Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war, while the White House insisted the US economy would emerge victorious. The Dow Jones dropped 3.75 percent and the S&P 500 plummeted more than four percent. The Nasdaq took the worst hit, falling more than five percent. Shock
Countries vowed on Thursday to hit back at US President Donald Trump's global tariffs onslaught, but left the door open to negotiations as markets tumbled over fears his trade war would damage the world economy. Trump spared almost no nation on his "Liberation Day", hitting friends and foes alike and reserving some of the harshest tariffs for major
Bernard Grech urged the government to take a strong stand over the US's raft of punishing tariffs announced on Wednesday. The PN leader called on the government to defend consumers and the industry after President Donald Trump reserved some of the heaviest blows for what he called the "nations that treat us badly". This includes a 20 percent on key
Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer. But responses were measured, highlighting a lack of appetite among key trading partners for an outright trade war with the world's biggest economy. Trump said the import taxes,
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners - a 34% tax on imports from China and 20% on the European Union, among others - that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars. Trump, in a Rose Garden announcement, said he was placing elevated
On Wednesday (yesterday), the US introduced sweeping tariffs targeting all its major trading partners. President Donald Trump has called it Liberation Day. In Europe, it’s widely seen as the belligerent act of a president who is mad or foolish. If Europe is going to get through the next four years, we need to restore good sense to our appraisal. No
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners. Trump said that a baseline tariff of 10 percent would be imposed on imports from a wide range of other countries, such as the UK, but that some would come under far
US President Donald Trump is poised to unveil sweeping new "Liberation Day" tariffs on Wednesday, but kept the world guessing until the last minute about the scope of an onslaught that could spark a global trade war. Trump will roll out the measures flanked by cabinet members in the Rose Garden of the White House at 4pm (2000 GMT) - after Wall Street