Trump tariffs global economy

Wall Street Leads Markets Bloodbath, Trump Says, “It’s Going To Be Amazing”

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Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump’s trade war, while the White House insisted the US economy will emerge victorious. The S&P 500 dropped 4.8 per cent in its biggest loss since 2020. The tech-rich Nasdaq plummeted 6.0 per cent and the Dow Jones … Read more

US Tariffs Pose “Significant Risk To Global Outlook”, Warns IMF

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Trump declared a national economic emergency and announced tariffs of at least 10% across all countries. Washington: IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the first from the IMF chief after … Read more