# Stocks Sink After a New Tariff Threat From Trump

> U.S. stocks gave back their gains after a new tariff threat from President Trump. Benchmark oil prices, which are sensitive to the global economic outlook, plunged 7%, and government bond yields fell.

- Date: 2019-08-01 · published 2019-08-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/8499-stocks-sink-after-a-new-tariff-threat-from-trump
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The tariff threat raises concern about global growth and energy demand, pushing crude lower. Risk-off moves also tend to strengthen the dollar, which pressures dollar-priced commodities.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -13.1% | -16.5% |
| WTI | 2019-08-01 | [Oil plunges, down more than 6% after Trump adds tariffs on China](https://feedsoft.ai/events/8495-oil-plunges-down-more-than-6-after-trump-adds-tariffs-on-china.md) | -12.7% | -4.7% |
| WTI | 2018-04-06 | [US oil closes 2.3% lower after Trump's latest China trade threats](https://feedsoft.ai/events/10843-us-oil-closes-2-3-lower-after-trump-s-latest-china-trade-threats.md) | +5.6% | +7.7% |
| WTI | 2025-04-09 | [Oil falls to lowest since 2021 as Trump's tariffs take effect](https://feedsoft.ai/events/6322-oil-falls-to-lowest-since-2021-as-trump-s-tariffs-take-effect.md) | +2.9% | -1.5% |
| WTI | 2019-05-31 | [Stock Up on Avocados – Mexico Tariffs Announced by Trump - Mansfield Energy](https://feedsoft.ai/events/10410-stock-up-on-avocados-mexico-tariffs-announced-by-trump-mansfield-energy.md) | -6.9% | +4.9% |
| BRENT | 2025-04-03 | [OIL FUTURES: Crude prices sink after Trump unveils sweeping new tariffs](https://feedsoft.ai/events/7296-oil-futures-crude-prices-sink-after-trump-unveils-sweeping-new-tariffs.md) | -12.8% | -18.2% |
| BRENT | 2019-08-01 | [Oil plunges, down more than 6% after Trump adds tariffs on China](https://feedsoft.ai/events/8495-oil-plunges-down-more-than-6-after-trump-adds-tariffs-on-china.md) | -13.9% | -6.4% |
| BRENT | 2018-04-06 | [US oil closes 2.3% lower after Trump's latest China trade threats](https://feedsoft.ai/events/10843-us-oil-closes-2-3-lower-after-trump-s-latest-china-trade-threats.md) | +6.4% | +9.1% |

## Sources

- nytimes.com: https://www.nytimes.com/2019/08/01/business/china-tariffs-donald-trump.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.