Global Markets React to Trump’s Tariff Announcements

Global financial markets experienced significant turbulence following former President Donald Trump's recent announcements regarding new tariffs. Stock markets in Asia and Europe saw sharp declines, with investors reacting to the potential impact of these tariffs on international trade. The U.S. stock futures also tumbled, reflecting widespread concern over the economic implications of Trump's policy.

Analysts from major financial institutions, including investment banks, have expressed worries about the potential for a broader economic downturn. The tariffs, aimed at protecting domestic industries, have sparked fears of retaliatory measures from other countries, which could escalate into a full-blown trade war. This uncertainty has led to a significant plunge in stock market indices, affecting investors worldwide.

The European markets, in particular, have been hit hard, with several key indices dropping to their lowest levels in months. The situation remains fluid, with ongoing discussions and negotiations expected to influence market sentiments in the coming days.

• Asia
• Donald Trump
• Europe
• Investment Banks

Detailed

European stocks tank 4% as global tariff rout deepens; Rheinmetall drops 5%

5 hours ago

- cnbc

Global markets plunge on Trump’s tariff turmoil

5 hours ago

- cnn

Historic stock market rout continues, with no end in sight

6 hours ago

- axios

Trump Tariffs Live Updates: Global Stocks and U.S. Futures Drop as Trade War Intensifies

5 hours ago

- nytimes

Asian stocks see their worst drop in decades after Trump tariffs

7 hours ago

- bbc

Related issues news

What are futures in the stock market?

Futures for the Russell 2000, which tracks the stocks of smaller companies, were off around 4.4%. Futures markets, which are a way for traders to move stocks when the major exchanges are closed, are an implied measure for how stocks will act when the markets do open, generally at 9:30 a.m. ET weekdays.

What is a trade war?

A trade war is an economic conflict often resulting from extreme protectionism, in which states raise or implement tariffs or other trade barriers against each other as part of their commercial policies, in response to similar measures imposed by the opposing party.

When is the stock market open?

The NYSE is open from Monday through Friday 9:30 a.m. to 4:00 p.m. Eastern time. The NYSE may occasionally close early, either on a planned or unplanned basis.

What time do futures open?

What are the trading hours for Equity Index futures? Sunday – Friday 5:00 p.m. – 4:00 p.m. Central Time (CT) with a trading halt from 4:00 p.m. – 5:00 p.m. CT.