Stock markets tumble in response to Trump’s sweeping tariffs
Foreign stock markets tumbled on Thursday morning following President Donald Trump’s announcement of a raft of tariffs on America’s trade partners — including a minimum baseline tariff of 10% on all nations. Asian markets led the slide. Japan’s Nikkei index dropped 4% after opening, Hong Kong’s Hang Seng Index slid 2.4%, South Korea’s KOSPI fell 2.7% and[…]