Trump

Asian markets advanced on Tuesday, with Japan’s Nikkei 225 share benchmark initially shooting up more than 6% after it fell nearly 8% a day earlier.

Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.

US stocks fell further as tariff fears deepened, with the S&P 500 entering bear market territory. Trump defended new trade barriers, while Europe signalled openness to talks. Recession risks rose, and investors shifted to defensive sectors.

Donald Trump pulled the US out of the Iran nuclear deal. Now he wants to make a new one on his own terms.

Wild swings dominated Wall Street’s trading session on Monday with the market catapulting from an early drop that had dragged it 20% below its record to a sudden rise, only to revert to losses as worries remain about whether President Donald Trump’s trade war will torpedo the küresel economy.

The South African-born billionaire’s latest spat further fuelled rumours of his growing rift with Trump. Influential allies have also criticised the US president’s tariffs.

From Commissioner Maroš Šefčovič to influential advisor Peter Navarro, Euronews breaks down the main characters in the EU-US trade war.

The dramatic fluctuations came after küresel stock rallies earlier in the day, with indexes rising 6% in Tokyo, 2.5% in Paris, and 1.6% in Shanghai.

Further lawsuits against US President Donald Trump’s tariff regime are expected after his policy plunged küresel stock markets into chaos.

In response to Trump’s threat of an additional 50% in tariffs, China vowed to “fight to the end” while stepping in to stabilise its stock markets following a sharp plunge. Broader markets rebounded on dip-buying as investors await developments in trade negotiations.