Dow, S&P and Nasdaq among markets feeling share price pain while Trump insists ‘markets are going to boom’. The key US politics stories from 3 April
Global financial markets were roiled by Donald Trump’s latest tariff announcement – with trillions of dollars knocked off the value of the world’s biggest companies and heightened fears of a US recession.
In the US, the main indices saw their worst one-day falls in five years as the president claimed that “the markets are going to boom” in response to his sweeping tariffs.