Embed Notice

─────
Global markets in turmoil as Trump tariffs wipe $2tn off Wall Street
[...]
Drawing comparisons with the market crashes at the height of the coronavirus pandemic and the 2008 financial collapse, the sell-off swept the globe [...].

When New York trading opened, the S&P 500 index of the US’s leading companies fell by as much as 4.3% in morning trading, with the tech-heavy Nasdaq fund down 5.1%.

[...] Trump said: “I think it’s going very well. It was an operation like when a patient gets operated on and it’s a big thing. I said this would be exactly the way it is … We’ve never seen anything like it. The markets are going to boom. The stock is going to boom. The country is going to boom.”
─────
https://www.theguardian.com/business/2025/apr/03/global-markets-turmoil-trump-tariffs-wall-street-downturn