Stock markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to plunge the US and global economies into a

As panic tore through global markets amid warnings of an economic 'spiral of doom', sterling topped $1.32 for the first time since early October.

That's how much the WSJ Dollar Index has now lost this year. The dollar now weaker than it was on Nov. 5, before a post-election rally. Here's why consensus expectations for a stronger U.S. currency p

Stock indexes tumbled on Thursday, with the S&P 500 down more than 4%, while the U.S. dollar weakened and oil prices fell more than 6% as President Donald Trump’s drastic U.S. trade tariffs stoked fears of a global recession and led investors to seek safe-haven assets like bonds and the yen.

President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”

World leaders are reacting with dismay, threats of countermeasures and calls for swift negotiations to make trade rules fairer in response to the sweeping new tariffs announced by U.S. President Donald Trump.

Markets tumbled and executives scrambled to grasp the scope and size of Trump’s trade barriers.

The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.

Trump’s tariffs are an economic emergency. If implemented, the US’s average tariff rate would be higher than under Smoot-Hawley. They would constitute the largest tax increase since the 1968 levies to fund the Vietnam war.

There will likely be short-term fluctuations in the market after Trump's tariff announcement, but it will take time to see the full effects of the new policy.