Trump tariffs hammer global stocks, dollar and oil

Quick Summary:

NEW YORK: Stock markets and the dollar tumbled Thursday (Apr 3) after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation.

The dollar slumped by as much as 2.

White House Press Secretary Karoline Leavitt appeared to rule out the possibility of Trump pulling back any of the tariffs before they are implemented over the coming weekend.

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Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaChinaJapanMexicoUnited States

Topics: Markets Tariff China Shares President Dollar Fell Tariffs Stock Trump Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 23:38:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 686 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27574118

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 41 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 51 minutes ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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