Unexpected tariffs caused global markets to tumble, with US equities declining almost 10%
From Investing.com: 2025-04-08 00:30:00
The news of unexpected tariffs caused global markets to tumble last week, with US equities declining almost 10% by the end of trading on Friday. The tariffs were broader and deeper than expected, affecting countries with significant trade deficits with the US. Small Asia saw the biggest drop in equity values, while technology stocks took the hardest hit. The crisis cycle of trigger event, market response, and real economy impact is playing out, with potential long-term effects on global economic growth. Investors are advised to assess cash needs, macro views, and investment philosophy in responding to the crisis.
Read more at Investing.com: Anatomy of a Market Crisis: Tariffs, Markets and the Economy