Stocks slide; bonds, gold buoyed as tariffs stoke recession fears

Quick Summary:

LONDON :Major global share markets fell sharply on Monday and gold surged to another new record after U.S.

President Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to a recession.

Trump's comments to reporters on Air Force One seemed to dash hopes the levies would be limited to a smaller group of countries with the biggest trade imbalances.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanUkraine

Topics: Trade Rates Japan Fell March Cent Tariffs Friday Global Recession Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 08:22:29 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 763 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27475286

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 3 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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