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Markets devastated as recession fears grow over Trump tariff plan

Global markets plunged on April 4, 2025, due to new tariffs and recession fears.
President Trump's announcement of new tariffs on most nations triggered the market decline.
The Dow fell 2,231.07 points, the S&P 500 dropped 5.97%, and the Nasdaq fell 5.8%.
China retaliated before markets opened with a 34% tariff on U.S. Goods, contributing to losses.
Analysts warn of potential economic contraction; WTO suggests a possible 1% global trade drop.

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ABC Australia

Lean Left

Australian share market set to dive as threat of US recession grows

With US President Donald Trump's tariffs risking a global trade war and a US recession, the Australian share market is set to dive when it opens on Monday morning.

6 hours ago·Australia

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Bloomberg

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What to Do With Your Money Right Now as Tariffs Reshape Markets

US consumers and investors are in a tough spot as stocks plunge across the globe, recession odds surge and higher prices loom for a wide swath of products.

12 hours ago·United States

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Newsday

Center

On Long Island, concerns about economy as stock markets sink, tariffs take hold

The bigger worry for most Long Islanders of working age is a recession, a financial adviser said.

16 hours ago·United States

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The Rio Times

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Global Recession Fears Hammer Brazilian Stock Market

The Brazilian stock market plunged on April 4, 2025, as global economic fears rattled investors. The Ibovespa index dropped 2.96%, closing at 127,000 points, marking one of its steepest declines this year. The fall followed U.S. President Donald Trump’s announcement of new tariffs, which heightened concerns about a global recession and triggered sell-offs in markets […]

17 hours ago·Brazil

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CLG News

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Dow plunges over 2,000 points, Nasdaq enters into bear market on tariff and recession fears – CLG News

Dow plunges over 2,000 points, Nasdaq enters into bear market on tariff and recession fears | 4 April 2025 | Two days of market carnage wrapped up one of the most volatile weeks for U.S. stocks since 2020, the height of COVID, as U.S. tariffs and retaliation spook global investors. The S&P 500 slipped deeper into correction territory, falling 5.9% on Friday. There was a similar pattern for the Dow Jones Industrial Average, which lost 2,231 point…

19 hours ago

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