This article is from the source 'bbc' and was first published or seen on . The next check for changes will be
You can find the current article at its original source at https://www.bbc.com/news/articles/cx26v8x24w1o
The article has changed 15 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Stocks fall again as Trump tariff jitters continue | Stocks fall again as Trump tariff jitters continue |
| (about 1 hour later) | |
| Shares fell again on Friday as markets continued to react to the uncertainty surrounding the economic impact of US tariffs. | |
| European markets saw further falls as trading got under way, with the UK's FTSE 100 index down 1.5% and Germany's Dax dropping 2.1%. Asian markets had also declined earlier. | |
| The sweeping new tariffs announced by President Donald Trump on Wednesday triggered a slump in global stock markets, with US markets having their worst day since the impact of the Covid pandemic in 2020. | |
| Traders are concerned the tariffs will increase prices and weigh on growth in the US and abroad. | Traders are concerned the tariffs will increase prices and weigh on growth in the US and abroad. |
| Trump told reporters on Thursday he thought things were going "very well", adding: "The markets are going to boom." | Trump told reporters on Thursday he thought things were going "very well", adding: "The markets are going to boom." |
| But on Friday markets continued to slide, with France's Cac 40 index down 1.6%. | |
| Trump has said the tariffs will boost US economic growth, but some economists have warned of a slowdown in the US and in the global economy. | Trump has said the tariffs will boost US economic growth, but some economists have warned of a slowdown in the US and in the global economy. |
| The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, has said the new tariffs "clearly represent a significant risk to the global outlook at a time of sluggish growth". | The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, has said the new tariffs "clearly represent a significant risk to the global outlook at a time of sluggish growth". |
| She said the IMF was still looking into the "macroeconomic implications" of the measures and stressed the need to avoid actions that could do more damage to the global economy. | She said the IMF was still looking into the "macroeconomic implications" of the measures and stressed the need to avoid actions that could do more damage to the global economy. |
| Russ Mould, investment director at AJ Bell, said the "relentless selling" had continued despite investors "hoping the pain would go away". | |
| "There are so many moving parts that getting your head around the situation [as an investor] isn't easy," he said. | |
| "With countless sectors set to be hit by tariffs, it's difficult to know where to begin to comprehend the situation." |