US EditionGlobal stocks and US futures plunge as Trump tariffs reverberate across the world
- U.S. Stock futures fell sharply, with S&P 500 futures down 2.8%, indicating ongoing market turmoil, as reported by NBC News.
- China announced a 34% tariff on all U.S. Goods in response to U.S. Tariffs set to rise on Chinese imports starting this Thursday, according to the Commerce Ministry in Beijing.
- President Donald Trump expressed little intention of reversing tariff increases, stating that tariffs are necessary to address financial deficits, with some economists labeling them a mistake.
- Many economists believe the tariffs are a mistake, despite Trump's claim that tariffs are necessary to address financial deficits with China and Europe.
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705 Articles
The Elkhart Truth
Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 percent as sweeping measures against the United States' dozens of partners are set to come into effect.
Markets worldwide take another dive as Trump threatens higher tariffs on China • Kansas Reflector
President Donald Trump is displayed on a television screen as traders work on the floor of the New York Stock Exchange on April 7, 2025, in New York City. (Photo by Spencer Platt/Getty Images)WASHINGTON — Global markets plummeted Monday for the third consecutive trading day since President Donald Trump announced his “Liberation Day” tariffs — and the administration gave mixed signals on meeting other nations at the negotiating table. U.S. stock…
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