See every side of every news story
Published loading...Updated

‘Ugly week’: How NZ shares weathered the storm of US tariff turmoil

  • Financial markets globally declined sharply due to concerns about President Donald Trump's new tariffs, with the S&P 500 dropping 4.8% as fears of a global recession grew.
  • Prime Minister Mark Carney announced Canada would impose matching tariffs on non-compliant U.S. Vehicles, stating, 'We must respond with both purpose and force.'
  • Portfolio manager Ron Aloni advised that investors are shifting towards safer assets like government bonds, urging caution amid ongoing market volatility.
  • Experts predict ongoing volatility in markets as uncertainty from Trump's economic decisions disrupts stability, with questions remaining about the future of affected industries.
Insights by Ground AI
Does this summary seem wrong?

48 Articles

All
Left
10
Center
3
Right
6
Newcastle HeraldNewcastle Herald
Reposted by
illawarramercury.com.auillawarramercury.com.au
Lean Left

'Absolute bloodbath': ASX loses $96 billion in two days

Equity markets are a sea of red in the wake of US President Donald Trump's "Liberation Day" tariff...

·Newcastle, Australia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources lean Left
53% Left
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

El Diario Montañes broke the news in on Thursday, April 3, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.