US STOCKS-Wall St tumbles as Trump tariff threat adds to pandemic woes [Reuters]
Exxon Mobil Corporation (XOM)
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Source: Reuters
Wall St. tumbles as Trump tariff threat adds to pandemic woes (Reuters) - A Wall Street selloff deepened on Friday as President Donald Trump threatened to impose new tariffs on Beijing over the coronavirus crisis, compounding fears about the pace of an economic recovery from a looming recession. Trump’s threat pulled attention back to the trade war between the world’s two largest economies, which have slapped tit-for-fat tariffs on each other’s goods and kept global financial markets on tenterhooks for nearly two years. While the two sides reached a so-called Phase-1 trade deal in January, tariffs of up to 25% have remained on some $370 billion worth of Chinese goods imports annually. “A rise in tension between China and the U.S. certainly could have a negative impact on the U.S. economy and business confidence, which is already hurt due to shutdowns,” said Carin Pai, director of equity management at Fiduciary Trust International in New York. Investors are also nervous after grim manu
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XOM
Earnings
- 10/31/25 - Beat
XOM
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- XOM's page on the SEC website