Stocks in the US and Asia fall as fears grow over economic slowdown
Stocks markets have fallen in the US and Asia over concerns about the negative economic impact of President Donald Trump’s tariffs.
It followed the president saying in a TV interview that the world’s biggest economy was in a “period of transition”, when asked about suggestions of a potential recession.
Since those remarks were broadcast on Sunday, top Trump officials and advisers have sought to calm investor fears.
“The previous notion of Trump being a stock market president is being re-evaluated,” said Charu Chanana, an investment strategist at investment bank Saxo told the BBC.
In a Fox News interview broadcast at the weekend but recorded on Thursday, Trump appeared to acknowledge concerns about the economy. “I hate to predict things like…
