World stock markets: black Monday triggered by Trump’s tariffs

April 7, 2025 will be remembered as Black Monday for the world’s financial markets. The reason: Donald Trump’s surprise announcement of a new wave of tariffs, triggering a veritable stock market earthquake.

Wall Street plunged, losing up to 10% in just a few days. At the close: Dow Jones -0.91%, Nasdaq barely in the green (+0.10%), S&P 500 -0.23%. Europe was not spared: Paris -4.78%, Frankfurt -4.13%, London -4.64%. In Hong Kong, the stock market collapsed by over 13%, the first time this has happened since 1997.

Panic also spread to commodities: oil plummeted, with Brent dropping to $64.21 a barrel and WTI to $60.70 – their lowest levels since 2021. Even bitcoin is down, in a climate of extreme uncertainty.

Faced with trade tensions, investors are fleeing risky assets. And despite a brief rumor of a 90-day customs truce – immediately denied by the White House – Donald Trump remains adamant: “Don’t be weak… greatness will come,” he wrote on Truth Social.

An explosive scenario, where every tweet can send markets reeling.

source: CNN