Recession Looms: Trump Calls Tariffs ‘Medicine’ As Asian Markets & FTSE Tank скачать в хорошем качестве

Recession Looms: Trump Calls Tariffs ‘Medicine’ As Asian Markets & FTSE Tank

The UK’s FTSE 100 has plunged to a one-year low as fears deepen over the global impact of Donald Trump’s tariffs, despite Sir Keir Starmer promising new measures to support under-pressure manufacturers. Analysts have warned that the scale of disruption in global financial markets is one of the worst to be felt in decades. Overnight, Asian stocks across the board were sinking to new lows after Mr Trump said he will not back down on his sweeping import taxes unless countries even out their trade with the US. The US president said overnight on Monday that he did not want global markets to fall, but also that he was not concerned about the major sell-off, adding: “Sometimes you have to take medicine to fix something.” Talk’s Julia Hartley-Brewer discusses the story with director of the Institute for Fiscal Studies Paul Johnson. Click here for more from Talk https://talk.tv If you need any help visit: https://talk.tv/helplines #economy #tariffs #donaldtrump #trump