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Stock futures plunge as investors digest Trump’s tariffs

  • Asian markets and U.S. Futures dropped significantly following President Donald Trump's announcement of substantial tariff increases on imports.
  • A 24% tariff was imposed on Japan's imports, while South Korea faced a 25% tariff, leading to market declines.
  • China faced a new 34% tariff, raising its total tariff load to 64% due to previous measures.
  • U.S. Crude oil prices fell by over $2, reflecting market reactions to the tariffs announced by Trump.
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Markets in turmoil after Trump's tariffs

Global markets are in turmoil as the world tries to come to grips with Donald Trump's sweeping tariffs.

·Australia
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AMBCrypto broke the news in on Wednesday, April 2, 2025.
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