Global Markets Plunge as Trump Imposes Tariffs, World Leaders React
2025-04-03
ABC News
The global economy is reeling after President Donald Trump announced a series of tariffs on key trade partners, sparking a sharp decline in foreign stock markets. With a minimum baseline tariff of 10%, investors are bracing for a potential trade war, sending shockwaves through the international trade community. As trade tensions escalate, global leaders are speaking out against the tariffs, citing concerns over economic instability and potential retaliation. The move has significant implications for international trade, global markets, and the US economy, with experts warning of a looming trade war and its impact on global trade agreements.