Markets across the globe plummeted as President Trump implemented extensive fresh tariffs on leading US trading companions, igniting apprehensions of counteractions and a hesitant worldwide economy. Equities plummeted, debt instruments surged, the common European currency soared to its strongest level in half a year, and fossil fuel costs dropped.

Source: https://www.euronews.com/business/2025/04/03/trumps-tariff-shock-rattles-markets-as-investors-fear-global-trade-war