Stock futures plunge as investors digest Trump’s tariffs
- U.S. President Donald Trump announced significant increases in tariffs on imports, causing Asian markets and U.S. Futures to plummet.
- Trump imposed a 24% tariff on imports from Japan and a 25% tariff on South Korea, contributing to market declines.
- The tariffs on China increased to 34%, raising its total tariff burden to 64%.
- Investors reacted negatively, with the S&P 500 index down almost 10% from its all-time high.
327 Articles
327 Articles
Tariffs: World stock exchanges go down and investors flee to active shelter
There is no mood in the markets and investors flee from equity income in direct reaction to the tariffs announced yesterday by Donald Trump. Money flows take refuge in the fear generated by US tariffs on products imported into that country. And while the announcement was widely expected by experts, the truth is that tariff barriers ended up being much harder than anticipated. Economists now expect retaliation measures against the US, the escalat…
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