Stocks Plunge Again as Trade War Intensifies
Markets reflected investors’ continued worries about the economic disruption of President Trump’s trade policies and retaliation by major trading partners. U.S. stocks are poised to open sharply lower.
Markets reflected investors’ continued worries about the economic disruption of President Trump’s trade policies and retaliation by major trading partners. U.S. stocks are poised to open sharply lower.
The BBC’s Business Correspondent Erin Delmore explains the New York Stock Exchange’s reaction to ‘Liberation Day’ tariffs.
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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The initial market reaction suggested that the scale of the tariffs had come as a surprise to investors around the world.
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The collapse of the Sky Villa complex in the Myanmar city of Mandalay buried an unknown number of people amid the earthquake on Friday that killed more than 2,700.