US EditionDow craters by 2,231 points as Trump tariffs stir stock sell-off
- Sweeping tariffs announced by President Trump triggered a sharp sell-off in global markets.
- The tariffs stemmed from the U.S. Administration's desire to protect domestic industries.
- Stock markets plunged, and trading partners voiced strong opposition, fearing a trade war.
- The Dow Jones fell 2,200 points, and Ursula von der Leyen called it a "major blow."
- Analysts warn of economic harm and instability, with potential consequences for consumers globally.
29 Articles
29 Articles
Japanese stocks continue to see a chain of selling; US fear index reaches crisis-like levels
U.S. President Trump's "reciprocal tariffs" have caused the Nikkei average to plummet. It is expected to start the week with a decline as well, and the focus will be on whether the Nikkei can hold onto the low of 31,458 yen, which was reached in August 2024 when it recorded its biggest drop ever. The U.S. "fear index," which indicates the degree of market tension, has risen to levels similar to past crises, and the market is likely to remain tur…
‘Black Monday’ of 1987 ahead? Expert warns of ‘bloodbath’ in global markets on April 7 amid Trump tariff turmoil
Expert warns of a potential ‘bloodbath’ in global markets on April 7 amid Trump tariff turmoil. The warning comes after the US stock markets witnessed their worst trading session and the largest drop since the COVID-19 global pandemic.
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