Stocks extend global rout after Trump's shock tariff blitz

Hong Kong (AFP) April 4, 2025

Equities widened losses in Asia and Europe on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears. The US president's harsher-than-expected "Liberation Day" levies sent shockwaves through markets on Thursday, with Wall Street suffering its worst day since the early days of the Covid-19 pandemic and