Trump’s tariffs blamed for historic US$2.4 trillion market crash and rising recession threat

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SINGAPORE, April 4 — Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month wh...

US stock futures steadied in the early Asian session, with Nasdaq futures rising 0.05 per cent, while S&P 500 futures eased 0.06 per cent.

Elsewhere, spot gold was perched near a record high at US$3,112.81 an ounce, and was on track for a fifth straight weekly gain, as worries about the impact of Trump’s tariffs on the global economy boosted the metal’s safe-haven appeal.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapanOmanSingaporeTaiwanUnited States

Topics: Stock market sell-off 2025 Trump trade war recession US tariffs global impact Global economy outlook

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 09:42:50 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 724 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 27575141

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About Malay Mail

Main Topics: EconomyBusiness

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