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Stocks tank, havens rally as Trump tariffs fan trade war

Energy Daily Thursday, 3 April 2025 ()
Hong Kong (AFP) April 3, 2025

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Tokyo's Nikkei led an Asian selloff, collapsing more than four percent, while US futures plunged, safe haven gold hit a record high and the yen jumped one percen
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Video Credit: euronews (in English) - Published
News video: German car makers brace for further Trump administration tariffs

German car makers brace for further Trump administration tariffs 02:13

German car makers brace for further Trump administration tariffs Germany is anticipating a trade war as President Donald Trump prepares a raft of punitive tariffs. How will the country's car manufacturers be affected? READ MORE :...

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