Stocks tank, havens rally as Trump tariffs fan trade war
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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