shot-button
HMPV HMPV
Home > News > World News > Article > Stock markets plunge after fresh tariff threat by Donald Trump

Stock markets plunge after fresh tariff threat by Donald Trump

Updated on: 20 June,2018 09:34 AM IST  |  London
Agencies |

Frankfurt was the heaviest faller among leading European indices, shedding 1.4 percent in late morning deals, which followed a drop of 3.8 per cent for Shanghai

Stock markets plunge after fresh tariff threat by Donald Trump

Donald Trump. Pic/AFP

Wall Street stocks also tumbled in opening trading Eyes were also on talks in Germany due between the country's Chancellor Angela Merkel and French President Emmanuel Macron on EU reform. Merkel and Macron have both stressed that the bloc must learn to stand its ground on the world stage, as Trump openly challenges the EU with a trade war and over security and climate policy.


In foreign exchange trading, the dollar dropped versus the haven yen currency, but gained versus the pound and euro. Oil prices slid ahead of a key OPEC meeting on crude output levels.

 

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Did you find this article helpful?

Yes
No

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.

Help us improve further by providing more detailed feedback and stand a chance to win a 3-month e-paper subscription! Click Here

Note: Winners will be selected via a lucky draw.

donald trump world news

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK