this post was submitted on 03 Apr 2025
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Economics

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Global stock markets fall and dollar dives as Trump tariffs push investors to safe assets (www.theguardian.com)
submitted 2 days ago by [email protected] to c/[email protected]
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Summary

Global stock markets fell sharply and the US dollar hit a six-month low after Donald Trump imposed steep tariffs on trade partners, raising fears of economic turmoil.

Asian indices like Japan’s Nikkei dropped over 3%, Vietnam’s market plunged 6.7%, and major European indices also fell.

US tech stocks led declines, with Apple down 7% and Tesla 8%. The dollar slid 1.1%, while gold surged to a record $3,167.50.

Investors fled to safe assets amid fears of a global recession and prolonged trade uncertainty.

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[–] [email protected] 1 points 1 day ago

I'm tired of all this "winning"