Trump tariffs hammer global stocks, dollar and oil

Quick Summary:

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

The panic came after the US president unveiled a blitz of harsher-than-expected levies aimed at countries he said had been "ripping off" the United States for years.

Yields on government bonds fell as investors fled risky assets and piled into safe-haven treasuries.

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Article Details

Category: EconomyBusiness

Markets: ThailandCanadaChinaHong KongJapanMexicoUnited States

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 05:45:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 673 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 27576145

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 17 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 1 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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