Global markets slide after Trump slaps huge reciprocal tariffs on 'Liberation Day'
Thursday, 3 April 2025 Asian markets and US stock futures experience significant drops after President Trump announces increased tariffs on global imports, aiming to boost US manufacturing. Market indices in Tokyo, South Korea, and Australia close lower, while US futures signal further declines. Analysts warn of potential negative economic impacts amidst already volatile markets.
In a shocking trade move, Donald Trump has imposed heavy tariffs on India, claiming that despite his friendship with PM Modi, India has treated the US unfairly with high import duties. The US President argues that this is a justified retaliation against India's "52% tariffs," hitting back with a 26%...
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The sharp correction earlier this month was triggered by US President Donald Trump’s announcement of reciprocal tariffs, which had a ripple effect across... Zee News
Global stock markets fell sharply as investors awaited President Trump's imminent tariff announcement, fearing a potential trade war. The announcement, dubbed... IndiaTimes
Rahul Gandhi criticized PM Modi, urging India to build a resilient, production-based economy amid US tariffs troubles. He highlighted Trump's tariffs causing... IndiaTimes