It is a manic Monday for international markets – with stocks across Asia and Europe plummeting. That’s in response to US president Trump’s tariffs announced last week.
In Asia – Hong Kong’s Hang Seng was among the hardest hit – closing more than 13 percent DOWN. The carnage also continuing from China all the way to Australia.
In Germany, the main DAX index dropped around 10 percent at the start of trading, but has now recouped some of its losses.
00:00 Why Asian markets fell so sharply
02:40 Trinh Nuyen a Senior economist at the financial services firm Natixis tells DW if the trade war will lead to a global recession.
07:55 DW reporter Steven Beardsley on what is still to come with Trump’s tariff plans
#tariffs #hangseng
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
Author: DW News
Go to Source
News post in April 7, 2025, 3:04 pm.
Visit Our Sponsor’s:
News Post In – News
