Trump prices arouse fears of a global slowdownPosted at 04:59 British Summer Time
Johanna Chisholm
Live pages editor
Image source, Getty imagesDonald Trump’s tariff offensive proves for a second day to thwart investors hopes that economic stability would return before the end of the week.
The announcement by the American president of a 10% levy on almost all American imports from tomorrow, and higher rates on some of the largest American trade partners from April 9, sent shock waves via global markets on Thursday.
In the United States – the country whose president launched this collapse in his attempt to redo the world economic order – Wall Street has undergone its greatest loss of a day since June 2020.
This downward trend seems ready to continue for a second day – as we will hear more on our next article, actions in Asia -Pacific have dropped for a second day after heavy defeats the day before.
We also continue to follow the reaction of world leaders. From Brussels to Beijing, we will bring you the last people on how different countries are preparing to respond to the climbing of Trump’s trade war.
