Global markets faced a significant downturn on Monday as U.S. President Donald Trump’s tariff policies continued to cause turmoil. Major stock indexes plummeted as Trump remained steadfast in his approach to imposing sweeping tariffs on various countries.
The impact was felt across continents, starting in Asia where Hong Kong’s Hang Seng saw a steep decline of 12 percent. Other Asian markets such as Taiwan, Japan, China, India, and South Korea also experienced significant slides. The situation was mirrored in Europe, with Germany’s DAX dropping approximately 10 percent at the opening of trading.
The uncertainty surrounding Trump’s tariff plans has shaken investor confidence, leading to widespread sell-offs and fluctuations in the stock market. The escalating trade tensions between the U.S. and its trading partners have raised concerns about the potential economic consequences of a trade war.
As the situation continues to unfold, investors and analysts are closely monitoring developments to assess the long-term impact on global markets. The ongoing tariff turmoil has prompted fears of further instability and volatility in the financial markets, highlighting the interconnected nature of the global economy.
For more news and updates on this developing story, stay tuned to DW News.
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Video “Markets fall as Trump tariffs turmoil deepens | DW News” was uploaded on 04/07/2025 to Youtube Channel DW News