Threat of deepening trade war on eve of Trump’s ‘Liberation Day’ spooks investors across Asia-Pacific and Europe
Stock markets across the world fell heavily on Monday after Donald Trump suggested that new tariffs he is set to announce this week would hit “all countries”.
Shares fell across Asia-Pacific markets and in Europe after the US president crushed hopes that “reciprocal tariffs” expected on Wednesday would only target countries with the largest trade imbalances with the US.
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