Categories: Estero

US markets plunge amid recession fears | BBC News


A sell-off in global shares eased in Europe on Tuesday following a sharp fall in US stocks that came as investors raised concerns about the negative economic impact of President Donald Trump’s tariffs.

It followed the US president saying in a TV interview that the world’s biggest economy was in a "period of transition", when asked about suggestions of a potential recession.

Since those remarks were broadcast on Sunday, top Trump officials and advisers have sought to calm investor fears.

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