Markets in Asia and Europe fall following U.S. announcement of global tariffs
Shares tumbled in Europe and Asia and U.S. futures tumbled Thursday following U.S. President Donald Trump 's announcement of big increases in tariffs on imports of goods from around the world.
Shares tumbled in Europe and Asia and U.S. futures tumbled Thursday following U.S. President Donald Trump 's announcement of big increases in tariffs on imports of goods from around the world.
(Image credit: Ahn Young-joon)
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- Higher prices are likely for these 10 grocery items when tariffs hitA trip to the grocery or liquor store is about to become even more expensive, economists say. From seafood to olive oil, these items will likely cost more under President Trump's tariffs.
- Stocks sink in another brutal day, as Trump's tariffs send global shockwavesInvestors, businesses and consumers all seem terrified of how President Trump's tariffs could upend the global economy.
- Trade war escalates as China hits back with 34% tariffs on all U.S. goodsAnalysts say the escalating trade tensions between the U.S and China will make a near-term deal to end the trade war "highly unlikely".
- A 'beacon' or a 'roulette'? Chinese America watchers see opportunities and pitfallsSome of China's America watchers see opportunities for their country in the United States' retreat from international institutions. Others see distractions and pitfalls.
- Former Costa Rican president says visa may have been revoked over criticism of TrumpFormer Costa Rican President Óscar Arias Sánchez, who likened President Trump to "Roman emperor" earlier this year, says he fears the U.S. revoked his visa over criticisms of Trump.
- Morning news briefBusinesses and markets reeling from Trump's expanded trade war, small retailers in the U.S. react to the new Trump tariffs, Trump downplaying the role of far-right activist in firings of NSC staff.