Wall Street reacts to Trump’s reciprocal tariffs

News Snapshot:

(Reuters) - President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy. Trading partners are expected to respond with countermeasures that could lead to dramatically higher prices for everything from bicycles to wine. SETH GOLDSTEIN, MORNINGSTAR ANALYST ON U.S. CHEMICALS "I see lower volumes as a result of tariffs. The tariffs will likely be passed along to raise price of end-market products to consumers. In turn,...