US EditionUS stocks tumble 5% as markets react to Trump’s global tariff plan
- U.S. Stocks plummeted on Friday as investors reacted to President Trump's new tariff plan.
- Trump's announcement of sweeping global tariffs on imports heightened trade war escalation fears.
- The Dow Jones Industrial Average fell below 40,000, and China retaliated with 34% tariffs on U.S. Imports starting April 10.
- Trump stated, "To the many investors that come to the United States and invest huge amounts of money, my policies will never change."
- Economists predict higher inflation and slower growth with some analysts estimating a 60% chance of a U.S. Recession.
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European and US markets continue to drop after Trump's global tariffs
Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.
·France
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‘Bloodbath': ‘Reckless’ Trump hammered as markets plunge for second straight day
Economic uncertainties over President Donald Trump’s sweeping tariffs sparked a second straight day of the markets continuing to plunge amid fears that the tariffs could unleash a global trade war and cause a recession.The damage resulted in historic lows in the Dow Jones Industrial Average, which d...
·United States
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Coverage Details
Total News Sources26
Leaning Left6Leaning Right2Center7Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 40%
C 47%
13%
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