Global markets in turmoil as Trump tariffs wipe $2.5trillion off Wall Street - News Summed Up

Global markets in turmoil as Trump tariffs wipe $2.5trillion off Wall Street


World leaders from Brussels to Beijing rounded on Mr Trump. READ MOREWhile Mr Trump timed his Wednesday evening Rose Garden address to avoid live tickers of crashing stock markets, that fate arrived when Asian exchanges opened hours later. Apple and Nvidia, two of the US’s largest companies by market value, lost a combined $470bn in value by midday. Commodities fell sharply, including a 7 per cent plunge in oil prices, reflecting growing concerns over the global economic outlook. Speaking to reporters on Thursday, Mr Trump said: “I think it’s going very well.


Source: The Irish Times April 04, 2025 18:29 UTC



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