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Global Market Rollercoaster Ahead of Trump Tariff Announcement
TaiwanPlus News
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4/2/2025
With U.S. President Donald Trump set to unveil new tariffs on Wednesday, European and Asian markets have been volatile because of the uncertainty, which has also seen the price of gold hit a new record high.
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00:00
Stock markets around the world are on edge as they brace for U.S. President Donald Trump's
00:05
latest tariff plans.
00:07
In Asia, markets managed to claw back some of their losses from Monday, but major markets
00:12
in Europe fell by up to 2 percent.
00:15
On Wall Street, the S&P 500 and Nasdaq recorded their worst quarters since 2022.
00:21
Meanwhile, the insurgency has seen the price of gold climb to a new record high.
00:27
Trump is set to announce his new tariff plans for all countries on Wednesday, which he's
00:31
calling Liberation Day.
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