Shares of banking companies are trading lower amid overall market weakness after President Trump announced plans to raise global tariffs to 15% and commented that he does not need Congressional approval for tariffs.

Axos Financial, Inc. +0.86%
Bank of America Corp +1.82%
Banner Corporation -1.12%
Barclays PLC Sponsored ADR -0.04%
Banco Santander (Brasil) S.A. Sponsored ADR -1.24%

Axos Financial, Inc.

AX

94.77

+0.86%

Bank of America Corp

BAC

54.32

+1.82%

Banner Corporation

BANR

63.35

-1.12%

Barclays PLC Sponsored ADR

BCS

23.91

-0.04%

Banco Santander (Brasil) S.A. Sponsored ADR

BSBR

6.37

-1.24%

Shares of banking companies are trading lower amid overall market weakness after President Trump announced plans to raise global tariffs to 15% and commented that he does not need Congressional approval for tariffs.