Read, Watch or Listen

President Trump's newly imposed tariffs on imports from dozens of countries have triggered a global market downturn. The move, effective April 5th, 2025, caused a significant loss of trillions in global equity value, exceeding 10% of the global GDP. Major stock indices like the S&P 500 suffered substantial losses, nearing bear market territory. Gold, oil, and Bitcoin prices also fell, reflecting increased uncertainty. Currencies of major US trading partners showed mixed reactions, with some weakening against the dollar. Analysts predict a significant chance of a global recession.

Prepared by Christopher Adams and reviewed by editorial team.