TOKYO -- Global stock markets lost over $12 trillion in value -- roughly a tenth of the total -- in the wake of U.S. President Donald Trump's announcement of sweeping tariffs last week, a broad-based slump that spanned tech, finance and consumer staples.
Markets
Trump tariffs drag global stocks down 10% in broad retreat
Apple, Aramco and JPMorgan among biggest losers amid trade and economic fears
Stock prices dropped sharply almost across the board after U.S. President Donald Trump's April 2 announcement of reciprocal tariffs. © Reuters
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