Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately “boom”.
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Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately “boom”.
Palestinian authorities say children were among the dead, while Israel says it hit a Hamas command-and-control centre.
The EU’s message is that it is ready to negotiate with the US but at the same time poised to hit back too.
Min Aung Hlaing is scheduled to attend a summit of the seven countries that border the Bay of Bengal.
Analysts have questioned claims that new tariffs are reciprocal and based on those charged against the US.
The move is announced hours after Israel’s PM Benjamin Netanyahu, who is sought under an ICC arrest warrant, arrives in Budapest for a state visit.
Rescue and relief workers seeking access to some of the worst quake-hit areas are being blocked by the military.
The US president said universal 10% tariffs would go into effect for all countries starting 5 April.