Stock markets drop sharply after Trump tariffs - with one index set for worst day since COVID

Credit: Sky News- Published 5 days ago
Stock markets around the world opened to sharp lows after Donald Trump announced sweeping tariffs - with some economists now fearing a recession.

Video credit: Oneindia
Published 3 days ago -  03:03
Trump Vows Tariffs ‘Will Never Change’ as Global Backlash Grows, Markets Crash, and Allies Retaliate
US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions. #TrumpTariffs #TradeWar #USChinaTensions #GlobalMarkets #StockCrash #ImportDuties #AmericaFirst #WTO #TradePolicy #USPolitics #JeromePowell #EconomicNews #CanadaTariffs #EUResponse #GlobalRecession #TruthSocial #InflationFears #BusinessNews #TrumpEconomy #Protectionism ~HT.410~

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