Global stocks fell and government bonds rallied on Thursday after Donald Trump’s sweeping new tariffs left the world on the brink of a full-blown trade war.
The benchmark Stoxx Europe 600 index was down 1.8 per cent by late morning, after a steeper fall at the open, as investors flocked to haven assets including Treasuries and German Bunds. Futures tracking the S&P 500 and the Nasdaq were down 3.4 per cent and…
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