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Oil sinks, stocks tumble worldwide as Trump rejects tariff pause, markets reel from recession warnings

Malay Mail LogoMalay Mail1w ago

Oil sinks, stocks tumble worldwide as Trump rejects tariff pause, markets reel from recession warnings - Malay Mail

Quick Summary:

NEW YORK, April 8 — Stock markets and oil prices slumped further on a black Monday for markets as US President Donald Tr...

A slew of countries will be hit by higher duties from Wednesday, with levies of 34 percent for Chinese goods and 20 percent for EU products.

A 10 percent “baseline” tariff on imports from around the world took effect Saturday.

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Oil sinks, stocks tumble worldwide as Trump rejects tariff pause, markets reel from recession warnings - Malay Mail (Picture 1)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 08:38:33 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 27702669

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 18 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 8 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

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The story "Oil sinks, stocks tumble worldwide as Trump rejects tariff pause, markets reel from recession warnings" has 490 words across 23 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Oil sinks, stocks tumble worldwide as Trump rejects tariff pause, markets reel from recession warnings" was covered 1 weeks ago by Malay Mail, a news publisher based in Malaysia.

How trustworthy is 'Malay Mail' news outlet?

Malay Mail is a fully independent (privately-owned) news outlet established in 1896 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 18 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27702669
  • URL: https://chronographically.beamstart.com/news/oil-sinks-stocks-tumble-worldwide-17440829532548

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