The stock markets in the United States have dramatically opened much lower, following a sharp plunge in indices across Asia and Europe. The tremors from President Donald Trump’s tariffs are still being felt with intensity on a global scale.
Meanwhile, European trade officials have converged in Luxembourg, aiming to craft a collective response to Trump’s bold move. Germany has sharply criticized the US tariffs, dubbing the policy as ‘nonsense.’
In Hong Kong, the stock market has endured its most severe single-day drop in nearly thirty years, fueled by a surge of panic selling incited by Trump’s tariff declarations.
On board Air Force One, Trump has staunchly defended his administration’s choice to implement the extensive levies, asserting that many world leaders are ‘eager to make a deal.’