Stock futures plunge as investors digest Trump’s tariffs
- Asian markets dropped sharply after U.S. President Donald Trump announced significant tariff increases on imports, including a 24% tariff on Japan and a 25% tariff on South Korea.
- China faced a new 34% tariff, raising its total tariff burden to 64%, according to the White House announcement.
- Market reactions included a fall in U.S. Crude prices and changes in currency values, signaling investor concern about the tariffs' impact.
- Analysts described the tariff announcement as a 'major shock' to the market, contributing to the downward trend in global markets.
374 Articles
374 Articles
Stocks slide after worst day since 2020 as world leaders count the cost of Trump's tariffs
What to KnowFallout from the Trump administration’s aggressive global tariff regime continues to hit global markets and frustrate geopolitics, with the president has shown no signs of backing down.Long-standing U.S. allies across most of the world’s largest economies reacted with a mixture of anger and despair as they vowed retaliatory tariffs and hinted at some of the measures they plan to use to soften the blow to their own economies.Countries…

Stocks slide as world leaders count the cost of Trump's tariffs
What to KnowFallout from the Trump administration’s aggressive global tariff regime continues to hit global markets and frustrate geopolitics, with the president has shown no signs of backing down.Long-standing U.S. allies across most of the world’s largest economies reacted with a mixture of anger and despair as they vowed retaliatory tariffs and hinted at some of the measures they plan to use to soften the blow to their own economies.Countries…
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