Markets braced for more volatility

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global trade slowdown

Guardian

•

World

Markets brace for volatile week as leaders weigh up retaliation to Trump’s tariffs

Summary

Nutrition label

74% Informative

Stock indices plunged by nearly $5tn last week , with markets in the UK and US suffering losses not seen since the early days of the Covid-19 pandemic.

Some investors still holding out hope that tariffs against China and EU will be delayed or remodelled.

But leading figures in the Trump administration warned on Sunday against expectations for a U-turn.

The world must either pay Trump now via tariffs, or pay Xi Jinping later through lost manufacturing and jobs,” he said.

A big hit to exports would have profound consequences for growth and employment’ However, he warned of the long-term implications of Trump trying to loosen China ’s hold on global supply chains.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful