European shares plunge to 16-month low as China retaliates to Trump tariffs
- President Donald Trump’s tariffs have led to predictions of a 60% chance of a US recession, according to JP Morgan.
- Transport Secretary Heidi Alexander stated that global tariffs are 'bad news for the global economy,' as they hurt demand and consumers.
- JP Morgan raised the odds of a US recession to 60% following the tariff announcement, indicating economic uncertainty.
- Trump acknowledged potential market declines but emphasized the need for tariffs, stating, 'sometimes you have to take medicine to fix something'.
180 Articles
180 Articles
Is it a financial crisis? How to classify the situation on the stock exchanges
The US under Trump is not the first country to try to strengthen its own economy with tariffs. This has never worked so far. The NZZ chief economist Peter Fischer explains why the stock markets are falling so low and how individual investors should react.
"I could imagine that markets will crash by twenty percent again."
Stock market crashes often come out of nowhere. This came from Trump, with an announcement. And in New York many believe it's not over for a long time. A crisis meeting with the head of the world's largest asset manager.
Danish stocks rise after days of sharp declines
The largest Danish stocks have taken a serious hit in recent days and weeks in connection with the introduction of tariffs on goods imported into the United States. But on Tuesday things brightened for the Danish C25 stock index, the...
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