US EditionUS stock market drops sharply in early trading after Trump unveils global tariffs
- Equity markets experienced a sharp decline after Donald Trump announced significant tariffs on imports aimed at correcting trade deficits.
- Trump imposed tariffs of 34% on China, 20% on the European Union, and 24% on Japan as part of his trade policy.
- Market reactions included a drop in the S&P 500 by more than 3%, and global equity markets plunged, with the Dow dropping by 2.4% and the Nasdaq declining by over 4%.
- China vowed to respond with 'countermeasures,' and Japan expressed concerns, calling the decision 'extremely regrettable.
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Stocks plummet as a result of Trump’s tariffs
The introduction of tariffs, as announced by President Donald Trump on April 2, has caused investors to go into a tailspin, resulting in losses of an incredible $4 trillion (€3.6 trillion) in market value. This is compared with the peak of the S&P 500 just under a month ago when Wall Street appeared to be full of optimism about Trump and his policy agenda. Conversely, the introduction of new… Source
·Spain
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The Dow Jones Industrial Average fell by more than $1,600 at one point, the biggest intraday drop this year.
[NHK] Immediately after trading began on the 3rd, sell orders swelled across a wide range of stocks, including retail, and the Dow Jones Industrial Average temporarily dropped to 1,600 dollars...
·Tokyo, Japan
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Total News Sources377
Leaning Left63Leaning Right33Center102Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 32%
C 52%
R 17%
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