MARKETS
Global markets tumble following Trump tariffs
April 7, 2025 - The bloodbath unleashed on global financial markets by President Trump’s tariffs continues, with Asian stocks plummeting as shockwaves reverberate around the world.
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The bloodbath unleashed on global financial markets by President Trump’s tariffs continues, with Asian stocks plummeting as shockwaves reverberate around the world – many markets there were closed for a public holiday on Friday.
As a region that manufactures many of the goods sold to the rest of the world, Asia is being targeted directly by the tariffs, sending markets from Shanghai to Sydney plunging, and seeding fears that they could spark a recession.