Shares in Asia track European markets lower on concern over Trump
President Trump threatened tariffs starting at 10% on February 1 against eight European countries over Greenland, causing a major global market sell-off and a 28% spike in volatility.
- Asian equities dropped 0.5% and S&P 500 futures fell 1.1% as President Donald Trump's tariff threats over Greenland ignited trade tensions.
- European shares experienced their largest decline since November following Trump's announced tariffs.
- Japanese Prime Minister Sanae Takaichi announced an early election, resulting in a rise to 4% in 40-year bond yields.
- French President Emmanuel Macron plans to activate the EU's anti-coercion instrument in response to Trump's actions.
113 Articles
113 Articles
US STOCKS-Wall Street ends lower amid global selloff on Trump Greenland tariff threats
All three major Wall Street indexes closed well down on Tuesday, joining other global stock markets in a broad selloff triggered by concerns that fresh tariff threats from President Donald Trump against Europe could signal renewed market volatility.
Trump threatens NATO members with tariffs paid almost entirely by Americans
President Donald Trump is threatening NATO member countries with higher tariffs if they refuse to back an American acquisition of Greenland. But Trump's efforts are unlikely to be persuasive for one simple reason: Americans have borne the greatest burden of Trump's tariffs, not foreign exporters. The Kiel Institute for the World Economy, a nonpartisan German think tank, released a report on Monday finding that American importers and consumers bo…
Markets meet Trump's anniversary with dramatic plunge
The stock market took a dive on the one-year anniversary of President Donald Trump's return to the White House as investors braced for a global clash over his threats against Greenland.The Dow Jones Industrial Average plummeted by more than 600 points, while the S&P; 500 fell by 1.5 percent and the ...
ASX set to slide, Wall Street slumps on Trump’s tariffs threat
Stocks slumped on Wall Street after President Donald Trump threatened to hit eight NATO members with new tariffs as tensions escalate over his attempts to assert American control over Greenland.
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