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Global financial marketsGuardian
•US Politics
US Politics
75% Informative
About $2.5tn (1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe.
Experts said Trump ’s sweeping border taxes of between 10% and 50% on allies and enemies alike had dramatically added to the risk of a steep global downturn and a recession in the world's biggest economy.
China condemned “unilateral bullying” practices and the EU said it was drawing up countermeasures.
Shares of Nike , Adidas and Puma all fell steeply after Trump announced tariffs.
Analysts warn that garment and sports shoe makers, which rely heavily on production in south-east Asia , face rising costs.
Countries scramble to assess the fallout and whether to retaliate.
The UK suggested it may retaliate even as it tries to strike a deal with Washington .
VR Score
76
Informative language
72
Neutral language
46
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
2
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