Brief by Shorts91 Newsdesk / 07:29pm on 06 Apr 2025,Sunday International
Stock markets are facing another rough week as President Trump’s new tariffs take effect. Last week, markets lost nearly $5 trillion, the worst since the COVID-19 crisis. The tariffs, hitting China, the EU, and the UK, could slow the economy further. The UK and EU may enter a recession, analysts warn. British Prime Minister Keir Starmer plans to protect businesses. The EU is considering retaliatory tariffs. Trump says the tariffs will "reset global trade." Experts fear a global slowdown, but leaders hope for a deal to ease tensions. The situation remains uncertain as markets react. (PC: Justin Lane/EPA)
