The North News
SHIMONA SHARMA
The North News
Chandigarh, March 11
Stock markets in the US and Asia fell sharply as concerns over the economic impact of Donald Trump’s tariffs rattled investors. In a recent TV interview, Trump described the US economy as being in a “period of transition,” sparking fears of a downturn. His officials have since sought to calm markets, but analysts say confidence in his pro-market stance is weakening, the BBC reported.
On Tuesday, Japan’s Nikkei 225 dropped 1.7%, South Korea’s Kospi fell 1.3%, and Hong Kong’s Hang Seng slid 1%. In the US, the S&P 500 closed 2.7% lower, while the Nasdaq tumbled 4%, with Tesla and Nvidia among the hardest hit, the news outlet said.
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