European and US futures slump as Trump says EU tariffs will ‘definitely happen’; stocks and cryptocurrencies tumble in Asian trading hours
Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate
The Australian trading day closed a short while ago and the Australian dollar and the benchmark ASX200 have both plunged after US President Donald Trump fired the first shot in what threatens to be a trade war that could crimp global growth, the Australian Associated Press reports.
The ASX200 index suffered its worst loss in four months on Monday, dropping 152.9 points, or 1.79 per cent, to a two-week low of 8,379.4.
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Source link : https://www.theguardian.com/business/live/2025/feb/03/donald-trump-tariffs-live-blog-news-updates-stock-market-canada-china-mexico
Author : Philip Wen
Publish date : 2025-02-03 06:20:00
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