Minister calls for ‘cool heads’ as international markets tumble over Trump’s tariffs

Transport Secretary Heidi Alexander has called for "cool heads" after international stock markets fell dramatically overnight following Trump’s tariffs on countries across the world.

Japan’s Nikkei 225 stock index dived nearly 8%, the Singapore benchmark index fell 6.8%, Australia’s S&P/ASX 200 fell more than 6%, and South Korea’s Kospi lost 4.4%.

Meanwhile US stock market futures signalled further weaknesses, with the future for the S&P 500 losing 4.2% and the Dow Jones Industrial Average falling 3.5%, while the future for the Nasdaq lost 5.3%.

Read more here:
https://news.sky.com/story/international-stock-markets-tumble-as-trump-calls-tariffs-medicine-13343658

#trump #tariffs #trade #usa #uk #trump #economy #markets #china

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