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The Guardian - US
The Guardian - US
World
Guardian staff

Trump news at a glance: Wild swings on global markets as Trump threatens further China tariffs

Donald Trump United States China European Union Harriet Tubman Leonard Leo
A trader works on the floor of the New York Stock Exchange at the opening bell in New York City, on Monday.
A trader works on the floor of the New York Stock Exchange at the opening bell in New York City, on Monday. Photograph: AFP/Getty Images

Global stock markets fell catastrophically on Monday following President Trump’s tariff rollout.

Despite the economic turmoil, the US president doubled down on his plan, threatening to impose an additional 50% tariff on imports from China on Wednesday, unless the country rescinds its retaliatory tariffs on the United States by Tuesday.

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