Trump news at a glance: tariffs inflict more pain amid warning of rising prices | Trump administration

Written by on April 5, 2025

Donald Trump’s sweeping tariffs are roiling global financial markets, with stocks tumbling across the board from New York to London.

Wall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at the US president’s risky bid to overhaul the global economy with the vast tariffs.

Experts are all but unanimous that the impact on global growth of Wednesday’s extraordinary Rose Garden press conference



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