US EditionTrump tariffs live: Global equity sell-off deepens as investors rotate into haven assets
- A global markets selloff worsened on Friday, fueled by falling US stocks after China retaliated against Donald Trump's tariffs.
- The selloff resulted in a historic market downturn, with the S&P 500 experiencing its largest decline since 2020.
- Donald Trump defended the tariffs, stating that the market's decline is expected and that it will 'boom' as the economy recalibrates.
- Concerns over global trade retaliation grew, with significant fears of a global downturn rising.
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Global stock selloff deepens following Trump’s tariff blitz
The NewsA global markets selloff deepened Friday, with plummeting US stocks futures indicating a dire day for Wall Street after China retaliated against US President Donald Trump’s tariff blitz. In the US, S&P 500 futures fell 3%, while Europe’s stock benchmark erased its gains for the year and Asian markets were sharply down on mounting fears of a global downturn. It comes after the S&P 500 suffered its worst one-day slump since 2020 on Thursda…
·New York, United States
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Sun Newspapers+20 Reposted by 20 other sources
Stocks extend global rout after Trump's shock tariff blitz
Equities widened losses in Asia and Europe on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears.
·Florida, United States
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Total News Sources32
Leaning Left6Leaning Right5Center5Last UpdatedBias Distribution38% Left
Bias Distribution
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38% Left
L 38%
C 31%
R 31%
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