Stock markets stumble as global trade faces more Trump tariff uncertainty

By Kalyeena Makortoff in New York•The Guardian - UK News

US president’s international trade war spooks investors, with drops in US share prices after European lossesTrump threatens ‘obnoxious’ tariffs as UK and EU seek clarity on trade dealsStock markets stumbled on Monday as Donald Trump pushed ahead with fresh tariffs on the US’s trading partners despite a supreme court strike-down and growing opposition from domestic voters.Uncertainty over the status of global trade deals spooked investors, triggering a drop in US shares prices including on the Dow Jones industrial average, which tumbled 1.6% by Monday’s closing. The S&P 500 and Nasdaq 100 fell 1.4% and 1.1%, after losses for European stock markets. Continue reading...

US president’s international trade war spooks investors, with drops in US share prices after European losses

Trump threatens ‘obnoxious’ tariffs as UK and EU seek clarity on trade deals

Stock markets stumbled on Monday as Donald Trump pushed ahead with fresh tariffs on the US’s trading partners despite a supreme court strike-down and growing opposition from domestic voters.

Uncertainty over the status of global trade deals spooked investors, triggering a drop in US shares prices including on the Dow Jones industrial average, which tumbled 1.6% by Monday’s closing. The S&P 500 and Nasdaq 100 fell 1.4% and 1.1%, after losses for European stock markets.

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