Stocks slide worldwide ahead of Trump’s ‘Liberation Day’ as trade war fears mount
Global stock markets, including those in the US and Europe, fell sharply on Wednesday as uncertainty loomed ahead of US President Donald Trump‘s highly anticipated tariff announcement, raising fears of a potential global trade war, according to news agency AFP.
Investors are on edge as Trump prepares to unveil a new wave of tariffs, known as “Liberation Day,” which could impact both allies and adversaries. With speculations about retaliatory tariffs and the potential escalation of trade tensions, market sentiment has been fragile. The dollar and oil prices both slipped, while gold, often seen as a safe haven, approached its all-time high.
Following a slight uptick in Tokyo and steadying Chinese markets, European stocks dropped, with…
