subdued price pressures, all of which could contribute to incremental dovishness from a plethora of Fed speakers expected to deliver remarks. Stock bears, on the other hand, will be looking for waning household expenditures alongside climbing cost forces, which could reignite stagflation fears and delay the central bank\u2019s descent to a lighter benchmark.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-international-roundup\"><strong>International Roundup<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-uk-data-points-to-slowing-economy\"><strong>UK Data Points to Slowing Economy<\/strong><\/h3>\n\n\n\n<p>The UK\u2019s economy continued to contract in May with industrial production, manufacturing and construction pushing the country\u2019s gross domestic product down for the second-consecutive month. On a positive note, however, the country\u2019s trade deficit narrowed slightly in May even as trade angst has lingered due to President Trump implementing tariffs as he seeks to increase the onshoring of manufacturing.<\/p>\n\n\n\n<p>Regarding overall growth, gross domestic product (GDP) declined 0.1% month over month (m\/m) in May, according to the Office for National Statistics. It was a slower contraction than the 0.3% dip in April, but below the economist consensus for an increase of 0.1%. On a year-over-year basis, GDP was up 0.7%, matching the forecast but decelerating from the preceding month\u2019s 1.1% advance.<\/p>\n\n\n\n<p>For the period running from March to the end of May, GDP was up 0.5% relative to the three-month time span ended in April. That was slightly better than the economist estimate of 0.4% but weaker than the 0.7% pace in the prior period.<\/p>\n\n\n\n<p>GDP was hit by the headwinds of weak construction and goods production. Industrial production sank 0.9% m\/m and 0.3% y\/y in May, much worse than estimates of -0.1% and 0.1%. In April, production was down 0.6% m\/m but up 0.3% y\/y.<\/p>\n\n\n\n<p>Manufacturing output was somewhat mixed with the m\/m May decline of 1% easing from April\u2019s 0.7% drop but falling below the estimate for a 0.1% contraction. Compared to the year-ago period, manufacturing advanced only 0.3%, slower than the preceding period\u2019s 1.3% gain and missing the economist consensus forecast of 0.4%.<\/p>\n\n\n\n<p>In a positive development, the country\u2019s May trade gap, furthermore, narrowed from \u00a322.42 billion in April to \u00a321.69 billion compared to the estimate of \u00a321.10 billion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-canada-s-job-growth-outperforms-expectations\"><strong>Canada\u2019s Job Growth Outperforms Expectations<\/strong><\/h3>\n\n\n\n<p>Canada\u2019s Labour Force Survey this morning was encouraging while a separate release showed an uptick in building approvals. After adding 57,700 full-time workers in May, the economy added an additional 13,500 last month. While the number decelerated, total payroll additions, which include part-timers, increased by 83,100, substantially above the estimate of only 900 and May\u2019s 8,800. &nbsp;It was the first significant increase to payrolls this year. The job additions pushed the country\u2019s unemployment rate down from 7% in May to 6.9% last month. Economists expected the result to climb to 7.1%. The drop occurred despite the labor pool expanding with the participation rate moving marginally from 65.3% to 65.4%. Average hourly wages, meanwhile, climbed 3.2% y\/y after a 3.5% gain in May.<\/p>\n\n\n\n<p>The country\u2019s construction industry, furthermore, looks poised for growth with building permits in May increasing 12% m\/m after falling 6.8% in April. Today\u2019s print was much stronger than the 1.5% decline anticipated by a consensus of economists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action. <\/p>\n","protected":false},"author":903,"featured_media":219418,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12711,18,6,8,9,26,3],"tags":[199],"contributors-categories":[13760],"class_list":{"0":"post-227183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ibkr-economic-landscape","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"tag-tariffs","15":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025<\/title>\n<meta name=\"description\" content=\"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/227183\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-11T16:28:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-14T10:06:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jose Torres\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Jose Torres\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\"\n\t            },\n\t            \"headline\": \"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025\",\n\t            \"datePublished\": \"2025-07-11T16:28:18+00:00\",\n\t            \"dateModified\": \"2025-07-14T10:06:46+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/\"\n\t            },\n\t            \"wordCount\": 865,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/trade-war-featured-img.jpg\",\n\t            \"keywords\": [\n\t                \"tariffs\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"IBKR Economic Landscape\",\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/\",\n\t            \"name\": \"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025 | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/trade-war-featured-img.jpg\",\n\t            \"datePublished\": \"2025-07-11T16:28:18+00:00\",\n\t            \"dateModified\": \"2025-07-14T10:06:46+00:00\",\n\t            \"description\": \"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/ibkr-economic-landscape\\\/equities-descend-from-records-on-renewed-trump-tariff-threats\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/trade-war-featured-img.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/03\\\/trade-war-featured-img.jpg\",\n\t            \"width\": 1000,\n\t            \"height\": 563,\n\t            \"caption\": \"Tariff Implementation Punishes Risk Assets, Drives Recession Fears: March 4, 2025\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/92c2be3b6162d92fb996417221509b6e\",\n\t            \"name\": \"Jose Torres\",\n\t            \"description\": \"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025","description":"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/227183\/","og_locale":"en_US","og_type":"article","og_title":"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025 | IBKR Campus US","og_description":"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/","og_site_name":"IBKR Campus US","article_published_time":"2025-07-11T16:28:18+00:00","article_modified_time":"2025-07-14T10:06:46+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","type":"image\/jpeg"}],"author":"Jose Torres","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jose Torres","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/"},"author":{"name":"Jose Torres","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e"},"headline":"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025","datePublished":"2025-07-11T16:28:18+00:00","dateModified":"2025-07-14T10:06:46+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/"},"wordCount":865,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","keywords":["tariffs"],"articleSection":["IBKR Economic Landscape","Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/","name":"Equities Descend from Records on Renewed Trump Tariff Threats: July 11, 2025 | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","datePublished":"2025-07-11T16:28:18+00:00","dateModified":"2025-07-14T10:06:46+00:00","description":"A fresh set of tariff threats from President Trump is weighing on risk appetites to finish the week as stocks descend from new records reached in yesterday\u2019s trading action.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/ibkr-economic-landscape\/equities-descend-from-records-on-renewed-trump-tariff-threats\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","width":1000,"height":563,"caption":"Tariff Implementation Punishes Risk Assets, Drives Recession Fears: March 4, 2025"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/92c2be3b6162d92fb996417221509b6e","name":"Jose Torres","description":"Jos\u00e9 Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, Jos\u00e9 spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, Jos\u00e9 frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. Jos\u00e9 has also been a professor of economics at the City University of New York and holds a master\u2019s degree in financial economics from West Texas A&amp;M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/jose-torres\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/03\/trade-war-featured-img.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/227183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/903"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=227183"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/227183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/219418"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=227183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=227183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=227183"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=227183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}