global markets decline

Recession fears mount as US China tariffs fuel trade war havoc across global markets – The Times of India

polite11 hours ago07 mins

Stock markets worldwide continued their decline on Friday after China retaliated against President Donald Trump’s latest round of tariffs, increasing concerns that the escalating trade war could push both the US and global economies into a recession.The Dow Jones Industrial Average plummeted more than 1,600 points, or 4%, following a steep 1,679-point drop the previous…

Billionaires lose 8 billion as Trump’s tariffs shake global markets – The Times of India

Billionaires lose $208 billion as Trump’s tariffs shake global markets – The Times of India

polite15 hours ago06 mins

The combined wealth of the world’s 500 wealthiest individuals decreased by $208 billion on Thursday following US President Donald Trump’s announcement of broad tariffs, causing global markets to decline sharply.This represents the fourth-largest single-day reduction in the Bloomberg Billionaires Index since its inception 13 years ago, surpassed only by declines during the peak of the…