Trump admits ‘transition cost’ of tariffs as global markets sink again – business live
US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffsUS stocks fall again after rally following Trump’s shock retreat on tariffsIn Australia today’s share market decline has continued, with stocks now tanking more than 2% as investors who drove a relief rally in the previous session worried about the US tariffs fallout.The S&P/ASX 200 index dropped as much as 2.4% to 7,524.50 points by 0016 GMT, after the benchmark surged 4.5% on Thursday following Donald Trump’s tariff reprieve. Continue reading...
admin
0
14
US stocks tumble once more after historic rally following US president’s shock retreat on ‘reciprocal’ tariffs
In Australia today’s share market decline has continued, with stocks now tanking more than 2% as investors who drove a relief rally in the previous session worried about the US tariffs fallout.
The S&P/ASX 200 index dropped as much as 2.4% to 7,524.50 points by 0016 GMT, after the benchmark surged 4.5% on Thursday following Donald Trump’s tariff reprieve.
Continue reading...
