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The Guardian - UK
The Guardian - UK
World
Kalyeena Makortoff and Graeme Wearden

Global stock markets fall and dollar dives after Trump announces sweeping tariffs

Stock Market United States IG Asia Nasdaq
A woman stands in front of an electronic signboard showing a 0.76% fall in the Korea composite stock price index
An electronic signboard in the dealing room of Hana Bank in Seoul, South Korea. Photograph: Yonhap/EPA

Global stocks have fallen sharply and the US dollar hit a six-month low after Donald Trump unveiled sweeping tariffs against the US’s global trade partners in a move that is expected to upend supply chains and cause economic turmoil.

European markets were down across the board on Thursday after a sharp sell-off across Asia and US futures signalled similar falls when Wall Street opens.

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