Dow Jones drops 1,400 points as US stock market leads global sell-off after Trump's tariffs spark recession fears
Thursday, 3 April 2025 () The US stock market saw a sharp decline as the Dow Jones Industrial Average fell by 1,400 points, or 3.3%, following President Trump’s new tariffs on imports. The S&P 500 and Nasdaq Composite also dropped, reflecting a global market sell-off. Economists warn these tariffs could lower US economic growth and increase inflation, potentially leading to a recession.
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...
In a fiery press conference, Senate Democrats launched a scathing attack on Donald Trump’s sweeping tariffs and the Republican-backed budget plan, calling it a "pincer of pain" that’s squeezing..
Canadian Prime Minister Mark Carney declared Canada ready to replace the U.S. as the world’s economic leader, slamming President Trump’s sweeping new tariffs. Ottawa has launched retaliatory..
European and US markets continue to drop after Trump's global tariffs
Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more..
Credit: euronews (in English) Duration: 01:10Published
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