President Trump confirms no plans to suspend global tariffs despite US stock market dip
There were big swings in US stock throughout Monday's trading session after Trump warned he could raise tariffs even further.
READ MORE : http://www.euronews.com/2025/04/08/president-trump-confirms-no-plans-to-suspend-global-tariffs-despite-us-stock-market-dip
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There were big swings in US stock throughout Monday's trading session after Trump warned he could raise tariffs even further.
READ MORE : http://www.euronews.com/2025/04/08/president-trump-confirms-no-plans-to-suspend-global-tariffs-despite-us-stock-market-dip
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
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NewsTranscript
00:00U.S. President Donald Trump has confirmed he has no plans to suspend global tariffs,
00:06despite another day of turbulence in global stock markets.
00:10Well, we're not looking at that. We have many, many countries that are coming to negotiate
00:16deals with us and they're going to be fair deals and in certain cases they're going to
00:21be paying substantial tariffs.
00:25Following big swings throughout the day after Trump threatened additional tariffs on China,
00:31the Dow Jones closed down 0.91% at the end of trading, while the S&P 500 dropped 0.23%,
00:39marking its third straight day of losses.
00:43The tech-focused Nasdaq composite gained 0.1% after fluctuating between losses and gains
00:50multiple times during the session.
00:54Europe's biggest stock markets all closed more than 4% down, with Spanish financial
00:59experts saying there are strong reasons to fear a global recession after the IBEX 35
01:04index closed with a 5.12% drop.